Source: Xinhua
New businesses registered with the Cambodian Ministry of Commerce increased by 18 percent in the first two months of 2010 compared to the same period of last year, local media reported on Friday, citing the statistics released from the ministry.
Official data, released by the ministry's Business Registration Department, stated that 338 enterprises and companies were granted licences in January and February this year.
This compares to 286 firms registered during the same two months of last year, and represents a tax revenue increase of 5, 200 U.S. dollars for the government given that registration rates have remained unchanged.
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