News

Standards must improve: official

Small food and beverage makers are at risk of being uncertified when the ASEAN economic community takes shape in 2015, with the vast majority far from achieving international quality and safety standards, a government official says. Him Phanith, the deputy director of National Productivity Center, said ...

Chan Muyhong
http://www.phnompenhpost.com/business/standards-must-improve-official

Largest MFI Prasac gets loan boost for coffers

Cambodia’s largest microfinance institution, (MFI) Prasac, has received a $60.5 million loan to strengthen its capacity in offering broader financial services in the country. On Friday, Prasac signed the agreement for the syndicate loan – provided by more than one lender – with the Netherlands Development ...

http://www.phnompenhpost.com/2013070166577/Business/largest-mfi-prasac-gets-loan-boost-for-coffers.html

Cambodia's Trade With South Korea Increasing

Trade between Cambodia and South Korea has risen by almost 40 percent in 2012, a South Korean trade official said. Ki Bong-moon manager of the trade and investment unit at the intergovernmental body the Asean-Korea Centre, said in an email on Sunday that trade between ...

http://www.cambodiadaily.com

MoU to strengthen co-operation between Cambodia and India

The Federation of Associations of Small and Medium Enterprises of Cambodia (FASMEC) is expected to sign a Memorandum of Understanding with the Confederation of Indian Industries (CII) today to strengthen the co-operation on human resource training and quality control, an insider said. The Sokha, deputy director ...

http://www.phnompenhpost.com/index.php/2012120760146/Business/mou-to-strengthen-co-operation-between-cambodia-and-india.html

Officials ignore call for special small and medium enterprises bank

Cambodian officials have refused to establish a specialised bank for small and medium enterprises (SMEs) despite experts saying the sector needs aid in order to compete efficiently with ASEAN economic integration in 2015. Hang Chounnaron, secretary of the Ministry of Economy and Finance said Cambodia would ...

http://www.phnompenhpost.com/index.php/2012112059836/Business/officials-ignore-call-for-special-sme-bank.html

Too few businesses registered

A majority of small and medium enterprises in Cambodia were not registered, despite the advantages it offered to businesses, participants at a workshop on business registration procedure, intellectual property and business etiquette for women heard yesterday. Referring to 2011 statistics, Chan Sorey, vice-minister of the Ministry ...

http://www.phnompenhpost.com/index.php/2012102659433/Business/too-few-businesses-registered.html

Neglecting to conduct good market research is hurting SMEs in Cambodia

A large majority of Cambodian small and medium-sized enterprises are operating without conducting good market research, say experts in the field, and relying too heavily on informal information and networks. As a result, they are growing slowly and in some cases, falling behind their competitors. Market research involves gathering information about markets and customers. Laurent Notin, ...

http://www.etmcambodia.com/blog.php?article=486

SMEs call for better loan rates

The Kingdom’s small and medium enterprises have called on commercial banks and micro-finance institutions to lower interest rates on loans, as insiders have said they hamper SMEs’ potential for growth. Many Cambodian SMEs are concerned that the high interest rates offered by banks reduce productivity, according ...

http://www.phnompenhpost.com/index.php/2011092151765/Business/smes-call-for-better-loan-rates.html

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