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Postal service revenue up

Postal service revenue up

Operating revenue at the partly state-owned mail service, Cambodia Post (CP), rose more than 10 per cent last year compared to 2012, according to a senior government official.

Ork Bora, CP’s general director, said that revenue reached $4.56 million, an increase of 12.54 per cent from the previous year. The increase was driven by package services and money transfers.

“One important thing is that we are trying to build customer confidence, because they can use our track and trace system online so they can see where their products are,” he said, referring to a tracking service for packages on the Cambodia Post website.

He added that economic growth, flow of foreign direct investment, a widening tourism base and higher numbers of Cambodians going to live and work abroad also contributed to the hike in revenue. Most products are shipped from and to Korea, France, USA, Malaysia and Thailand.

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