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Donaco’s casino in Vietnam opens, Cambodia’s still shut

Donaco International Ltd said the temporary closure of its casino operations at the Aristo International Hotel in Lao Cai, Vietnam, has now been lifted, the company announced. Aristo has now officially reopened, but will operate on a limited basis because it said the border with China where most of Aristo’s patrons originate from has remains […]

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Flights from Cambodia to Thailand not expected until July

Thailand’s move to extend its ban on passenger flights for another month to June 30, citing the need to contain the spread of the coronavirus disease, puts another dent in Cambodia’s efforts to kick-start its economy and tourism. According to the Civil Aviation Authority of Thailand, no passenger flights originating outside the country may land […]

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Cambodia: Tax breaks to boost securities sector

The Ministry of Economy and Finance issued an announcement on the implementation of guidelines on withholding tax for investors in the securities sector to promote the development of stocks in the Kingdom. The ministry issued the directive early this month, noting that local investors get a 6 percent tax break and non-locals get 14 percent […]

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Cambodia pushes hard on free-trade agreements

Cambodia’s government is pushing for free-trade agreement (FTA) talks with potential partners while seeking Russian’s help for a Eurasian Economic Union (EAEU) free trade agreement. The government is looking for support from Russia to push the Cambodia-EAEU FTA in order to expand trade volume and economic cooperation between Cambodia and the bloc. The call was […]

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