News
Senate passes two laws; opposition boycotts
Forty-six senators from the ruling CPP on Monday unanimously approved the 2016 national budget and the telecommunications law in the absence of 10 boycotting senators from the opposition Sam Rainsy Party (SRP), according to a press release. ...
Kuch Naren
https://www.cambodiadaily.com/news/senate-passes-two-laws-opposition-boycotts-102349/
Budget for 2016 moves closer to passage in Nat'l Assembly
The $4.3 billion 2016 draft budget moved one step closer to adoption yesterday, as the ruling party-controlled parliamentary committee tasked with reviewing the document gave it the green light. ...
Vong Sokheng
http://www.phnompenhpost.com/national/budget-2016-moves-closer-passage-natl-assembly
Government to revamp porous tax code
The government will scrap its poorly regulated and grossly inefficient estimated-tax regime, which covers mostly small enterprises, and bring all businesses in the Kingdom into the fold of its more-stringent “real” tax regime, leaked documents show.In an unpublished addendum to the 2016 national budget obtained ...
Ananth Baliga
http://www.phnompenhpost.com/business/government-revamp-porous-tax-code
