Credit bureau launches after delays
The Credit Bureau of Cambodia officially commenced operations at its Phnom Penh headquarters on Monday, according to CBC spokesman Steve Vaile ...
Provincial top cops on notice following crime wave
Interior Minister Sar Kheng yesterday took aim at the police chiefs of Battambang, Kandal and Pursat provinces, warning that they should be prepared to lose their titles if they fail to crack down on a recent crime wave.Kheng said the three police chiefs needed to ...
Pech Sotheary
http://www.phnompenhpost.com/national/provincial-top-cops-notice-following-crime-wave
Regulator gears up for mobile pricing showdown
Cambodia’s telecommunications regulator yesterday stepped up efforts to avert a brewing price war between the country’s six mobile network operators, ordering the companies to submit profitability statements within the next 10 days and summoning all operators to a meeting at the end of the month ...
Kali Kotoski
http://www.phnompenhpost.com/business/regulator-gears-mobile-pricing-showdown
IMF urges closer cooperation between statistics agencies in Cambodia
The International Monetary Fund (IMF) says closer cooperation between statistics-producing agencies in Cambodia is “essential” to improve the quality of macroeconomic statistics. ...
Sao Da/AKP
https://www.khmertimeskh.com/50778524/imf-urges-closer-cooperation-between-statistics-agencies-in-cambodia/
New digital platforms to ease tax collection and management
The General Department of Taxation (GDT) has organised an official signing ceremony of the letter of User Acceptance Testing (UAT), and launched the trial of a Data and Information Sharing Automatic System, according to a recent GDT’s press release. ...
Lim Nary/AKP
https://www.khmertimeskh.com/50787198/new-digital-platforms-to-ease-tax-collection-and-management/
Cambodia Chamber of Commerce plans Europe, US offices to boost trade
Cambodia Chamber of Commerce (CCC) is forging on with plans to open representative offices in Europe and the US next year in a bid to shore up trade and draw in more investment, its vice-president Lim Heng told The Post on Wednesday. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-chamber-commerce-plans-europe-us-offices-boost-trade
CCC, securities regulator call for firms to list on bourse
The Cambodia Chamber of Commerce (CCC) and the Securities and Exchange Commission of Cambodia (SECC) on Tuesday called on local companies to list on the Cambodia Securities Exchange (CSX). ...
Thou Vireak
https://www.phnompenhpost.com/business/ccc-securities-regulator-call-firms-list-bourse
Cambodia collected $1.6 billion in tax revenue
The General Department of Taxation (GDT) collected 6,820.48 billion Riel (approximately $1,684 million) in tax revenue in the first semester of this year, a 12 percent increase compared to the same period last year. ...
Chea Vannak
https://www.khmertimeskh.com/50744480/cambodia-collected-1-6-billion-in-tax-revenue/
Cambodia collects $2.95 billion as fiscal revenue in first half of 2020
The Royal Government of Cambodia collected $2,956 billion as revenue from all sources of taxes, a slight decrease of 0.7 percent compared to the same period last year. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50746069/cambodia-collects-2-95-billion-as-fiscal-revenue-in-first-half-of-2020/
Tax collection ‘strong’
The government’s tax collection remains strong even during the COVID-19 pandemic, reaching more than $2.25 billion in the first nine months of this year, according to a report by the General Department of Taxation (GDT). ...
Sorn Sarath
https://www.khmertimeskh.com/50772989/tax-collection-strong/
GDT terminates the E-VAT Refund System
General Department of Taxation (GDT) has announced to the taxpayers that it has terminated the electronic value added tax refund system (E-VAT Refund System), replacing it with the electronic filing system (E-Filing System), according to the GDT’s announcement. ...
Sok Chan
https://www.khmertimeskh.com/50792276/gdt-terminates-the-e-vat-refund-system/
UK grants GSP status to Cambodia effective 2021
Cambodia’s exports see new light with the granted duty-free and quota-free access to the markets in the United Kingdom, commencing 2021. Sok Sopheak, Secretary of State at the Ministry of Commerce shared that Cambodia will discuss with the UK counterpart on the import and export ...
Lim Nary/AKP
https://www.khmertimeskh.com/50791084/uk-grants-gsp-status-to-cambodia-effective-2021/
Despite COVID-19 pandemic, Cambodia’s tax revenue continues to rise, touching $5.3 billion
The Royal Government of Cambodia collected $5.3 billion as tax and customs revenues in 2020, although the Kingdom’s economy is being hit by the COVID-19 crisis. ...
Chea Vannak/AKP
https://www.khmertimeskh.com/50798745/despite-covid-19-pandemic-cambodias-tax-revenue-continues-to-rise-touching-5-3-billion/
Tariffs anew for exports to US as GSP lapses
Cambodian importers and buyers of the Kingdom’s travel goods to the US are now required to pay import duties as the latter’s Generalised System of Preferences (GSP) preferential tariff system expired on December 31 and is awaiting renewal by Congress. ...
May Kunmakara
https://www.phnompenhpost.com/business/tariffs-anew-exports-us-gsp-lapses
Tax inspections on vehicles to begin in early February
Tax officials in collaboration with sub-national authorities will begin tax inspections on all means of transportation and vehicles for 2020 throughout the country by early next month. ...
Mom Kunthear
https://www.phnompenhpost.com/national/tax-inspections-vehicles-begin-early-february
Tax collection near $3B in 2020
The Minister of Economy and Finance’s General Department of Taxation (GDT) collected 11.70052 trillion riel ($2.87 billion) in tax revenue last year, up 423.20 billion riel or 3.73 per cent compared to 2019, it said in a January 11 press release. ...
Hin Pisei
https://www.phnompenhpost.com/business/tax-collection-near-3b-2020
Property tax app: Convenience, transparency and efficiencies
The General Department of Taxation (GDT) has announced that payment of property tax is now possible via mobile phone through the “GDT Taxpayer App”. The announcement was issued on March 11 and signed by Kong Vibol, minister attached to the Prime Minister and director-general of ...
Sok Chan
https://www.khmertimeskh.com/50824752/property-tax-app-convenience-transparency-and-efficiencies/
GDT firm on March 31 tax deadline
General Department of Taxation (GDT) director-general Kong Vibol refused to budge on a March 31 deadline to file tax on income (ToI) for fiscal year 2020 despite the economic pressure on the business community caused by the Covid-19 pandemic. ...
May Kunmakara
https://www.phnompenhpost.com/business/gdt-firm-march-31-tax-deadline
Taxpayers still able pay online during lockdown
The General Department of Taxation (GDT) has advised taxpayers and tax service agencies located in lockdown-restricted areas to electronically file income tax returns and avoid the risk of spreading the novel coronavirus. ...
Hin Pisei
https://www.phnompenhpost.com/business/taxpayers-still-able-pay-online-during-lockdown
Cambodia Post Bank authorised to collect taxes
Cambodia Post Bank Plc achieved another significant milestone on Monday after the General Department of Taxation of Cambodia allowed the financial institution to collect taxes. ...
Post Staff
https://www.phnompenhpost.com/business/cambodia-post-bank-authorised-collect-taxes