Small and Medium Enterprises and Regulatory and Business Environments in Cambodia

Pornchai Wisuttisak; Nisit Panthamit

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Published: Oct 26, 2018

Keywords:

Small and Medium Enterprises Regulation Business Condition Cambodia

Pornchai Wisuttisak

Nisit Panthamit

Abstract

Small and medium enterprises (SMEs) are an important driver for a rapid economic growth in Cambodia. SMEs are expanding in various economic sectors. Nevertheless, with progressive economic development, SMEs in Cambodia still face obstacles over regulatory frameworks and business conditions. This paper thus aims to study the challenges over regulatory frameworks and economic condition for SMEs in Cambodia. The paper would also provide some suggestion to the challenges on regulatory and business conditions for SMEs. The paper is based on information from documentary research and in-depth interview from experts in Cambodia. The paper is divided into four parts. The first part discusses overview of economic condition and SMEs in Cambodia. The second part focuses on current regulatory and business environments for SMEs. The third part explores potential regulatory and business challenges for SMEs in Cambodia. The last part provides conclusion and recommendation regarding to SMEs development in Cambodia.

Keywords: Small and Medium Enterprises; Regulation; Business Condition; Cambodia

Australian Academy of Business and Economics Review, vol 4, issue 4, October 2018, pp 234-241

Issue

Vol. 4 No. 4 (2018)

Section

Articles

This work is licensed under a Creative Commons Attribution 4.0 International License.

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Editorial Team

Editor-in-Chief

Professor Francisco Coronel, Hampton University, Virginia, USA

Editorial Board Members

Dr. Wan Norhayate Bt. Wan Daud, Universiti Sultan Zainal Abidin (UniSZA), Malaysia
Dr Kasim Mansur, Universiti Malaysia Sabah, Malaysia
Dr S. Fiona Chan, Massey University, New Zealand
Dr Fiona Edgar, University of Otago, New Zealand
Dr Nighat Ansari, University of the Punjab, Pakistan
Dr Nirmala Dorasamy, Durban University of Technology, South Africa
Dr William W. Kirkley, Massey University, New Zealand
Dr Ivy Chia, Lecturer of Business, SIM University, Singapore
Dr James Henry, University of Otago, NewZaland
Dr Yuan Yuan Hu, Massey University, New Zealand

Editorial Advisory Board

Dr. Andrew Banasiewicz, Merrimack College, USA
Dr. Mahadzirah Mohamad, Professor of Marketing, University of Sultan Zainal Abidin (UniSZA), Malaysia
Professor Moha Abdullah, International Islamic University of Malaysia, Kuala Lumpur, Malaysia
Dr Xiaoming Li, Associate Professor of Economics, Massey University, New Zealand
Professor Dr Wei-Bin Zhang, Professor of Economics, College of Asia Pacific Management, Ritsumeikan Asia Pacific University, Japan

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