Tag Archives: SMEs

US Gives Money To Boost Economic Performance

The US provided $7.79 million to the government Wednesday to aid economic growth performance, as international institutions have warned of a shrinking economy. The funds will be used to expand USAID’s program for micro-, small- and medium-sized enterprises, which seeks … Continue reading

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Micro-Loans Decreasing in Slow Economy

Outstanding debt for microfinance loans dipped slightly in the first half of the year, with less people borrowing in a slow economy, according to a national group of microfinance lenders. Outstanding loans were down at least $20 million for the … Continue reading

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Commercial banks loan to small enterprises

Cambodia commercial banks are playing an important role in providing loans for Cambodia’s small and medium enterprises to drive the economic growth, but small enterprises lack the formal financial support to expand their business, it is because the banking and … Continue reading

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SMEs need to access financing

Due to the effect of the global economic slowdown, the large-scale investments in Cambodia are slowing down. It is hopeful that small and medium enterprises (SMEs) play an important role in improving economic development and creating sustainable employment and income, … Continue reading

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Banking on an economic crisis

EXACTLY one year after the subprime mortgage crisis first hit in the United States in July 2007, Cambodia’s central bank took measures to reduce liquidity in its undeveloped financial system by doubling reserve requirements from 8 percent to 16 percent. … Continue reading

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SMEs key to growth

CAMBODIAN economists and trade officials have urged the government to focus on small and medium-sized entreprises rather than foreign investment to boost the economy during the global downturn. “Only small and medium-sized enterprises can be used as a tool to … Continue reading

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