PHNOM PENH, Feb. 4 (Xinhua) -- The number of businesses that opened in 2008 declined after years of steady growth, Cambodian national media reported Wednesday.
In 2008, 2,744 new businesses registered with the Commerce Ministry, compared to 2,826 new openings in 2007, the Cambodia Daily newspaper said, citing data from the ministry.
Overall in the period from 1988 to Jan. 30 of this year, 18,910 businesses opened and 1,561 closed, according to the data.
In the first month of 2009, only 159 new businesses registered with the ministry, which puts Cambodia on pace to register only about 1,850 new businesses this year, nearly 30 percent down than that of last year.
In 2008, 2,744 new businesses registered with the Commerce Ministry, compared to 2,826 new openings in 2007, the Cambodia Daily newspaper said, citing data from the ministry.
Overall in the period from 1988 to Jan. 30 of this year, 18,910 businesses opened and 1,561 closed, according to the data.
In the first month of 2009, only 159 new businesses registered with the ministry, which puts Cambodia on pace to register only about 1,850 new businesses this year, nearly 30 percent down than that of last year.
6 comments:
No surprise, this is how Ah Scam Rainxy make Khmer people suffering for political gain. He always threat everyone for starting business in Cambodia. And the more people is jobless, the more votes he'll get.
There is NO such a thing as an economic crisis in Cambodia. Under Hun Sen's head-down-first leadership, business of all sectiors are booming sky-high; it's growing so fast beyond one can imagine.
Don't be fooled by KI bullshitting machine. It's a decline in growth. That means you're still going forward just at a lower pace. It's normal economic trends to have slow and fast growth. As long as it's growth, we're good. An analogy of this would be last year, we were going 60 mph and this year, we'll go 50 or 55 mph. We're NOT going backward. This site likes to manipulate words so people who don't know the subject fully get fooled by this political site. This KI site just likes to scare people with things they don't understand fully. You can make anything sound scary, can't you, Mr. accountant, financial banker over here in the US and over in Australia?
Learn to promote the growth and advance of Cambodia for once, if you want to call yourself Khmer. I'm proud of how far Cambodia has come since the Pol Pot's era. Those of you who disagree obviously live in a world of political manipulation and never gone to see the growing Cambodia that I just saw when I was there this past January.
12:51 you stupid brain have less eye than Ah kwack Hun Xen! Can you look around Phnom Penh pass the fucking a few lexus drow by ah Choymaray CPP!!!!
12:51PM if you say what you see and fell may god bless you with more brain to think!
If you lie, may lightning strike you soon!!!!
True, but potato diggers don't know what they say or feel. All they do is echoing their westerner masters' saying and feeling like a parrot.
Post a Comment