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Business trends

Cambodia rolls out online business registration to slash red tape

New system promises to cut time needed to start a company to just 8 days

Cambodia has consistently scored low on rankings of ease of doing business. The government hopes a new online system will help change that.

PHNOM PENH -- Cambodia has launched a new online business registration system that it says will reduce the time to start a company from three months to eight days.

Unveiled on Monday, the digital service -- available at registrationservices.gov.kh -- promises to improve the country's bureaucracy, which regularly receives dismal ratings for inefficiency and corruption.

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