Paving the way for new SMEs
The Cambodian government is reviewing a draft sub-decree that would see the creation of a one-stop shop to handle small- and medium-enterprise (SME) registration aimed at encouraging more of them to join the formal sector and improving the quality of state support, an official said on 30 November.
Sokong said a sub-decree is currently under review by the deputy prime minister, who will then submit it to Prime Minister Hun Sen for approval. The envisioned office will be controlled by the Ministry of Industry and Handicraft, while the other 17 concerned ministries will provide expertise and resources.