The General Department of Taxation (GDT) on Thursday last week released a set of guidelines for owners of legally registered qualified investment projects (QIPs) and non-QIP businesses to follow in fulfilling their obligations of paying taxes before they distribute dividends based on the tax and investment laws of Cambodia. The guidelines are divided into two […]
Read MoreThough tourism across Southeast Asia is in the process of regaining its pre-Covid health, with a 26.3 percent recovery rate against pre-pandemic levels Cambodia is placed third among ASEAN (Association of Southeast Asian Nations) member states. According to the Tourism Advisory Board of Vietnam, while Singapore tops the table with a 30.9 percent recovery rate, […]
Read MoreFor many serious observers, Cambodia is a dark horse with unprecedented potential to turn into the next big thing in Southeast Asia. Rising from the ashes of the Khmer Rouge, Cambodia has established itself as one of the world’s fastest-growing economies in the region. Khmer Times talks to experts to find out why and how […]
Read MoreNewly-ratified free trade agreements, namely the Regional Comprehensive Economic Partnership and the Cambodia-China Free Trade Agreement (CCFTA), have helped boost Cambodia’s agriculture and agro-processing industries, said World Bank senior country economist Ly Sodeth. Cambodia’s economy has recovered well from the impact of COVID-19 in 2022, with better performance being expected for 2023, said a government […]
Read MoreRosegold, a market leader in health and beauty supplements, visited Cambodia this week as it considers its next overseas venture. The company, which is based in Thailand, first expanded its products into Laos in 2020, and is also in discussion with potential partners in Hanoi to introduce Rosegold products to the Vietnamese market. Ms Thunrawee Ruengraweethitikorn, Director […]
Read MoreThe General Department of Taxation earned e-commerce value-added tax (VAT) income of $37 million from the operation of electronic goods and services till November this year. The government started implementing the e-commerce VAT from April this year. The update was shared in a monthly meeting yesterday under the presence of Director-General Kong Vibol. “From May […]
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