Revenues up at mail service, but not locally
Revenue at the Cambodia Post (CP), the country’s mail service provider, rose nearly $2 million in the first half of this year, a 10 per cent increase compared to the same period in 2012. But the service still handles mostly international shipments, and is failing to make a dent domestically.
Ork Bora, CP’s general director, attributed the revenue to an increase in foreign direct investment and a surge in tourism. …
The raise, however, was almost entirely driven by volume between Cambodia and its neighbours. Bora said that most Cambodian workers outside of the country in South Korea, Malaysia and Thailand use CP to send money or products home, while families send back goods. …
http://www.phnompenhpost.com/business/revenues-mail-service-not-locally
