Announcement on the termination of the electronic value added tax refund system (E-VAT Refund System), replacing it with the electronic filing system (E-Filing System)
On 07 December 2020, the General Department of Taxation issued an announcement on the termination of the electronic value-added tax refund system (E-VAT Refund System) and replacing it with the electronic filing system (E-Filing System). The department also informed all companies and enterprises that previously ...
General Department of Taxation
SECC prepared to list shares of holding firms
The Securities and Exchange Commission of Cambodia (SECC) is drafting a prakas on public offerings of equity securities for holding companies to allow them to issue shares on the Cambodia Securities Exchange (CSX) in a move towards diversification and development of the nation’s capital markets. ...
May Kunmakara
https://www.phnompenhpost.com/business/secc-prepared-list-shares-holding-firms
Gains not losses: Key factors that affect share prices in the market
Share price fluctuations can either create opportunities for gains for investors – or potentially be the cause of losses. Factors that drive demand (buying orders) higher than supply (selling orders) will generally lead to an increase in stock price. Conversely, any that drive supply higher ...
In-principle nod given to securities companies in Kingdom
The Securities and Exchange Commission of Cambodia (SECC) on January 5 approved in principle a handful of applications for licences. In a press release on the minutes of an SECC meeting led by chairman and Minister of Economy and Finance Aun Pornmoniroth, the securities regulator ...
Thou Vireak
https://www.phnompenhpost.com/business/principle-nod-given-securities-companies-kingdom
Kingdom joins ASEAN securities plan
The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-joins-asean-securities-plan
ECCC’s split decision leaves Case 003 in limbo
The National and International Co-Investigating Judges of the Extraordinary Chambers in the Courts of Cambodia (ECCC) yesterday issued a split conclusion today in Case 003 of former Khmer Rouge navy commander Meas Muth, leaving the case in limbo. ...
Khmer Times Staff
https://www.khmertimeskh.com/50835693/ecccs-split-decision-leaves-case-003-in-limbo/
Australia pledges more aid for ECCC
Australia has announced to provide up to AUD 2 million over the next two years through the United Nations to help conclude the Khmer Rouge Tribunal (ECCC)’s legal proceedings and, importantly, to support the Tribunal’s archiving and community outreach mechanisms. ...
Khmer Times Staff
https://www.khmertimeskh.com/50816078/australia-pledges-more-aid-for-eccc/
Two listed firms post sound 2020 business
Two companies listed on the Cambodia Securities Exchange (CSX) reported sound business performance last year despite economic duress caused by the Covid-19 pandemic’s enduring stranglehold on regional and global economies. ...
May Kunmakara
https://www.phnompenhpost.com/business/two-listed-firms-post-sound-2020-business
How the US Fed’s forecast affects local economy
The Cambodian economy is not insulated from fears of inflation and the selloff of US bonds, according to a financial analyst. US Federal Reserve Chair Jerome Powell reaffirmed the US’ quantitative easing policy to spur a turnaround in the country’s economy. ...
Husain Haider
https://www.khmertimeskh.com/50829301/how-the-us-feds-forecast-affects-local-economy/
Think tank forum held to enhance China-Cambodia ties
The second Cambodia-China Think Tank High-Level Forum was held Wednesday in Beijing, with the theme of “Towards New Development Phase of Cambodia-China Bilateral Relations.” ...
Khmer Times Staff
https://www.khmertimeskh.com/50904414/think-tank-forum-held-to-enhance-china-cambodia-ties/
Farmers propose lower tax on agriculture imports
The Cambodian Farmer Community (CCFC) has asked the government to intervene and solve the high price of agriculture products for poor farmers and lower the tax on agriculture imports and find a way to help farmers produce fertilizers and pesticides locally rather than using all ...
Yin Soeum
https://www.khmertimeskh.com/50913318/farmers-propose-lower-tax-on-agriculture-imports/
General Department of Prisons reports 73 percent of inmates now vaccinated
The Ministry of Interior’s General Department of Prisons (GDP) has vaccinated over 73 per cent of the 37,000 inmates throughout the country as of August 5 and is continuing to vaccinate prisoners in seven remaining provinces with the US-donated Johnson & Johnson Covid-19 jabs. ...
Voun Dara
https://www.phnompenhpost.com/national/gdp-reports-73-cent-inmates-now-vaccinated
Samphan denies committing genocide
Former Khmer Rouge head of state Khieu Samphan yesterday denied participating in genocide against fellow Cambodians, saying that all he had been doing was trying to defend the country which was at war with Vietnam. ...
Son Minea
https://www.khmertimeskh.com/50919675/samphan-denies-committing-genocide/
$2.4B in new investments for H1
The Council for the Development of Cambodia (CDC) approved 70 projects with a total capital investment of $2.428 billion in the first half of this year. This is according to calculations by The Post based on CDC statements issued via social media throughout the January-June ...
Thou Vireak
https://phnompenhpost.com/business/24b-new-investments-h1
Kingdom seeks support for Mekong-Ganga museum
Cambodia called on other member states under the Mekong-Ganga Cooperation (MGC) framework – Thailand, Vietnam, Lao, Myanmar and India – to support the rehabilitation of the MGC Asian Traditional Textile Museum (MGCATTM) in Siem Reap province as its operations have suffered due to Covid-19. ...
Ry Sochan
https://phnompenhpost.com/national/kingdom-seeks-support-mekong-ganga-museum
Sokhonn addresses non-aligned movement
Minister of Foreign Affairs and International Cooperation Prak Sokhonn said it is only with true multilateralism that the international community will be able to address the current major challenges because they are global in impact. ...
Voun Dara
https://www.phnompenhpost.com/national-politics/sokhonn-addresses-non-aligned-movement
Samphan’s Lawyers want ECCC to overturn his life sentence
The Supreme Court Chamber of the Extraordinary Chambers in the Courts of Cambodia (ECCC) resumed its second day hearing of the Case 002/02 appeal by former Khmer Rouge head of state Khieu Samphan yesterday, with his lawyers arguing that his life sentence should be overturn. ...
Son Minea
https://www.khmertimeskh.com/50918081/samphans-lawyers-want-eccc-to-overturn-his-life-sentence/
Bakong-powered transactions soar
Digital payments are becoming crucial to the management of daily expenses, especially during Covid-19 when social distancing is the norm, according to National Bank of Cambodia (NBC) director-general Chea Serey. ...
May Kunmakara
https://www.phnompenhpost.com/business/bakong-powered-transactions-soar
$2.4 million bag and shoe factory gets CDC’s nod
The Council for the Development of Cambodia (CDC) has approved a new garment factory in Kandal province. Auspicious Bag and Shoes Accessories Co Ltd is investing $2.4 million in the project at Kraing Makak in Ang Snuol district. ...
Michael Firn
https://www.khmertimeskh.com/50920851/2-4-million-bag-and-shoe-factory-gets-cdcs-nod/
Kingdom hosts 13th ASEM Covid-19 style
Prime Minister Hun Sen is set to lead the 13th Asia-Europe summit (ASEM13), which Cambodia will host via video conference due to the pandemic on November 25-26. ...
Ry Sochan
https://www.phnompenhpost.com/national/kingdom-hosts-13th-asem-covid-19-style