June 15, 2021 – Page 5 – Cambodia News Gazette

Foreign arrivals to Cambodia dropped by 92.9 percent in the four months this year to only 82,839, according to a report from the Ministry of Tourism.
From January to April, Thai tourists, 41,794 to be exact, topped Camboodia’s tourism market list, accounting 50 percent of the total foreign tourists during the period, pointed out the report issued on Tuesday.
Chinese and Vietnamese tourists were ranked second and third with 25,986 and 4,814, respectively, it underlined.
Phnom Penh International Airport handled 38,346 passengers as tourists, a 94.3 percent drop, the report stated.
COVID-19 pandemic is the main factor drying off tourists in Cambodia. However, the Ministry of Tourism and Ministry of Health have been working on a scheme to allow vaccinated tourists to visit Cambodia in the fourth quarter of this year.
Meanwhile, Cambodian outbound tourists were registered at 6,969, a year-on-year decrease of 97.9 percent.
Last year, Cambodia received only 1.31 million foreign tourists, showing a fall of 80 percent compared to 2019.

Source: Agency Kampuchea Press

State-run Online Business Registration has registered 6,164 businesses with a total investment capital of US$2,631 million, as it marked the one-year anniversary of its official launching on June 15.
A total of 6,974 businesses have been applied through the Online Business Registration during the year, and 6,164 of which have been approved, according to a press release from the Ministry of Economy and Finance issued on June 15.
Some 810 other applications are in the stage of approving, stated the same source.
Breaking down by sector, business registration on auto export-import and auto repairs accounted for 38.11 percent of the total business applications, followed by real estate sector (10.29 percent), manufacturing (8.53 percent), accommodation and food sector (8.47 percent), vocational, science, and technical activities (7.06 percent), and other sectors (27.55 percent).

In terms of investment amount by sector, construction sector represented 27.27 percent, while real estate sector 15.52 percent, auto export-import and auto repairs 15.40 percent, manufacturing 13.75 percent, financial and insurance 8.94 percent, and other sectors 19.12 percent.
The Online Business Registration system was launched to facilitate and encourage business registration for all companies, especially to support the companies that aim to register and to access credit from the government’s special fund.
New businesses can register on the packet information system at www.registrationservices.gov.kh thus, business and tax certificates as well as all other documents will be provided and received in digital form. Through this platform, complex procedures, repetitive information, time and cost incurred under the old process will be minimised.
All will be automatically shared with the information systems of relevant ministries and institutions for review and approval.

Source: Agency Kampuchea Press

Day: June 15, 2021

Cambodia Receives only 82,839 Foreign Visitors in First Four Months

Over 6,000 Businesses with total US$2.6 Billion Investment Registered via Online Business Registration