1,528 new businesses opened in Cambodia in first half, up 37.6 pct: commerce data

PHNOM PENH, Aug. 7 (Xinhua) -- Cambodia has seen a 37.6 percent increase in new business registration in the first half of this year, compared with the same period last year, according to the data obtained from the Ministry of Commerce on Sunday.
   Some 1,528 new companies have opened in Cambodia from January to June this year, up 37.6 percent from 1,110 companies at the same period last year, showed the data.
   Global economic recovery and better business environment in the country have been attributed to the increase.
   Most companies have been opened by Chinese, South Korean, Vietnamese, Malaysian, Thai and local businesspeople.
   The foreign firms are mostly dealing with the businesses of garment, agriculture, agro-industry, tourism, transport services, IT and mining.
   In 2010, the Ministry had issued license to 2,572 new businesses, up from 2,003 in 2009 - a rise of 28 percent.