Increasing tax incomes from all kinds of tax sources in 2022 reflected Cambodia’s better economic situation in the post-Covid-19 period, said Prime Minister Hun Sen. Addressing the groundbreaking ceremony for road reconstruction on Friday, the Premier pointed out that the General Department of Taxation (GDT) collected more than $3.43 billion as tax income in 2022, […]
Read MoreBusiness associations have written to the Government and the Ministry of Finance proposing extending the VAT cut of two percentage points and the environmental protection tax cut for fuel till the end of 2023. From January 1, 2023, many supporting policies for households and businesses will no longer be valid, including the VAT reduction and […]
Read MorePRIVATE residential property prices inched up 0.2 per cent in the fourth quarter of 2022 after growing 3.8 per cent in the third quarter, the Urban Redevelopment Authority (URA) flash estimates show. For the whole of 2022, prices increased by 8.4 per cent, compared to the 10.6 per cent increase in 2021. URA said the […]
Read MoreThe country is listed among outperformers in Asia thanks to lingering re-opening tailwinds. A robust economic recovery following the Covid-19 pandemic helped Vietnam’s GDP growth hit an estimated 8.02% yearly, the highest during the 2011-2022 period. The data was released by the General Statistics Office (GSO) today [December 29], according to which the country’s GDP […]
Read MoreThe past three years have proven to be challenging for many people following the outbreak of the Covid-19 pandemic. Though the situation has improved, many businesses are still grappling with economic pressures, such as higher costs driven by inflation and higher energy prices, while concerns over climate change are motivating businesses and the public to become more […]
Read MoreWith the expected revival of economic activities and China’s decision to ease Covid-19 curbs, many ASEAN and Indo-Pacific states are scrambling to import workers and they are looking at Cambodia. Several tourism properties in south Pattaya, a major Thai tourist destination, are reportedly seeking new employees and have urged the foreign worker registration bureau to […]
Read More
Thailand
