The Garment Manufacturers Association in Cambodia (GMAC) on Monday called on all stakeholders not to punish its members if they could not honor their delivery schedules because their production has been halted due to a COVID-19 lockdown. The Cambodian government has imposed a 14-day lockdown in the capital city Phnom Penh and its adjacent Ta […]
Read MoreCambodia on Monday, forecasted that global tourist arrivals to the Kingdom in 2021 would drop by another 70 percent because of the continuing impact of coronavirus. The country’s Ministry of Tourism stated in its report “For 2021, due to the prolonged impact of COVID-19, Cambodia’s tourism is projected to continue to drop by another 60 […]
Read MoreThe real estate investment climate looks bright post-COVID for Cambodia despite fierce competition in some sectors and an oversupply of office space, according to real estate agency CBRE managing director James Hodge. Hodge recently hosted a webinar alongside Jay Cohen, the director of law firm Tilleke & Gibbons’ Phnom Penh branch and the two discussed […]
Read MoreHong Lai Huat said the lockdown in Phnom Penh as well as Kandal province will affect its sales in the Singapore-based group’s property and real estate division. The agriculture division will continue to operate with safe guidelines in place. The lockdown in the Kingdom is currently scheduled to last from April 15 to April 28 […]
Read MoreThe Phnom Penh Autonomous Port released a statement revealing its financial summary for the first quarter of this year, registering $7,770,742 in revenue, which is an increase of 2% compared to the same period in 2020 which was at $7,603,877. The revenue sources of the Phnom Penh Autonomous Port received in the first quarter include: […]
Read MoreAll taxpayers in the capital have been directed to file their monthly tax returns and pay their taxes on the General Department of Taxation’s (GDT) website, according to a GDT notice posted on April 16. Businesses that have been permitted to continue operations during lockdown have been offered an extension and have until April 27 […]
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