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Ministry revamps self-assessment tax regime classifications

The Ministry of Economy and Finance has issued a prakas (directive) for the classification of taxpayers doing business in the Kingdom currently under the existing self-assessment regime. ...

Sok Chan
https://www.khmertimeskh.com/50804495/ministry-revamps-self-assessment-tax-regime-classifications/

Four regional airports on shelf courtesy of pandemic

Plans to build new international airports have been put on hold as the Coronavirus pandemic continues to keep tourists and business travelers from visiting the Kingdom.​ ...

Michael Firn
https://www.khmertimeskh.com/50898872/four-regional-airports-on-shelf-courtesy-of-pandemic/

Kingdom probes ACFTA for gains

Cambodia is committed to harnessing the potential of the ASEAN-China Free Trade Agreement (ACFTA) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. ...

Thou Vireak
https://phnompenhpost.com/business/kingdom-probes-acfta-gains

Kingdom probes ACFTA for gains

Cambodia is committed to harnessing the potential of the ASEAN-China Free Trade Agreement (ACFTA) to maximise economic benefits and implement structural reforms that promote, encourage and facilitate trade, investment and business. ...

Thou Vireak
https://phnompenhpost.com/business/kingdom-probes-acfta-gains

Government continues recovery measures against COVID-19 impacts

The Royal Government continues measures to mitigate the socio-economic fallouts of the COVID-19 pandemic and to support businesses to get back on track for the recovery stage. ...

Khmer Times Staff
https://www.khmertimeskh.com/50961812/government-continues-recovery-measures-against-covid-19-impacts/

National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held

The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...

Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/

Cambodia tourism roadshow held in Philippines

With a more lenient COVID-19 safety and healthy protocols, Sok Sangvar, Under Secretary of State and Representative of Dr. Thong Khon, Minister of Tourism, underscored Cambodia’s recovery platform program as the country opens its door to international tourists for leisure or even for business. ...

Khmer Times Staff
https://www.khmertimeskh.com/501073255/cambodia-tourism-roadshow-held-in-philippines/

Tax measures to back recovery of tourism

The government is taking more tax initiatives to support the recovery of tourism sector  in addition to measures aimed at controlling Covid-19 pandemic and helping the most severely affected businesses in the country even though the number of tourists is increasing, according to a statement ...

Kang Sothear
https://www.khmertimeskh.com/501114202/tax-measures-to-back-recovery-of-tourism/

Cambodia records 753,670 economic entities: census

Cambodia has 753,670 business establishments, providing jobs to 2.98 million people, according to the official results of the 2022 Economic Census released here on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501413721/cambodia-records-753670-economic-entities-census/

Growth at risk from ‘turmoil’

Cambodia’s Minister of Commerce and long-time ruling party stalwart Cham Prasidh said yesterday that post-election demonstrations could prevent growth and even result in small-scale looting. “If they want to destroy the economy, they have to protest more and more in order to destroy,” he said. Speaking ...

http://www.phnompenhpost.com/business/growth-risk-%E2%80%98turmoil%E2%80%99

Cambodia Tourism Industry Fears Fallout From Election Uncertainty

Enterprises in Cambodia’s biggest tourism hub have called on Prime Minister Hun Sen and opposition leader Sam Rainsy to quickly resolve a festering election dispute that they say is threatening business prospects as tensions rise ahead of mass opposition protests next week. Travel companies ...

Radio Free Asia Staff
http://www.rfa.org/english/news/cambodia/tourism-08302013144408.html

Petrol prices squeeze domestic consumers

Soaring prices for gasoline and goods have hurt some Cambodian consumers, causing what economists have said was a drop in the living standard of the Kingdom’s lower-income population. Gasoline traded at 5,300 riel per litre in Phnom Penh yesterday, an increase of about  12 percent ...

http://www.phnompenhpost.com/index.php/2011080350825/Business/petrol-prices-squeeze-domestic-consumers.html

Gas prices at all-time high

Gasoline prices in Cambodia hit an all-time high on Friday, stoking fears of limited fuel reserves and increasing production costs at some of the Kingdom’s businesses. Premium gasoline sold for $1.40 per litre last week, surpassing the $1.38-per-litre price during the global economic slump at the ...

http://www.phnompenhpost.com

Seoul looks abroad for farmland

The South Korean government is looking to procure farmland aboard, approximately 380,000 hectares by the year 2018. The government is providing assistance to companies that lease arable land or buy stakes in overseas operations and are looking for such potential in Cambodia as well as ...

Svay Rieng shooting victims get their say

The three young women wounded in last month’s factory shooting in Svay Rieng province will meet with provincial prosecutor Hing Bunchea today to give their account of the February 20 incident that has yet to produce an arrest warrant. Bun Chinda, 21, Nuth Sokhorn, 23, and ...

http://www.phnompenhpost.com/index.php/2012032955318/National-news/svay-rieng-shooting-victims-get-their-say.html

Ministry to crack down on fake service charges

Tourism sector businesses will be fined up to 300,000 riel ($75) if caught imposing “service charges” without first applying to the Ministry of Tourism, an announcement issued on Monday said. The ministry’s director of the tourism, accommodation and food and beverage (F&B) management, Kim Serey ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/ministry-crack-down-fake-service-charges

Sihanoukville aims to reform tourism landscape

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape

Interior Minister says Preah Sihanouk boom could hit sea’s health

Interior Minister Sar Kheng on Wednesday claimed the recent influx of Chinese visitors to Preah Sihanouk province was raising concerns over the condition of ecosystems on the Kingdom’s coast. Speaking during a ceremony to appoint leaders to posts at both the National Authority for Combating ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/interior-minister-says-preah-sihanouk-boom-could-hit-seas-health

Rural road work continues to boost livelihoods

The Rural Development Ministry last year paved more than 40,000 kilometres of roads in rural areas to accommodate business travel. According to the ministry’s annual report, in 2018 ministry officials worked with development partners to pave 39,045 kilometres of dirt road, 165 kilometres of asphalt ...

Sen David
https://www.khmertimeskh.com/50574457/rural-road-work-continues-to-boost-livelihoods/

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