Tag Archives: SMEs

Low interest rate and increase in loans are important to boost agriculture sector

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.

Draft law on leasing approved by council of ministries

On Friday, the Council of Ministries approved a draft law on leasing that allows small and medium-sized enterprise or SMEs to lease equipment to business that cannot afford to collateral needed to borrow money to purchase materials, according the Cambodia Daily. After the draft law passed by the National Assembly, entrepreneurs will be able to … Continue reading