Archive for July 10th, 2009
Friday, July 10th, 2009
Foreign companies get permission to occupy and clear acres of land to grow rubber trees. But often take away the wood without creating rubber plantations. Thus they take from poor farmers what little ...
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Friday, July 10th, 2009
Friday, 10 July 2009CHUN SOPHAL
The Phnom Penh PostTHE government's tax take on imports and exports dropped 22 percent to US$280 million in the first half of the year compared with the same period last year, it said Thursday. The $78 million decline was outlined by Customs and Excise at its June monthly meeting.
The Kingdom's main imports are vehicles, spare parts and construction materials. Its major exports are garments and agricultural products.
Pen Siman, the director general of Customs and Excise's general department, said the main reason for the drop was a 60 percent decline in vehicle imports. He said 20,000 to 30,000 vehicles, most of them second-hand, were imported last year, and taxation on them represents a key revenue source.
Pen Siman would not be drawn on a precise figure, saying only that the Kingdom collected more than $500 million in 2008 from imports and exports.
Kum Nhem, the deputy director general of Customs and Excise's general department, told the Post that the drop in the number of vehicles being imported was a concern. He explained that import taxes are more valuable as the rate levied on imports is higher than that levied on exports.
"In my opinion, the global economic crisis is the main reason for the drop in tax revenue as it has caused a big drop in imports," Kum Nhem said. "We have tried our best to collect these taxes, but if imports and exports keep decreasing like this we won't be able to increase tax revenues at all."
Economist Kang Chandararot, the president of the Cambodia Institute of Development Study, said tax collection would improve by the end of 2010.
"That is when the world economy will have recovered and the tax-collection system will be better organised," he said.
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Friday, July 10th, 2009
PHNOM PENH, 10 July 2009 (IRIN) - A toilet now in the development stage could improve the health of thousands living in Cambodia’s impoverished river communities. River communities’ homes are t...
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Friday, July 10th, 2009
BANGKOK (Reuters Life!) - Glittering temples, bargain-filled markets, stunning beaches and verdant golf courses: for an increasing number of visitors, Thailand is the ideal recession-friendly holiday ...
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Friday, July 10th, 2009
(AFP)--Thailand's government Friday announced a complete ban on protests on the southern resort island of Phuket during a regional summit that U.S. Secretary of State Hillary Clinton is due to atten...
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Friday, July 10th, 2009
BANGKOK, July 10 (Xinhua) -- Thailand reported 146 more influenza A/H1N1 cases on Friday, bringing the country's total number to 3,071, according to local media report. Of the cumulative total cases,...
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Friday, July 10th, 2009
Chen Zhili, vice chairwoman of the Standing Committee of the National People's Congress, China's top legislative body, met Friday with a delegation from the Cambodian National Assembly. The delegation...
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Friday, July 10th, 2009
10/07/2009BangkokPost.com Cambodia is reported to have deployed six tanks and a large number of troops along its border with Thailand near Preah Vihear temple on Friday morning.
It was also reported that Thai troops have built 20 large bunkers to strengthen their positions on the border against any Cambodian troop incursions.
Chief of the Sao Thong Chai Tambon Administrative Organisation in Si Sa Ket’s Kantharaluck district, Boonmee Buatan, said he had warned people to refrain from traveling to border area near the ancient Khmer temple.
He was also in touch with state agencies in case people needed evacuating if there was any fighting.
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Friday, July 10th, 2009
Thailand reported two more swine flu-related deaths yesterday and ordered some private schools to close for two weeks because of recent spikes in cases. It also asked Internet cafes and arcades to con...
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Friday, July 10th, 2009
Hanoi - Vietnamese Prime Minister Nguyen Tan Dung is to meet Friday with Thai Prime Minister Abhisit Vejajiva and plans to discuss the exploitation and use as well as the protection of the Mekong Rive...
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