Preah Sihanouk provincial governor Sboang Sarath issued a notice dated on June 16 to all business owners on Otres beach, including guesthouse, restaurant and bar to relocate within one week. Around 70 business owners on this beach are ordered to remove by June 30. If not meet the new deadline, authorities will evict them and [...]
Posts Tagged ‘Small business’
ACLEDA extended its branch to Kampot
June 24th, 2009 
Cambodia Economy Despite the global financial crisis, ACLEDA banks, leading commercial bank, still widened its operation across country. On Wednesday the bank opened up its new branch in Kampot province in order to tap into a considerable local market for small loans. It is the 14th branch standardizing like branches set up in Cambodia and Laos. Say [...]
Posted in Banking System 
Tags: Acleda, banking sector, Cambodian banks, commercial bank, loans, Small business 
No Comments »Low interest rate and increase in loans are important to boost agriculture sector
February 2nd, 2009 Cambodia Economy Agriculture sector has expanded gradually thanks to productivity gains, reflecting an increase in the area under irrigation, the use of improved agricultural inputs and greater commercialization of farming. By the way, without financing, farmers cannot adjust to changing market conditions or capitalize on opportunities to commercialize their existing agriculture activities.
Posted in Banking System, Loan Tags: Acleda, agricultural loans, agriculture, banking system, banks, Cambodian farmers, Commercial banks, credit, global financial crisis, Interest rate, Loan, Low interest rate, microfinance, microfinance institutions, National Bank of Cambodia, Small business, SMEs 2 Comments »
