NEW businesses registering at the Ministry of Commerce increased 43 percent this year to the end of May over the first five months last year, according to figures from the Ministry’s Business Registration Department obtained Monday. Approximately 1,310 new businesses had registered as of May 30, compared with 914 in the same period last year. The surge was driven by foreign entrants from Vietnam, China, Korea and Malaysia, as well as some European nations, a Ministry of Commerce official said. “The new entrants are mostly investing in agriculture, construction and extractive industries,” he added, requesting anonymity. Some 565 foreign firms registered in the first five months, an 87 percent increase over 302 international entrants in the same period last year. New domestic firms climbed 22 percent year on year, with 746 domestic firms registering during this year to May 30.
Business registrations up 43pc over past year
- The hairy little heroes saving many lives in rural Cambodia
IN RURAL Siem Reap province, rats dare to tread where no person will, as these hairy little heroes place their lives on the line each day for the good of the local community. The rodents are the most important members of a special team, leading
- Hun Sen’s China visit ‘a good opportunity’
Prime Minister Hun Sen’s visit to Beijing on Sunday to discuss economic and trade issues presents a good opportunity for the Kingdom to strengthen Chinese ties and counter punitive measures by the West, an analyst says. The prime minister’s four-day official visit to
- Former chief bodyguard receives royal pardon
The former chief bodyguard of late Senate president Chea Sim has received a royal pardon nearly eight years after he was sentenced to 15 years behind bars on several charges, according to a royal decree dated November 12, last year, and obtained by The Post on Wednesday.
- PM warns EU and opposition on 34th anniversary of his rule
HUN Sen reached the milestone of 34 years as Cambodian prime minister on Monday and used the groundbreaking ceremony for a new ring road around Phnom Penh to tell the international community that putting sanctions on the Kingdom meant killing the opposition. “Please don’t forget