News

GDT collects $2.4B in revenue from taxation in first 10 months

The government collected $2.40 billion in revenue from taxation during the first 10 months of this year – up 28.31 per cent year-on-year from $1.873 billion – a report from the General Department of Taxation (GDT) said on Monday. ...

Hin Pisei
https://www.phnompenhpost.com/business/gdt-collects-24b-revenue-taxation-first-10-months

Construction industry cooling down: analysts

Government revenue collected on property transfers and construction services dropped off by 25 percent last year, reflecting a slowdown of the Kingdom’s construction sector despite a surge in the reported value of investment in real estate development projects, according to analysts. ...

Hor Kimsay
http://www.phnompenhpost.com/business/construction-industry-cooling-down-analysts

Cambodia's Public Debt

According to the [inter]national Monetary Fund (IMF), at the end of 2011, the stock of Cambodia’s external public debt, including arrears, stood at around US 3.8 billion or 30 percent of GDP (24 percent in NPV terms). China remains the largest bilateral creditor, contributing to ...

http://www.cambizreview.com/

IMF Calls on Cambodia to Broaden Tax Base

.Cambodian government must rise its tax revenue intake if it to stay on a sustainable path toward development, International Monetary Fund officials have said. Although Cambodia is experiencing increased growth in trade and investment, the country should broaden its tax base to create sustainable revenue collection, a ...

http://www.cambizreview.com/

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