Local businesses lead surge in registrations

Local businesses lead surge in registrations

The Ministry of Commerce received more than 2,100 new business registrations in the first half of the year, surpassing the 2,020 registrations received at the halfway mark of 2014.

Some 1,280 were local firms, while more than 880 were foreign registrations.

The ministry was unable to provide details as to the sectors in which business were looking to invest, but international registrations were received from China, South Korea, Japan, Singapore, Malaysia, Hong Kong, according to ministry spokesperson Ken Ratha.

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