Cambodia, development partners join hands to boost e-commerce as COVID-19 forces businesses to go online

Cambodia’s Ministry of Commerce (MoC), the United Nations Development Program (UNDP), and the Enhanced Integrated Framework (EIF) have joined hands to boost online commerce as the COVID-19 pandemic has forced more businesses to move online, said a joint press statement on Monday.

Some 125 small and medium-sized enterprises (SMEs) are set to gain grants and training in online commerce through a joint investment of 500,000 U.S. dollars, the statement said.

The funds will fuel an innovative six-month incubation and training initiative and small grants program to help SMEs move online, sell online, and, for some, sell to overseas customers through a new online marketplace being developed by the MoC, it said.

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