The government has regulated the licence for some e-businesses, which are booming under the COVID-19 pandemic. A sub-decree on “regulating licences for types of electronic business and exemption”, which was signed by Prime Minister Hun Sen on Aug 27, states that an individual, private enterprises, entities and branches of foreign companies that operate e-commerce activities […]
Read MoreMore positive news has come for Cambodia’s nascent and struggling oil and gas exploration endeavours. PetroVietnam Drilling & Well Service Corp (PV Drilling)’s rig PV Drilling III will implement its contract to drill five new wells for Kris Energy in the Kingdom’s waters for three months, starting in October, vietnamplus.vn reports. Cambodia’s oil and gas […]
Read MoreThe General Department of Customs and Excise at the Ministry of Economy and Finance has given a final notice to non-taxed vehicles and goods owners to declare their ownership of Sept 28, according to an announcement from the customs and excise. Those goods were confiscated and kept in temporary storage or customs-bonded warehouses. The non-taxed […]
Read MoreProperty insiders have applauded the government’s move on capital gains tax collection but asked for its delay until the COVID-19 pandemic ends. Kim Heang, regional operating principal of the US-based real estate firm Keller William Cambodia, said it was a taxpayer obligation that is not a new thing in developing countries. He said some may […]
Read MoreCambodia’s rice exports rose 31.05 percent, reaching 448,203 tonnes in the first eight months of the year, according to the National Phytosanitary database of the Ministry of Agriculture, Forestry and Fisheries. The report said that Cambodia’s rice exports was 448,203 tonnes thus far this year, compared with 342,045 tonnes during the same period in 2019. […]
Read MoreThe General Department of Taxation (GDT) is making it easier for property tax payments to increase from the country’s booming industry, according to Director-General of the GDT Kong Vibol. Currently, tax payments such as on properties are made via GDT’s banking partners. However, taxpayers now have another option, which is simpler. Vibol said the GDT’s […]
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