The Ministry of Economy and Finance has officially launched and implemented the government’s Co-Financing Scheme for Small and Medium Sized Enterprises in the Kingdom, according to a statement from the ministry. It said that the fund is now available for all prioritised SMEs sector. The government’s SME Co-Financing Scheme, aims at providing loans with low […]
Read MoreAs the 40th anniversary for the reintroduction of the riel approaches, Khmer Times has interviewed numerous Cambodians from all walks of life and all parts of the Kingdom to gauge feeling about the move. We have asked many different questions and received many different answers, but the one response that has remained consistent from all we spoke […]
Read MoreCambodia’s small businesses are feeling the economic punch of the ongoing COVID-19 pandemic, leading them to seek government help. Associations working with the micro companies have backed the call. These include the Independent Democracy of Informal Economy Association (IDIEA), which said that while a full assessment of the financial impact on the sector has not […]
Read MoreCambodian farmers have expressed serious concerns after Vietnam decided to abruptly close all border crossings with Cambodia because Vietnamese merchants are their main source of buyers for many crops, particularly for cassava and cashews. The Vietnamese government on Wednesday locked down its borders with the Kingdom and imposed a month-long entry ban for any foreign […]
Read MoreBanking and Finance industry insiders welcomed the new measures of the National Bank of Cambodia (NBC) which allow banks and other financial institutions to have stronger liquidity and to continue lending to the private sector amid the COVID-19 pandemic. The Cambodian Central Bank on Tuesday announced several new measures to facilitate and urge financial institutions […]
Read MoreThe government and private sector have assured the nation that their combined stockpile of rice will be more than enough to supply domestic demand during the ongoing Novel Coronovirus situation. With numbers of reported cases rising to 35 in the past few days, panic buying – a term used to describe bulk purchasing of essential […]
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