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 financing sector do not access the remote rural areas. According to studies, there are around 64,000 [...]
On Wednesday, May 27, 2009, the National Assembly passed unanimously the draft law on financial lease that is allow banks to issue leases for equipment, machinery and vehicles to business and enterprises in the wake of the global financial crisis. This law does not apply to land or real estate. Chea Chanto, governor of the [...]
The results of a study comparing the business environments of Cambodia’s ten most economically active provinces and municipalities were announced on October 26, 2006 in a seminar for 200 representatives from government, private enterprise, donor agencies and the media. This survey, the 2006 Provincial Business Environment Scorecard (PBES), is a joint initiative of the International [...]