Taxpayers in Cambodia will be rated based on their compliance with the country’s tax code, and will be offered benefits if they rank highest, tax experts said yesterday. The new rating system was outlined in a regulation issued by the General Department of Taxation (GDT) late last month, which lists 12 different criteria, each worth one or two points, on which a taxpayer...
10th January 2017
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A project to build affordable houses for low-income earners and state workers broke ground last Saturday, and will see units go on sale within two weeks. Sear Rithy, chairman of the building contractor WorldBridge Land...
09th January 2017
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According to data from the Ministry of Agriculture, Cambodia’s rice exports totaled 542,144 tonnes last year, up just 0.7% YoY. In 2015, rice exports grew 39% YoY. Hean Vanhann, undersecretary of state at the ministry, said...
06th January 2017
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State-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity. According to Ork Bora, director-general of Cambodia Post, the state-owned enterprise has been conducting a study on e-commerce for about a year, and decided to launch a platform that would allow...
05th January 2017
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Buying brand new cars in Cambodia, a country dominated by the used car market, is becoming increasingly popular, with sales of new cars growing remarkably last year, according to industry insiders. Ly Bun Hay, general manager of Toyota (Cambodia), said...
05th January 2017
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PPAP signed a land leasing agreement with Yunnan Sengmao Investment on Friday last week, allowing the Chinese firm to build a construction supply center on its 9.3 hectares of land in Russey Keo district. According to Hei Bavy,...
04th January 2017
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Ticket sales for the Angkor Archaeological Park near Siem Reap reached $63.6mn in 2016, up 4.2% compared to 2015, according to data released yesterday by the Angkor Institution, the park’s state-run ticketing agency...
03rd January 2017
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Local real-estate company Thai Boon Roong (TBR) Group signed a $2.7bn contract with Wuhan-based Wuchang Shipbuilding Industry Group and Macao-based Sun Kian IP Holdings on Saturday to build the TBR Twin Tower World Trade Center, according to...
03rd January 2017
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Shares in Phnom Penh Water Supply Authority (PPWSA) ended the year at KHR4,100, down 19.29% from last year close, and posted an annual loss of KHR85bn...
30th December 2016
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Shares in Grand Twins International (GTI) closed at one-year high of KHR4,320, posting an annual gain of 7.46%. The garment manufacturer had been on a downtrend since the company’s announcement of stock dividend distribution on Sep. 13th, and fell to a record low of KHR2,130 on Dec. 9th...
30th December 2016
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