Logo of Phnom Penh Post newspaper Phnom Penh Post - S'pore to open SME office in Phnom Penh

S'pore to open SME office in Phnom Penh

S'pore to open SME office in Phnom Penh

SINGAPORE’S Association of Small and Medium Enterprises (ASME) plans to open its first business centre abroad in Phnom Penh next year, according to Channel NewsAsia. The centre aims to explore investment opportunities, particularly in infrastructure and education. Claiming Singapore’s SMEs often lag rivals such as Taiwan, Hong Kong and Korea in exploring foreign opportunities, the association would aim to facilitate early entrance to the Kingdom. “We think that in the next five years, Cambodia would be the next big thing, possibly even as big as Vietnam and being relatively untapped. This is the right time to be in Cambodia right now,” ASME CEO Bryan Teh was reported as saying. The report estimated there was over US$200 million in bilateral business opportunities, and said there is currently no Singapore representative or assistance in the Kingdom. ASME and the Singapore embassy were unavailable for comment Sunday.

MOST VIEWED

  • Cambodia’s image problem

    In opening remarks at a recent event, Secretary of State at the Ministry of Foreign Affairs and International Cooperation Luy David said information can be a double-edged sword. He told a European Institute of Asian Studies (EIAS) briefing seminar that the media has unfairly presented

  • PM Hun Sen says dangers averted

    Delivering a campaign speech from his home via Facebook Live on Thursday, caretaker Prime Minister Hun Sen said his Cambodian People’s Party (CPP) had carried the country through danger in its latest mandate. He was specifically referring to the threat of a “colour revolution”

  • Kingdom's trade deal with EU questioned before poll

    A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. Some 10 commissioners are in the Kingdom as part of a seven-day

  • A new carrier takes off in capital

    Cambodia Airways, the latest passenger airline to enter the Kingdom, launched its first domestic flight on Tuesday. Flight KR801, carrying 145 passengers, left the Phnom Penh International Airport at 9:50am and landed in Siem Reap at 10:35am in an Airbus A319. Cambodia Airways marketing and branding