Last Year Saw More New Firms Register
Almost 3,400 new businesses were registered in Cambodia in 2012, an increase of 9 percent on the previous year, according to figures from the Ministry of Commerce. In 2012, the ministry’s business registration department recorded some 3,385 new companies, compared with 3,104 new companies in 2011, the figures released by the ministry last week show. The business registration department’s director, Him Hean, said about 60 percent of companies were local firms, and 40 percent were companies set up in Cambodia by foreign investors. …
