The government has decided to extend the stamp duty tax exemption deadline for property worth less than $70,000 from January to December 2021. The official announcement, released this week, is intended to boost the economy by encouraging more property transactions. In its announcement, the government also urged developers to provide more discounts to buyers. This […]
Read MoreThe Council for the Development of Cambodia (CDC) has issued investment certificates to NS Industrial Co., Ltd., and Lonso (Cambodia) Garment Co., Ltd., to invest in the production of cardboard boxes and clothes. The two new projects, with a total investment capital of $6.4 million, will be located in Khan Pursenchey, Phnom Penh capital, and […]
Read MoreThe market appears undecided whether the recent fall in the share price of industrial park operator Phnom Penh Special Economic Zone (CSX: PPSP) now offers a good investment opportunity. The board is currently awaiting approval for the share buyback plan submitted to the regulator last week. PPSP shareholders approved the buyback strategy in replacement of […]
Read MoreThe Cambodia-Australia Consumer Protection Partnership will launch in 2021 with Australia having agreed to station a consumer protection technical official in the Kingdom following a request by the Ministry of Commerce. This will allow the sharing of expertise and experience towards the enhancement of work effectiveness between the two nations in this area. The request […]
Read MoreThe Cambodian government has projected the country’s per capita gross domestic product (GDP) will reach $1,771 by the end of 2021, up from $1,600 this year, an anticipated increase of 10.6 percent. The projection was announced by the Minister of Economy and Finance Aun Pornmoniroth while leading his team in defending the draft budget law […]
Read MoreKUALA LUMPUR: Malaysia has set the export tax for crude palm oil (CPO) at eight per cent for January 2021. In a circular posted on the Malaysian Palm Oil Board’s website, the Royal Malaysian Customs Department said the eight per cent export duty rate was set after the CPO market price reached RM3,450 per tonne […]
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Thailand
