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Letter of the Ministry of Information on alcohol advertising

On 21 August 2017, the Ministry of Information issued a letter laying out recommendations to owners of radio and television stations and other media outlets as follows:Alcohol-associated reward advertising is allowed only in the period of 15 days before and after Khmer New Year, Chinese ...

Ministry of Information

Download: pdf

Government to drop VAT on agricultural exports

Local firms will no longer be charged value-added tax (VAT) on exports of agricultural goods, Prime Minister Hun Sen announced Friday. The premier said dropping VAT charges on exports of agricultural products – including milled rice, corn, cassava, and pepper – will enhance the competitiveness ...

Chea Vannak
https://www.khmertimeskh.com/50591970/government-to-drop-vat-on-agricultural-exports/

Halt migrant recruitment ads, radio stations told

The Ministry of Information has sent a letter to radio stations ordering them to immediately cease advertisements from recruitment agencies looking to send migrant workers abroad. ...

Sen David
http://www.khmertimeskh.com/5074021/halt-migrant-recruitment-ads-radio-stations-told/

Survey finds VAT issues as major concern

The Majority of participants in a survey conducted by the European Chamber of Commerce in Cambodia (EuroCham) have reported that they experienced issues with regard to Value Added Tax (VAT) that included non-issuance of refunds. ...

Manoj Mathew
https://www.khmertimeskh.com/501175671/survey-finds-vat-issues-as-major-concern/

Customs, excise tax collection rise

The tax collection from General Department of Customs and Excise (GDCE) in the first nine months of the year amounted to $1.3 billion, up 16 percent from the same period last year. ...

Sum Manet
http://www.khmertimeskh.com/news/30669/customs--excise-tax-collection-rise/

Cambodia starts collecting VAT on e-commerce

Cambodia started imposing value added tax (VAT) on e-commerce from April 1 after a three-month delay. ...

Khmer Times Staff
https://www.khmertimeskh.com/501053572/cambodia-starts-collecting-vat-on-e-commerce/

Government waives 10 percent VAT for rice

The government decided to drop a 10 percent value added-tax (VAT) for rice products during a meeting on Wednesday between representatives of the rice sector and government officials at the Council for the Development of Cambodia in Phnom Penh, officials said.   ...

Kang Sothear
https://www.cambodiadaily.com/news/government-waives-10-percent-vat-for-rice-110676/

Microlenders refuse to apply prescribed VAT

The industry body representing the Kingdom’s myriad microfinance institutions (MFIs) threw down the gauntlet yesterday, announcing that its members had categorically rejected a government directive that orders them to charge a value-added tax (VAT) on financial services fees and would not apply it. ...

Hor Kimsay
http://www.phnompenhpost.com/business/microlenders-refuse-apply-prescribed-vat

Bank services VAT seen as ‘inefficient’

Banking sector leaders have expressed concern over a new government decree that places additional fees on financial services, warning that the costs of what some have described as an “impractical and inefficient” tax would likely be passed along to consumers. ...

Kali Kotoski and Hor Kimsay
http://www.phnompenhpost.com/business/bank-services-vat-seen-inefficient

Notification on the temporary suspension of the implementation of VAT on nontaxable supplies

On 06 July 2017, the General Department of Taxation has issued a notice to all financial institutions operating in the Kingdom of Cambodia to be aware that the implementation of a May 25 prakas that more clearly defines the government’s laws for nontaxable supplies concerning ...

General Department of Taxation

Download: pdf

Ad-hoc commission on vaccination process formed

An ad-hoc commission, headed by the Ministry of Health secretary of state Or Vandine, will be formed for COVID-19 vaccination, Prime Minister Hun Sen said yesterday. . ...

Khmer Times Staff
https://www.khmertimeskh.com/50825716/ad-hoc-commission-on-vaccination-process-formed/

Cigarette Promoters to Lose Jobs After Tobacco Ad Ban

Cigarette promoters will have to stop work when a tobacco advertisement ban takes effect in late August, a health official said yesterday. A February sub-decree, which also bans advertising tobacco in the media and on billboards, states that the “promotion of tobacco products to customers ...

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

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

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