Economy and commerce

Small and medium enterprises (SME)

Chin State to focus on trade, SMEs and tourism

The Chin State government will focus on developing three main areas of the local economy over the next five years – trade, small and medium enterprises, and tourism – according to the state minister for development, electricity and industry. Local officials will work with the Union ...

More angels coming in search of worthy investments

Two months since a group of angel investors visited Phnom Penh in search of startup investment opportunities, the organisation behind the initiative is planning an even bigger scouting mission, looking for investment opportunities in the Kingdom’s small but vibrant startup community. Seven members of the Mekong ...

Cambodia pushing for more benefits from Mekong integration

The government is seeking to develop ways of increasing the benefit felt by Cambodia from economic corridors opened throughout the Greater Mekong Subregion as part of ASEAN integration, an official has said. The economic corridors are intended to spur economic integration in ASEAN and boost infrastructure ...

IP Dept urges copyright owners to spare SMEs

The intellectual Propert Depart-ment in Thailand has called for copyright holders and copyright-fee collectors to exempt small and medium-sized businesses from paying fees for playing music to customers and to send warning letters before taking legal action. After meeting with 19 copyright owners and 29 ...

SME sector faces risks and reward under NLD

Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...

E-tax to help provide B100bn in VAT

The electronic tax and single financial account scheme are expected to boost value-added tax by at least 100 billion baht a year, Thailand’s Revenue Department has said. Keep reading ...

Vietnam M&A deals rose to $5.2 billion in 2015: report

Mergers and acquisitions (M&A) in Vietnam grew by 9.7 percent last year to US$5.2 billion, mostly with small and medium-sized enterprises involved, according to a new market report.   The number of deals was up 23.1 percent to 341, local market research company StoxPlus said in the ...

SME Bank deadline extended

The state-run Small and Medium Enterprise Development Bank of Thailand (SME Bank) has pushed back the application deadline for its 15-billion-baht policy loan scheme to the end of June after only a third of the money was taken out. Keep reading ...

Price wars to subvert gains made by SMEs

Cambodian entrepreneurs and business leaders on 30 January stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead. At the 2nd Global Alumni Convention – a forum that brings together Cambodian graduates who studied ...

SMEs need support to benefit from free trade pacts

Vietnam’s domestic small and medium sized enterprises need close co-operation from public offices in getting information about regulations of free trade agreements for getting more benefits from the agreements. This was suggested by experts at an Asia-Pacific Economic Cooperation (APEC) public-private dialogue. Keep reading ...

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