Business Registrations Up 34% This Year
The number of businesses that registered at the Ministry of Commerce during the first seven months of this year increased 34 percent compared to the same period last year, according to ministry figures released yesterday. According to the data, in the first seven months of 2011, a total of 1,821 businesses registered with the ministry, up from 1,358 the year before. Nguon Meng Tech, director general of the Phnom Penh Chamber of Commerce, said an improved business climate has given foreign investors more incentive to state a business here.
