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Cambodia: Business registration skyrockets in 2018

The number of businesses that registered with the Ministry of Commerce during the first 11 months of the year more than doubled compared to 2017, with a total of 14,552 companies formalising. The ministry reported that, from January to November, business registration increased by 138 percent compared to the same period last year. The number […]

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Cambodia: Sharp decrease in approved construction projects

The Ministry of Land Management this week reported a 19 percent drop in the number of approved construction projects for 2018, with only 2,867 projects being greenlighted, compared to 3,052 last year. Total investment in construction projects this year totalled $5.2 billion, down from 2019’s $6.4 billion. Local real estate experts, however, are not worried […]

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Cambodia: Experts call for faster, cheaper business registration process

To encourage more young people to become entrepreneurs, the government must prioritise improving the process of starting and registering a business, reducing capital requirements, and expanding access to finance, experts said last week. Speaking at the Central Bank’s ‘Macroeconomic Conference on Broadening Sources of Cambodia’s Growth’, held Friday at the Cambodia-Japan Cooperation Center in Phnom […]

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