Tax Department Delays VAT on Microfinance Institutions
The Finance Ministry’s general department of taxation will delay implementing a new provision meant to clarify financial services for which the value-added tax (VAT) is required, after microfinance institutions voiced concerns about the burden it would entail.
— The Cambodia Daily (paywall)
Cambodian temple site gets UNESCO world heritage status
The U.N. cultural organisation added an ancient temple site in Cambodia to its world heritage list, the government said on Sunday (Jul 9), bringing the number of heritage sites in the Southeast Asian country to three.
— Channel NewsAsia
ISP licences pulled by telecom regulator over inactivity
The Kingdom’s telecom regulator has revoked the licences of three internet service providers (ISPs) after finding that the companies were no longer operating.
— The Phnom Penh Post
Security firms grow with economy
Cambodia’s rapid economic growth has fuelled a growing demand for private security guards to protect businesses and new real estate developments – and the high-profile people behind them. The Post’s Matthieu de Gaudemar sat down with John Muller, managing director of Global Security Solutions (GSS) and a pioneer of private security in Cambodia, to discuss the sector’s development.
— The Phnom Penh Post
Cambodia: Revoke Ban on Election Monitors
The Cambodian government should rescind its recent order restricting independent election monitoring groups, Human Rights Watch said today. On July 4, 2017, a month after the country’s flawed commune elections, the Interior Ministry issued a letter to two election-monitoring organizations to cease their activities in alleged violation of the country’s nongovernmental organization law.
— Human Rights Watch
Emirates Lands in Phnom Penh, Cambodia
Emirates Airline has just launched its first service to Cambodia with the introduction of a daily service from Dubai International Airport to Phnom Penh International Airport via Yangon. The introduction of the service brings the total number of cities served by the Dubai-based carrier to 13 in the region.
— Airline Geeks
Yongkang St eyes Cambodia business
Businesses in Taipei’s Yongkang Street (永康街) shopping district have set their sights on Cambodia and are looking to establish a foothold in the Southeast Asian nation, an executive of the Taipei Dongmen Yongkang Business Circle Development Association said on Saturday.
— The Taipei Times
‘KB Cambodia at tipping point of explosive growth’
Domestic banks are trying to make their presences felt in Southeast Asia, and KB Kookmin Bank’s battlefield is Cambodia, which is the lender’s “test bed” for expansion in the region.
— Korea Times
Bribery Case Against UN Official Dropped
A case against a local U.N. official who was charged last year over his alleged involvement in attempting to cover up a sex scandal involving then-deputy opposition leader Kem Sokha has been dropped.
— The Cambodia Daily (paywall)
King Asks the Public to Stop Illegal Logging, Plant Trees
King Norodom Sihamoni marked National Tree Planting Day on Sunday by urging Cambodians to fight illegal logging and poaching, some two months after a U.K. NGO disclosed illegal logging on an industrial scale in Ratanakkiri province being facilitated by corrupt local officials.
— The Cambodia Daily (paywall)
Vietnam, Cambodia to partner in military legislation
The defence ministries of Vietnam and Cambodia have agreed to reinforce their cooperation in military and defence legislation, contributing to the development of relations between the two countries’ armed forces.
— Nhan Dan Online
Feature photo CIAT/ Neil Palmer
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Cambodia morning news by AEC News Today is your one stop source for Cambodia news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.
Leakhena Khat
“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.
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