The General Department of Taxation (GDT) on Thursday said back payments of seniority indemnity for Cambodian employees are tax exempt, while employers can also deduct the payments from their income taxes. The GDT’s instruction circular, signed by Cambodian Minister of Economy and Finance Aun Pornmoniroth on April 11 and released on Thursday, also says that […]
Read MoreCambodia and China have signed a memorandum of understanding (MoU) on tourism cooperation for 2019-21, one which aims to attract more Chinese tourists and investors to the Kingdom. The MoU was signed by Cambodian Minister of Tourism Thong Khon and Lin Jingzhen, Bank of China executive vice-president, during the second Belt and Road Forum for […]
Read MoreCambodia imported 54,149 tonnes of livestock and meat to meet domestic demand last year, according to a Ministry of Agriculture, Forestry and Fisheries report. According to the report, Cambodia last year produced a total of 231,283 tonnes of meat for domestic consumption, equivalent to 81 per cent of total domestic demand, with totalled 285,432 tonnes. […]
Read MoreCambodia’s economy remains in a “robust” condition but economic growth is projected to slow slightly this year compared to last, mainly due to weaker than expected external demand, according to a World Bank report released on Wednesday. The bank forecast the Cambodian economy to grow seven per cent in 2019, slightly lower than the 7.5 […]
Read MoreCambodia’s retail petrol price has increased more than 20 per cent during the first four months of this year due to rising costs on the international market, the monthly oil prices set by the Ministry of Commerce reveal. According to the price lists, which have been set twice per month by the ministry between January […]
Read MoreThe Kampong Speu Palm Sugar Promotion Association (KSPSPA) has expressed optimism that the EU’s recognition of Kampong Speu palm sugar will strengthen the Kingdom’s palm sugar market and better serve farmers. KSPSPA president Sam Saroeun said international recognition of it being a Cambodian product with a geographical indication (GI) status would help increase the value of the […]
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