Tag: sme

World MSME Day is celebrated annually on June 27th to honor the crucial role of micro, small, and medium enterprises (MSMEs) in driving economic growth and sustainable development. MSMEs account for up to 90% of businesses, 60% to 70% of employment, and half of global GDP. This year’s celebration, themed “Building a Stronger Future Together,” […]

As Cambodia progresses as a developing nation, small and medium enterprises (SMEs) take a prominent role in the growth and success of the country. With more government and financial support, entrepreneurs and artisans of all kinds have a greater opportunity than ever before to make their mark on the economy. SMEs represent a large portion […]

Small and medium enterprises (SMEs) are integral to Cambodia’s economy, comprising 99% of all businesses and are an engine for Cambodia’s growth. Despite their importance, many SMEs face challenges accessing affordable financial services, limiting their growth potential and overall contribution to Cambodia’s economic development. Recent initiatives led by institutions like SME Bank of Cambodia, coupled […]

Some of the key Challenges faced by the SMEs in Cambodia. Operating a small or medium-sized enterprise (SME) in Cambodia presents a variety of challenges that can hinder growth and sustainability. One of the primary challenges faced by small and medium-sized enterprises (SMEs) is accessing financing. Many banks hesitate to provide loans to SMEs due […]