New Businesses Increase In First Nine Months
A total of 2,606 new businesses were registered in Cambodia during the first nine months of the year, an increase of 11.6 percent compared to the same period last year, data released yesterday by the Ministry of Commerce shows. According to the figures, the ministry approved 306 new businesses in the month of September alone, a rise from just 217 firms during the same month in 2011. Kong Putheara, director of the ministry’s statistics department, said that most of the new businesses setting up were in the garments, construction and trade sectors. …
