Logo of Phnom Penh Post newspaper Phnom Penh Post - Fasmec brings in website for SMEs

Fasmec brings in website for SMEs

Content image - Phnom Penh Post
Signing ceremony of memorandum of understanding.

Fasmec brings in website for SMEs

Cambodian entrepreneurs who are members of the Federation of Association for Small and Medium Enterprises of Cambodia (Fasmec), can soon display and sell their products on a new shopping website, thanks to a partnership with London-based Sram & Mram Resources Ltd.

Fasmec President Te Taing Por said on Thursday that his federation signed a memorandum of understanding with the conglomerate on Wednesday to develop smexasean.com, which will serve as a platform linking Cambodian products to the regional market.

He said both parties will soon finalise the agreement to jointly operate the site while a technical team will conduct a road show on June 18 to educate Fasmec’s 300 members on the benefits of the new platform and how to use it.

“Our members will soon be having a platform to display and sell their products that will make it easier and cheaper to reach international customers. The domain will function like Alibaba in China, except with Cambodian products and vendors,” he said, without providing details on how to register them for display on the website.

Taing Por said Sram & Mram has reached similar agreements with SME associations in other Asean countries.

The chairman and founder of Sram & Mram Resources Limited, Sailesh Lachu Hiranandani, said in the release that the shopping website will help SME owners to introduce their products to a wider consumer base.

“The objective of the project is to place the SMEs under one roof by providing them the avenue to conduct business activities without worrying about the fundamentals of finding a buyer or seller,” he said.

MOST VIEWED

  • Locations shut, dozens more Covid-19 positive

    The Ministry of Health has closed 23 locations in connection with the February 20 community transmission of Covid-19 and summoned for testing anyone who had direct contact with affected people and places. The number of discovered related infections has risen to 76, including 39 women. In a press release,

  • Kingdom's Covid cluster cases jump to 194

    The Ministry of Health on February 25 confirmed 65 new cases of Covid-19, with 58 linked to the February 20 community transmission. The latest cluster cases include nine Vietnamese nationals, five Cambodians, one each from Korea, Singapore and Japan, with the rest being Chinese. This brings the total number

  • Cambodia's Covid cluster cases rise to 137

    The Ministry of Health on February 24 recorded 40 more cases of Covid-19, with 38 linked to the February 20 community transmission. Of the 40, two are imported cases involving Chinese passengers. The 38 include two Vietnamese nationals and one Cambodian, with the rest being Chinese. This brings the total cases

  • Covid cluster raises alarm, health bodies urge vigilance

    The Ministry of Health and the World Health Organisation (WHO) in Cambodia have expressed great concern over the February 20 cluster transmission of Covid-19 in the community. Both entities appealed for vigilance and cooperation in curbing further spread of the virus. Ministry spokeswoman Or Vandine said

  • PM confirms third Covid-19 community transmission

    Prime Minister Hun Sen on February 20 announced the Kingdom's third outbreak of Covid-19 community transmission after 32 people tested positive in just over 10 hours. Addressing the public from his residence after an emergency meeting, Hun Sen said: "I dub it February 20 Community Event, in which 32 cases

  • Cambodia to make auto-rickshaws

    Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. According to a CDC press release, it will issue a final registration