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

  • PM responds to Rainsy ticket claims

    Prime Minister Hun Sen on Monday expressed frustration over claims by Sam Rainsy that he had altered Rainsy’s ticket with Thai Airways to prevent him boarding his November 7 flight to Thailand, from where he had claimed he would enter Cambodia. Hun Sen made the

  • Phnom Penh International Airport wins award as passenger traffic soars

    The Phnom Penh International Airport has been awarded Best Asia Pacific Regional Airport 2019 for its sustained high growth in passenger traffic in recent years. The award was presented by the Capa Centre for Aviation (Capa) – a world-leading and trusted organisation that provides market intelligence to

  • PM urges ‘democracies’ to learn from horrors Cambodia faced

    Prime Minister Hun Sen on Tuesday chided countries that he said declared themselves a democracy while supporting a military coup that eventually gave birth to the Khmer Rouge regime. Speaking during the 2nd Asia-Pacific Summit at the Peace Palace, Hun Sen said without naming those

  • Princess Buppha Devi passes away aged 77

    Princess Norodom Buppha Devi, who was famous for her skills and key roles behind the Kingdom’s Royal Ballet, passed away on Monday from unspecified illness at a hospital in the Thai capital Bangkok, according to the official Facebook page of King Norodom Sihamoni. “May

  • PM: Request for release of plotters not due to pressure

    Prime Minister Hun Sen on Saturday said his request to have the supporters of former opposition leader Sam Rainsy and his “coup plot” released on bail was not made under international pressure. Speaking at the groundbreaking ceremony for the construction of 34 roads in Preah Sihanouk

  • Ministry deplores RFA report on EBA

    The Ministry of Foreign Affairs and International Cooperation on Friday deplored as fake news a Radio Free Asia (RFA) report that it had received a copy of the European Commission’s assessment on the human rights situation in Cambodia as part of the Everything But