News
Australian Investor Jailed After Business Dispute
An Australian businessman who once fronted a telecommunications firm in Cambodia has been sent to Prey Sar prison on fraud charges in a case one of his associates said was triggered by a disgruntled partner in a failed business venture. Frank May, 63, the former chief ...
http://www.cambodiadaily.com/news/australian-investor-jailed-after-business-dispute-7759/
Hun Sen Announces New Tax on Agricultural Land
Prime Minister Hun Sen yesterday announced that the government would begin levying a tax on agricultural land transfers that are valued at more than $25,000. “The government has decide to tax 4 percent on land that cost more than 100 million riel [about $25,000],” Mr. ...
Families of South Korean Crash Victims Settle With Travel Agency
After failing to receive compensation from the airline, relatives of the 13 South Korean nationals who died in the 2007 PMT Air flight U4 241 crash have been reimbursed for their loss by the travel agency that issued the tickets, a law firm said yesterday. According ...
Sok Siphana’s law firm joins ZICOlaw
Lawyer and government advisor Sok Siphana has made his law firm, Sok Siphana & Associates, a member of ZICOlaw, a leading regional law firm based in Kuala Lumpur and focused on the ASEAN region. ...
Property tax questions asked
Cambodia’s property tax is to come into effect next month, though experts say the levy is not widely understood and may be too early. The property tax will initially focus on the capital’s properties, comprising an annual payment calculated of 0.1 percent of the value ...
