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Cambodia: Sahas E&C deal paves way for PPSEZ buyback

Bourse-listed Phnom Penh Special Economic Zone Plc (PPSEZ) confirmed that it has absorbed the outstanding 40 percent stake in Sahas E&C Co Ltd – paving the way for the company to press forward with its proposed share buyback. Sahas E&C was established in 2017 to provide in-house construction and engineering services for the SEZ. The […]

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Cambodia: Fiscal revenue decreases amid Covid pandemic

Cambodia’s fiscal revenue in the first semester this year dropped, largely because of Covid, officials said. Data from the General Department of Taxation (GDT) showed the body collected $1.516 billion in tax between January and June, a 10.6 percent decrease compared with the same period last year. In June alone,  tax revenue was $168 million, […]

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Six logistics centres planned south of Cambodian border

The Vietnamese Mekong Delta province of Long An plans to set up six logistics centres to meet transportation, and export and import demands, according to the provincial Department of Industry and Trade. The centres are also expected to help local firms improve their competitiveness, the department said. Of the facilities, three will be located in […]

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