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)