The second edition of the SME Expo is held over the weekend at Aeon Mall Sen Sok.
According to the Federation of Association for Small and Medium Enterprises of Cambodia, SMEs account for less than 10% of Cambodia’s exports. If we look at the range of consumer products available in the domestic market, we also see a glaring absence of locally manufactured products.
Industry Ministry is drafting a law to regulate the construction of industrial parks dedicated to small businesses.
The Ministry of Tourism said it will create a working group whose goal will be to devise strategies to increase the share of local products used by local firms, particularly those in hospitality.
After a roller-coaster of a year in which the country held national elections and the European Union announced it is reviewing Cambodia’s trade status, 2019 seems poised to bring plenty of opportunities to the rapidly-growing SME sector in Cambodia.
Events: SIS Charity Show – SME Entrepreneur Forum – Secrets of Building Your Own Success
While tax evasion is illegal, there are a number of strategies to avoid tax.