E-commerce transactions, for both digital products and services, are now subject to value-added-taxes (VAT) in Cambodia, as the number of online transactions has seen a rapid increase. In a sub-decree signed by Prime Minister Hun Sen on April 8, e-commerce transactions provided by non-resident taxpayers who do not have permanent offices in Cambodia will be […]
Read MorePremier underlines his determination to steer the country towards controlling the pandemic and economic growth. Cambodia’s Prime Minister has reaffirmed the Royal Government’s utmost commitment to overcome COVID-19 challenges, while updating them on attained milestones and achievements. Prime Minister Hun Sen underlined the points in his recent message to the people to welcome the occasion […]
Read MoreThe government has issued a sub-decree on the implementation of value-added tax (VAT) on e-commerce activities in Cambodia. The sub-decree, signed by Prime Minister Hun Sen on April 8, defines special conditions and mechanisms for levying VAT on digital goods and services provided by non-resident taxpayers who do no have a permanent office in Cambodia […]
Read MoreVietnam is forecast to lead the fastest growing ASEAN economies in 2022, according to a recent report of the International Monetary Fund (IMF). In its World Economic Outlook released earlier this week, IMF predicted Vietnam’s 2022 economic growth at 7.2 percent, followed by the Philippines (6.5 percent), and Malaysia and Cambodia (both 6 percent). Cambodia […]
Read MoreThe Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial committee tasked with combatting Covid-19, said the vaccination is […]
Read MoreGlaring gaps exist in skills development of the Cambodian workforce as the Fourth Industrial Revolution (IR 4.0) threatens to disrupt the garment and tourism sectors, according to a study conducted by the Asian Development Bank (ADB). ADB hosted a webinar on the comprehensive study yesterday and discussed its key findings with members of the government. […]
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Thailand
