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GDT brings in $20.9M of e-commerce VAT over Q1

The General Department of Taxation (GDT) announced that it collected 84.67 billion riel, or $20.91 million, in value-added tax (VAT) from e-commerce in the first quarter of the year, which is seen as a reflection of the boom in online transactions witnessed since the advent ...

May Kunmakara
https://www.phnompenhpost.com/business/gdt-brings-209m-e-commerce-vat-over-q1

Tax pulled after mutiny

Just one day after the Kingdom’s microlenders mutinied and said they would not implement a government directive requiring all financial institutions to implement a 10 percent value-added tax (VAT) on fees for financial services, the Tax Department announced it would back down and temporarily suspend ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/tax-pulled-after-mutiny

GDT earns $46 million on e-commerce VAT income

The General Department of Taxation earned e-commerce value-added tax (VAT) income of $46 million from the operation of electronic goods and services in the first seven months of this year, according to official figures yesterday. ...

Chea Vanyuth
https://www.khmertimeskh.com/501348840/gdt-earns-46-million-on-e-commerce-vat-income/

Cambodia earns $34.35 million e-commerce VAT from Facebook

Cambodia has generated approximately $34.35 million in revenue from the American multinational technology conglomerate Meta Platforms Inc. doing business as Meta or the Facebook Value Added Tax (VAT) in 2022 and 2023, said the figures of tax revenue released Sunday by former Prime Minister Hun ...

Kang Sothear ​
https://www.khmertimeskh.com/1354671/cambodia-earns-34-35-million-e-commerce-vat-from-facebook/

Ad Revenues Slow, Telecoms Scale Back

Revenues generated in the advertising sector through the first seven months of the year reached $68.7 million, an increase of 6.84 percent compared to the same period last year, according to data released yesterday by Indochina Research. Although the industry has continued to grow in terms ...

3rd dose campaign for frontliners with AstraZeneca to begin by Monday the latest

Prime Minister Hun Sen has ordered the National Ad-hoc Commission for COVID-19 Vaccination to launch the 3rd dose campaign for frontliners in the second week of this month or not later than next Monday. ...

Khmer Times Staff
https://www.khmertimeskh.com/50910440/3rd-dose-campaign-for-frontliners-with-astrazeneca-to-begin-by-monday-the-latest/

Tax revenues increase by 22.9 per cent

The Kingdom’s tax revenues increased by more than 20 per cent in the first quarter of 2012 compared with the same period last year. Officials said the rise reflects an influx of new buinesses and investments. Opposition lawmakers, however, claim that the numbers are still far ...

http://www.phnompenhpost.com/2013041265054/Business/tax-revenues-increase-by-22-9-per-cent.html

Hun Sen Points To Economic Benefit of Beer

Prime Minister Hun Sen encouraged the public to help the country by drinking beer during the inauguration of the new $60 million Khmer Brewery factory in Phnom Penh yesterday. “Don’t forget, [if you] drink one bottle or one can of beer, how much will the state ...

Angkor Gold Corp. Acquires the Andong Meas Concession in Cambodia

Angkor Gold Corp. (TSXV:ANK4) acquired Liberty Mining ad Transol Mining, owners of the 209 square kilometre Andong Meas concession in Cambodia. As quoted in the press release: “The Acquisition results in two significant accomplishments. First, it adds 100% ownership of an entirely new 209-square kilometre concession known ...

http://goldinvestingnews.com/27883/angkor-gold-corp-acquires-the-andong-meas-in-cambodia.html

Cambodia collects 470 mln USD in tax in first half of 2013

Cambodia’s General Department of Taxation said Tuesday that it had collected 470 million U.S. dollars of tax in the first six months of this year, up 21 percent compared with the same period last year. The country earned the tax of 740 million U.S. dollars ...

http://news.xinhuanet.com/english/world/2013-07/09/c_132525765.htm

Asian parliamentarians meet in Cambodia to enhance ties

Members of Parliaments (MPs) of the Asian Parliamentary Assembly (APA) gathered here on Tuesday to promote ties and draft internal regulations to strengthen APA Secretariat. Leng Penglong, Secretary General of the National Assembly of Cambodia, said the two-day meeting is participated by 29 MPs from Bahrain, ...

Global Post News Staff
http://www.globalpost.com/dispatch/news/xinhua-news-agency/140624/asian-parliamentarians-meet-cambodia-enhance-ties

Cambodia's tax revenue up 25 pct in 2012

The government of Cambodia has collected 740 million U.S. dollars of tax in 2012, a 25 percent rise year-on-year, the General Department of Taxation said Wednesday. The revenues have been collected from tax on profit, withholding tax, tax on salary, VAT (Value Added Tax), special tax ...

http://news.xinhuanet.com/english/business/2013-01/09/c_132091572.htm

Fake recruitment ads targeted

The Ministry of Labour has written to the Ministry of Information requesting that it take action against fraudulent recruitment agencies promoting services for migrant workers via radio advertisements. ...

Sen David
http://www.khmertimeskh.com/news/39898/fake-recruitment-ads-targeted/

Tax collection in Cambodia up 24 pct in 5 months

Cambodia’s General Department of Taxation unveiled on Friday that the country collected 395 million U.S. dollars of tax in the first five months of this year, up 24 percent year on year. In May alone, the department collected 73 million U.S. dollars, up 4 percent ...

http://www.asean-china-center.org/english/2013-06/09/c_132443845.htm

Beer makers binge on ads

Whether it is dancing pop stars or plays on national pride, dramatically increasing budgets for beer advertising took Cambodia’s TV sets and public spaces by storm in 2011. Beer advertising surged 164 per cent year-on-year in 2011, according to data from Indochina Research Ltd, making it ...

http://www.phnompenhpost.com/index.php/2012011753964/Business/beer-makers-binge-on-ad-spend.html

Company launches digital ad operation

Cambodian Investment Management’s social-media marketing and advertising business has launched Dynamo Innovative Digital Advertising, the group said last week. Dynamo will inherit 10 clients, managing 20 social-media pages, 90 per cent of which are on Facebook and 10 per cent on LinkedIn. ...

http://www.phnompenhpost.com/business/company-launches-digital-ad-operation

Cambodia collects 122 mln USD in tax in last two months

Cambodia’s General Department of Taxation said in a press release on Thursday that the country collected 122 million U.S. dollars of tax in the first two months in 2013, up 27 percent compared to the same period last year. In the whole year of 2012, ...

http://www.asean-china-center.org/english/2013-03/08/c_132218418.htm

City considers adding more referral hospitals

Phnom Penh City Hall plans to build more referral hospitals in the capital in the coming years as the seven currently in use are nearing capacity, according to Municipal Governor Pa Socheatvong. ...

Kong Meta
http://www.phnompenhpost.com/national/city-considers-adding-more-referral-hospitals

Major tycoons added to concessions watchlist

Fourteen companies have been added to a Ministry of Environment watchlist for purportedly failing to live up to their investment promises. The companies include firms owned by some of the country’s wealthiest and most politically connected land barons, such as Mong Reththy and Sok Kong. ...

May Titthara
http://www.phnompenhpost.com/major-tycoons-added-concessions-watchlist

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