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Cambodia's tax revenues up 17 pct in 11 months

Cambodia’s General Department of Taxation had collected 800 million U.S. dollars of taxes in the first 11 months of the year, a 17 percent rise compared with the same period last year, a press release said Wednesday. The revenues came from tax on profit, withholding tax, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131204/cambodias-tax-revenues-17-pct-11-months

Ministry approves computer budget for schools

The Finance Ministry has approved a budget for the Education, Youth and Sport Ministry to spend on computers and printers for public schools. Finance Minister Aun Pornoniroth in a letter on Friday said the budget is to facilitate a part of the Education Ministry’s reform ...

Pech Sotheary
https://www.khmertimeskh.com/50572826/ministry-approves-computer-budget-for-schools/

S. Korea provides USD 56 million loan for road projects

South Korea has granted Cambodia USD 56.1 million loan for restoration of National Road number two from Kandal’s Takmao town to Daun Keo town, and National Road number 22 from Ou Chambork to Ang Tasourm. ...

The Cambodia Herald​ News Staff
http://thecambodiaherald.com/cambodia/s-korea-provides-usd-56-million-loan-for-road-projects-8188

Finance ministry sets forth rough plans for 2016 budget

The Ministry of Finance unveiled its strategic plan for next year’s budget during a forum Tuesday at the ministry in Phnom Penh, placing a focus on increasing state revenue, ramping up industrial productivity and spreading the benefits of economic expansion. ...

Kang Sothear
https://www.cambodiadaily.com/news/finance-ministry-sets-forth-rough-plans-for-2016-budget-81622/

Minister confirms purchase of shares in China-led Development Bank

The government will spend $62.3 million to buy 623 shares of the China-led Asian Infrastructure Investment Bank (AIIB), paving the way for it to obtain funds from the bank for infrastructure development, Minister of Economy and Finance Aun Porn Moniroth confirmed during a meeting at ...

May Kunmakara
http://www.khmertimeskh.com/news/19054/minister-confirms-purchase-of-shares-in-china-led-development-bank/

Minister of Economy and Finance talks 2016 budget

The National Assembly passed the government’s $4.3 billion budget for 2016 this week, which includes a plan to take on nearly $1 billion in foreign debt. The Post’s Siv Meng sat down with Aun Porn Moniroth, Minister of Economy and Finance, to discuss the revenue ...

Siv Meng
http://www.phnompenhpost.com/business/minister-economy-and-finance-talks-2016-budget

MEF sets target for tax revenue

The Cambodian government is aiming to increase its revenue collection to $3.78 billion for 2015, on the back of strong tax and customs income. A directive signed by Monaster of Economy and Finance Aun Porn Moniroth on Monday says $2.75 billion will be collected via current ...

Hor Kimsay
http://www.phnompenhpost.com/mef-sets-target-tax-revenue

Over 300 birds dead in early March heatwave

More than 300 birds have died at the Tuol Porn Taley Boeung Sne conservation area in Prey Veng province since early March as a result of the hot weather, an area official has said, noting that conservation community members have been burying them to prevent ...

Lay Samean
https://www.phnompenhpost.com/national/over-300-birds-dead-early-march-heatwave

SECC cuts transaction fees for derivative trades

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Hor Kimsay
http://www.phnompenhpost.com/business/secc-cuts-transaction-fees-derivative-trades

Officials probe death of wild birds at Prey Veng sanctuary

Experts from the Prey Veng provincial Department of Environment are searching for and collecting dead wild birds in the Tuol Porn Taley Boeung Sne conservation area to determine the cause of death after villagers and local authorities reported that hundreds of birds had died for ...

Khouth Sophak Chakrya
https://www.phnompenhpost.com/national/officials-probe-death-wild-birds-prey-veng-sanctuary

Illegal timber to become school buildings

Cambodia’s schoolchildren could soon attend class in unusually luxurious buildings if Prime Minister Hun Sen has his way. Yesterday the premier granted the government’s entire stockpile of illegally-felled timber – some of which is highly sought after rosewood – to the Ministry of Education to ...

Ven Rathavong and Taing Vida
http://www.khmertimeskh.com/news/23489/illegal-timber-to-become-school-buildings/

Cambodia hosting valuers congress

Cambodia is hosting the two-day 19th ASEAN Valuers Association (AVA) Congress, the first time it has been held in the Kingdom. ...

Sum Manet
http://www.khmertimeskh.com/news/24665/cambodia-hosting-valuers-congress/

France fronts $359 million

The French Agency for Development (AFD) has pledged $359 million in grants and loans to Cambodia over the next three years, state news agency AKP reported Friday. ...

Kevin Ponniah
http://www.phnompenhpost.com/national/france-fronts-359-million

Cambodia weighs oil stockpile as global price nosedives: PM

Cambodian Prime Minister Hun Sen said Tuesday that the government is studying the possibility to purchase petroleum for a stockpile as global oil price is going down. ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/2015-02/10/c_133983437.htm

For ‘police’ vehicles, no tax, no problem

Prime Minister Hun Sen has quashed an attempt by the Ministry of Finance to collect back taxes owed on 470 police vehicles, granting them tax-exempt status after a request from the Ministry of Interior. The request, dated September 8, was approved on Tuesday. ...

Mech Dara and Andrew Nachemson
http://www.phnompenhpost.com/national/police-vehicles-no-tax-no-problem

Cambodian PM heads for Japan, 4 deals planned to be inked

Cambodian Prime Minister Hun Sen left here on Thursday for a week-long visit to Japan and the two countries are expected to sign four deals including defense cooperation, a senior official said. One of them is the memorandum on defense cooperation and exchanges between the two ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/cambodian-pm-heads-japan-4-deals-planned-be-inked

New online taxation system makes its debut

All tax registration and payments by companies has been centralized and the process streamlined this week by the General Department of Taxation (GDT), which also unveiled an online registration and payment system for companies here.  ...

Sok Chan
http://www.khmertimeskh.com/news/16626/new-online-taxation-system-makes-its-debut/

China provides 33 mln USD in free-interest loan to Cambodia for development projects

The Chinese government on Thursday signed up to provide a free-interest loan of 200 million Renminbi (33 million U.S. dollars) to Cambodia for social and economic development projects. The agreement was inked between Chinese Ambassador to Cambodia Bu Jianguo and Cambodian Finance Minister Aun Porn Moniroth ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2013-11/14/c_132888622.htm

National Assembly’s Finance Committee Approves 2014 Budget

The National Assembly’s CPP-run finance committee approved the country’s $3.54 billion draft budget for 2014 Wednesday, its last hurdle before debate and a possible vote can be held by the full Assembly, where the opposition is still refusing to take nearly half the seats. “After the ...

Kuch Naren and Hul Reaksmey
http://www.cambodiadaily.com/news/national-assemblys-finance-committee-approves-2014-budget-46714/

Police asked to pay vehicle tax

The owners of vehicles sporting police number plates must pay vehicle taxes by the end of the month or face having their vehicles impounded, according to the Ministry of Economy and Finance. In a letter to Interior Minister Sar Kheng, Economy and Finance Minister Aun Ponmoniroth ...

Pech sotheary
http://www.khmertimeskh.com/news/29374/police-asked-to--pay-vehicle-tax/

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