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Cambodia: Tax dept pressures 4 firms

The General Department of Taxation (GDT) recently issued letters inviting four companies for their tax debt settlements, noting that tax payment is an obligation on all those playing a significant role in contributing to the national budget. In separate letters signed by Kong Vibol’s GDT director general, four companies were invited to settle their tax […]

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Singapore services sector takings fall 1.1% in Q1

SINGAPORE’S services sector saw receipts fall 1.1 per cent year on year in the first quarter of 2020, in a reversal from the previous quarter’s 4.5 per cent growth, according to a Department of Statistics release on Wednesday. Amid the Covid-19 outbreak, the greatest decline was for recreation and personal services. But the quarterly index excludes wholesale […]

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Cambodia: Technology ‘is the vaccine’ to resume economic activity

As strict COVID-19 containment measures prove relatively effective in curbing the spread of new infections among Cambodia and its regional neighbours, governments are now looking at how digitalisation, big data and technology can reopen their economies before, or if, a global vaccine becomes available, says a leading non-government organisation. This potentially provides a “road map” […]

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