Logo of Phnom Penh Post newspaper Phnom Penh Post - Local businesses lead surge in registrations

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.

MOST VIEWED

  • Mysterious century-old structure found at bottom of Angkor pond

    The Apsara National Authority (ANA) has discovered a mysterious 1,000-year-old structure of a wooden building at the bottom of a pond after the Angkor Wat temple’s conservation team completed restoring its northern cave. The deputy director at ANA’s Angkor International Research and Documentation

  • Cellcard announces Cambodia’s first use of 5G to help Kingdom during Covid-19

    Cellcard on Friday announced Cambodia’s first use of 5G for a telemedicine service at four locations across Phnom Penh to help the Kingdom’s most critically ill during the Covid-19 outbreak. Cellcard, which is the only 100 per cent Cambodian-owned and "Proudly Khmer" mobile network

  • Former CNRP activist nabbed for offering online English classes

    Authorities detained a high school teacher in Kampong Chhnang province on Thursday after he was caught conducting online classes despite the fact that schools had been ordered to close temporarily to prevent Covid-19 infections. Keo Thai teaches at Boribo High School in Kampong Chhnang and

  • Health ministry warns against using virus-testing machines

    The Ministry of Health has threatened legal action against anyone who publicised their test results after using COVID-19 rapid testing machines. The ministry said such machines were not even approved or recognised for use by the World Health Organisation (WHO). It said test the results

  • National Assembly approves two coal-fired power plants

    The National Assembly (NA) unanimously approved draft laws paving the way for the construction of two coal-fired power plants worth $1.665 billion to supply 100 per cent of electricity required in the Kingdom by 2025. An NA member said at the session that the plants will be located

  • The good and bad of credit growth

    In the last 10 years, the property and construction sectors have propelled Cambodia’s economy. But rising borrowings threaten to dampen its future unless something is done soon They say all good things must come to an end, perhaps not “the” end. A slowdown in real