Cambodia takes tentative steps to tackle corruption
Luxury cars and fancy homes are among the lavish gifts Cambodia’s political and business elite shower each other with on special occasions but there are hints the government is moving to curb such excesses. Patronage has long been a problem in impoverished Cambodia, with bribery ...
Worldbulletin News Staff
http://www.worldbulletin.net/america-canada/146002/cambodia-takes-tentative-steps-to-tackle-corruption
UN rolls out fund for women-led firms
Cambodian women-led fintechs, technology or regulated financial institutions are among the enterprises eligible for the recently-launched Women Enterprise Recovery Fund to promote and expand their businesses, according to the UN Economic and Social Commission for Asia and the Pacific (UNESCAP). ...
May Kunmakara
https://www.phnompenhpost.com/business/un-rolls-out-fund-women-led-firms
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
Cambodia, Timor-Leste to boost economic cooperation
Because trade between Cambodia and Timor-Leste remains low, the governments of both nations have decided to work towards boosting bilateral economic and business activities, according to a statement from the Ministry of Foreign Affairs and International Cooperation. ...
Sok Chan
https://www.khmertimeskh.com/50819248/cambodia-timor-leste-to-boost-economic-cooperation/
Ministry invites exporters to expo in east China
The Ministry of Commerce has invited businesses that wish to export to China to join a three-day virtual and in-person expo set to be held in eastern China’s Shandong province from April 27-29. ...
Hin Pisei
https://www.phnompenhpost.com/business/ministry-invites-exporters-expo-east-china
Young innovators pitch ideas
Seven dynamic startups run by young entrepreneurs pitched their innovative ventures to business leaders and investors from Cambodia and around the world, at the culmination of the Bluetribe initiative, a unique and intensive six-month startup incubation scheme. ...
Sok Chan
https://www.khmertimeskh.com/50810579/young-innovators-pitch-ideas/
Trade with Thailand unchanged amid Covid-19 movement curbs
Cross-border trade between Cambodia and Thailand remains busy as usual despite ongoing lockdowns in parts of both countries to combat the spread of Covid19 in their respective communities, according to senior provincial officials. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-thailand-unchanged-amid-covid-19-movement-curbs
Illegal imports sinking local aquaculture
While local aquaculture has started to grow significantly in recent years, the business community is increasingly facing competition from illegal imports, according to the Cambodian Aquaculturist Association (CAA). ...
Hin Pisei
https://www.phnompenhpost.com/business/illegal-imports-sinking-local-aquaculture
GDT strives to unfold tax intricacies: official
A senior tax official pledged to facilitate all tax issues for Japanese investors currently investing or doing business in Cambodia to ensure things go smoothly, as part of a broader effort to create productive feedback channels, and improve transparency and operational efficiency, according to the ...
Hin Pisei
https://www.phnompenhpost.com/business/gdt-strives-unfold-tax-intricacies-official
7-Eleven retail mall officially opened in Cambodia
CP All Pcl, a Thai multi-product retailer, opens Cambodia’s first 7-Eleven retail store in Sangkat Prek Leap, Khan Chroy Changvar, Phnom Penh in line with its plans to expand its business into the ASEAN region. ...
May Kunmakara
https://www.postkhmer.com/business/2021-08-31-1003-222709.html
Tax collection exceeds $2.56 billion for first 11 months
The General Department of Taxation collected $2.56 billion in tax revenue between January to November this year, exceeding the 2021 targeted plan. Officials and key insiders said the exceeding revenue in the tax sector reflected the government’s efforts on efficient tax collection and the business ...
Chea Vanyuth
https://www.khmertimeskh.com/50988560/tax-collection-exceeds-2-56-billion-for-first-11-months/
Koh Kong aims to develop province’s coastal islands
Koh Kong provincial authorities are compiling detailed data on the 23 islands in the province to facilitate the development of them as the number of tourists is on the increase and businesses continue to show interest in investing heavily in the islands. ...
Lay Samean
https://www.phnompenhpost.com/national/koh-kong-aims-develop-provinces-coastal-islands
Police remind shops: Holding ID cards for collateral an offence
The Kampong Speu provincial police have advised pawnshops and other businesses that allow customers to pay on an instalment plan to stop holding their national ID cards as collateral or face legal action. ...
Lay Samean
https://www.phnompenhpost.com/national/police-remind-shops-holding-id-cards-collateral-offence
Cambodia-Oz trade rises 52% in 2021
Australia has reaffirmed its commitment to furthering business dealings with Cambodia, as data from the commerce ministry revealed that bilateral trade volume between the two countries reached $324.492 million in 2021 – a 52 per cent surge year-on-year despite the ongoing Covid-19 crisis. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-oz-trade-rises-52-2021
Waste collection fee defaulters to be ‘shamed’
People not paying for solid waste management services face being publicly humiliated warned the Phnom Penh municipal government yesterday, adding that the new waste collection fee list was introduced in November 2021, but many residents and businesses have failed to implement it. ...
Hang Punreay
https://www.khmertimeskh.com/501095722/waste-collection-fee-defaulters-to-be-shamed/
State hands land to lawmaker, senator’s family
A ruling-party parliamentarian, a CPP senator’s family member and a business associate of the prime minister’s daughter are among the latest recipients of state-land transfers that have been distributing lakes, forests and wildlife sanctuaries to the country’s elite. ...
Mech Dara
https://vodenglish.news/state-hands-land-to-lawmaker-senators-family/
GDT allows taxpayers to adjust annual tax online
The General Department of Taxation (GDT) of the Ministry of Economy and Finance (MEF) has issued an instruction on procedures to enable taxpayers who are owners of registered businesses to make online adjustments of their online filing on annual tax on income (ToI E-Filing), a ...
Kang Sothear
https://www.khmertimeskh.com/501290817/gdt-allows-taxpayers-to-adjust-annual-tax-online/
Phnom Penh Water Supply Authority to meet clean water demand
The Phnom Penh Water Supply Authority, under the Ministry of Industry, Science, Technology and Innovation, is expanding the capacity of water supplies and building new water treatment plants to meet the increasing demand for pipe water as urbanisation development and business activities rise. ...
Chea Vanyuth
https://www.khmertimeskh.com/501249575/phnom-penh-water-supply-authority-to-meet-clean-water-demand/
Dissecting the new tax law
Phnom Penh’s business community gathered on Thursday for a forum hosted by EuroCham Cambodia on “Unpacking the Law on Taxation”, with the aim of breaking down the new regulations introduced in May. ...
Mao Sreypich
https://kiripost.com/stories/cambodia-dissecting-the-new-tax-law
Three-day leave for workers to vote in July 23 election
Authorities have ordered private businesses and employers to allow their staff a paid three-day leave to go to their home provinces and vote in the upcoming National Election. ...
Torn Vibol
https://www.khmertimeskh.com/501301998/three-day-leave-for-workers-to-vote-in-july-23-election/