​KPMG up 17.5 pc in Cambodia operations | Phnom Penh Post

KPMG up 17.5 pc in Cambodia operations

Business

Publication date
22 December 2009 | 08:01 ICT

Reporter : Ellie Dyer

More Topic

A student takes a computer class at CIST in Phnom Penh. Vincent Drouillard, the director of the centre, says that Cambodia should focus on developing its IT sector as an integral part of the economy.

GLOBAL accountancy firm KPMG recorded 17.5 percent revenue growth for its Cambodia and Vietnam operations this fiscal year, making Asia-Pacific its strongest-performing region.

KPMG’s Phnom Penh, Ho Chi Minh City and Hanoi offices defied global trends to expand in the year ending September 30 as global company revenues tumbled an annualised 11.4 percent, according to a press release Sunday.

“The results reflect the resilience and expanding opportunities among developing markets, particularly in Asia,” Timothy P Flynn, chairman of KPMG International, said.

The Asia-Pacific region was the Swiss multinational’s best performer, with member firms achieving combined revenues of US$3.07 billion, the statement said.

Cambodian revenues were not given, and KPMG’s Phnom Penh office declined to comment Monday. An unnamed female worker cited company confidentiality, adding that details would first have to be approved by the country head, who was away.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]