Small and medium enterprises SME

Next year will be breakout year for Cambodia’s small and medium enterprises (SMEs), with specific zones being organized in each province to promote productivity, quality and regional competitiveness, the president of the SME federation said yesterday. Te Taing Por, president of the Federation of Associations ...

Small and Medium Enterprises (SMEs) may soon be listed on the Cambodian stock exchange, following the signing of a memorandum of understanding (MoU) between the Federation of Associations for Small and Medium Enterprises (FASMEC) and the Securities and Exchange Commission of Cambodia (SECC) on Thursday. ...

The Thai Commerce Ministry is looking into existing trade and investment barriers for its “innovative farm products” with Cambodia, Laos, Myanmar and Vietnam, with the long-term goal of removing them, according to the Bangkok Post.   ...

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMAC) has sought support from the anti-corruption organization Transparency International, to prepare it to be a graft-free business entity and help its members to be listed on the Cambodia Stock Exchange (CSX). ...

Cambodia should seek to enlarge its market share of the Thai consumer market by focusing on the export of unique items, a visiting Thai trade promoter said during a workshop in Phnom Penh yesterday. ...

The Ministry of Commerce and representatives of small and medium enterprises (SMEs) came together on Friday to discuss ways to boost the promotion of made-in-Cambodia goods, both in local and international markets, against a background of local supermarkets discriminating against these local products. Minister of Commerce ...

Cambodian rice cracker manufacturer Ly Ly Food Industry Co. Ltd., has begun exporting its products to China, as part of a push to expand beyond Asean markets. ...

A Japanese businessman has acquired a majority stake of microfinance company Farmer Union Development Fund (FUDF) and plans to expand its lending to the real estate sector as well as small- and medium-sized enterprises, he revealed yesterday. ...

The Thai government plans to build a special economic zone (SEZ) worth about $141.6 million in Sa Kaeo, which borders the Kingdom’s Banteay Meanchey and Battambang provinces, to serve SMEs that aim to expand their business into Cambodia, according a Thai media report. ...

The Federation of Associations for Small and Medium Enterprises of Cambodia (FASMEC) sees small and medium sized businesses (SMEs) as the engine to drive growth on the local stock market, while the companies already listed have been growing steadily. ...

The Cambodian Federation of Employers and Business Associations (CAMFEBA) yesterday launched an ASEAN Economic Community (AEC) guidebook aimed at providing employers with practical recommendations to help businesses better understand the dynamic regional changes of integration. ...

Banks and financial institutions are urged to provide more support to small and medium enterprises (SMEs), especially those owned by women, as access to capital remains a major obstacle for their growth. ...

For small and medium sized Cambodian enterprises hoping to list on the local stock market – the Cambodia Securities Exchange (CSX) – there is now an opportunity to realize their dream of seeing their stocks traded. ...

Supermarket owners are to be called for a meeting with the Commerce Ministry in response to complaints from small and medium sized enterprises (SMEs) that local products are not displayed or sold on their shelves, the commerce minister said yesterday at the launch of a ...

While food safety control services and inspection systems for food products at the Industrial Laboratory Center of Cambodia (ILCC) have showed some improvements, the ILCC still lags behind Asean standards, according to Ministry of Industry and Handicraft secretary of state Sat Samy.   ...

Cambodia’s young, tech-enthusiastic population is a gateway to accessing the global market digitally, according to the ICT Federation of Cambodia, with its president – Steven Path – estimating that the information and communication technology sector is already nearing about $1 billion in sales. ...

Building the capacity for Small and Medium Sized Enterprises (SMEs) is vital to attracting investors from the EU, where there is a strong appetite for putting money into Cambodia, a senior government official said yesterday. ...

Cambodia’s small- and medium-sized enterprises (SMEs) earned $1.9 billion in revenue last year from the tourism sector, and could increase this amount further by reducing imports, an industry spokesman said yesterday.   ...

The International Finance Corporation (IFC) will provide a $50 million syndicated loan to Acleda Bank to boost lending to small and medium enterprises, of which at least half will support women-owned enterprises, it said yesterday. ...

In September, the Cambodia Securities Exchange (CSX) an­nounced a new initiative to im­prove access to financing for cash-strapped small and medium-sized enterprises (SMEs). ...

The Federation of Associations for Small and Medium Enterprises of Cambodia is planning to propose that the government set up special economic zone (SEZ) for small and medium-sized sized enterprises (SMEs) so that they can work in clusters, saying this will enhance their productivity, increase ...

Cambodian entrepreneurs and business leaders on Saturday stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead.   ...

Listed hire-purchase company Thitikorn plans to open two branches in Cambodia next year, after being in the market for one year and finding huge opportunity and high demand for motorcycle lending there, managing director Prathama Phornprapha said yesterday. ...

In recent years, Cambodia has seen a surging number of small and medium-sized businesses, driven by young entrepreneurs. As of 2011, there are estimated 530,000 SMEs in Cambodia, but many lack access to capital to build strong and innovative businesses.​ ...