Online business registrations surge in Cambodia

The Single Portal can be accessed at registrationservices.gov.kh. - PPP

PHNOM PENH (The Phnom Penh Post/Asia News Network): The total capital of 28,618 companies registered in the online business registration system jumped to $8.4 billion as of Aug 27, compared to 20,693 companies with a total capital of $5.8 billion at the start of 2023.

The data showed that companies involved in business and construction represented the largest segment at 12.8 per cent of registered entities with $1.08 billion capital in total, followed by hotels and restaurants with $942 million capital (11.2 per cent), real estate with $924 million capital (11 per cent), management consulting ($482 million; 5.7 per cent) and garment manufacturing (excluding fur skins garments) with $436 million capital (5.2 per cent).