Cambodia launches US$200mil guarantee scheme to support businesses during pandemic as govt confirms 11th Covid-19 death

A woman has her sample taken for Covid-19 testing in Phnom Penh. - The Phnom Penh Post/ANN

PHNOM PENH, March 29 (Xinhua): State-owned Credit Guarantee Corporation of Cambodia (CGCC) on Monday launched a US$200 million Business Recovery Guarantee Scheme (BRGS), aiming to support businesses during the Covid-19 pandemic.

The BRGS was designed to support businesses including micro, small and medium enterprises, and large firms to enhance their access to formal loans from Participating Financial Institutions (PFIs) for working capital, investment, and business expansion, said a CGCC's press statement.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Reshaping the discourse on heritage
State of emergency declared
Weather bureau warns of another election heatwave
From seafood deliveryman to fish expert
50 killed in western flash floods
New Covid-19 wave hits
Growing danger as deminers find three landmines on tree
F-16 jets to resume flights after crash
Forty Thai senators seek PM’s dismissal over cabinet appointment
North Korea confirms launch

Others Also Read