Polls scaring off new business: ministry

The number of new businesses registering in Cambodia slid 20 per cent in the first half of this year compared with the same time in 2012 as investors fret over putting money into the economy during a potentially instable election year, a senior official said. Data from the Ministry of Commerce shows that a total of 1,368 new businesses registered from January until the end of June this year, as opposed to 1,694 in the first six months of last year. Of the total, foreign registrations dipped by about 19 per cent to 659, and new local businesses declined by roughly the same amount to 711. …

http://www.phnompenhpost.com/business/polls-scaring-new-business-ministry