Quick Summary: Wing Bank Pledges $500 Million to Strengthen Cambodias Smes
On July 23, the ILO highlighted that 60% of employees and 95% of self-employed workers in Cambodia operate informally, posing a structural barrier for SMEs. Cambodia’s 753,000 MSMEs employ nearly 3 million people, contributing 63% of GDP, with women making up 60% of the workforce. Wing Bank committed USD 500 million in loans to boost SME competitiveness, including USD 10…
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