PM praises SMEs role in boosting economic growth khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.
Prime Minister Hun Sen on April 10 ordered two government ministries and two associations to work together to develop, assess and upskill the Kingdom’s handicraft, small-, and medium-sized enterprises (“HSME”), which he estimated currently number about 700,000.
Local private bankers have affirmed that deposits from investors and general clients have been on an upward trend for at least the last quarter, in line with National Bank of Cambodia (NBC) deputy governor Chea Serey’s overall forecast made based on the perceived stability of the financial sector and socio-political conditions on the whole.
Cambodia Microfinance Association (CMA) members have not raised interest rates of existing loans, even amid reports of local financial institutions doing so in light of rate hikes among major sources of funding, particularly in the US and Europe, according to the head of the association.
SME registration up 1 6% at 43,974 in 2022 khmertimeskh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khmertimeskh.com Daily Mail and Mail on Sunday newspapers.