Business information center set up for SMEs

The Young Entrepreneurs Association of Cambodia (YEAC) in partnership with the Cambodia Women Entrepreneurs Association, Cambodia Chamber of Commerce and Mekong Business Initiative (MBI) yesterday launched a groundbreaking Business Information Center (BIC) to facilitate and expedite the start-up process for new businesses. The BIC will provide small and medium-sized enterprises (SMEs) a one-stop resource for up-to-date information on business laws and regulations, opportunities and business support services. It aims to play a leading role in clearing obstacles to business incorporation and formalization. The BIC received technical support from the Asian Development Bank and Australian government-supported MBI. (Source: Khmer Times)