Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Govt tax revenues up 9pc in August to $56m

Govt tax revenues up 9pc in August to $56m

Govt tax revenues up 9pc in August to $56m

GOVERNMENT tax revenues climbed nearly 9 percent in August, an official at the General Department of Customs and Excise said Tuesday.
The civil servant, who declined to be named, said August tax income reached US$56 million last month, up from $51.4 million in July.

“During the month [of August], our revenues were mostly from imports – especially from vehicle imports. On exports, we did not make much,” he said, adding that the economic crisis had hurt Cambodian trade.

Stricter enforcement has resulted in most of the gains, according to government officials. In a bid to increase revenues, the government says it has clamped down on certain sectors of the economy that had previously avoided tax.

“We are still trying our best to collect taxes to raise revenues, especially following the prime minister’s order to collect tax on motorbikes and other vehicles which have been imported without paying tax,” the customs and excise official said.

Minister of Economy and Finance Keat Chhon has previously told the Post that the government is aiming for yearly tax revenues of US$500 million for 2009, which would represent a 25 percent increase on last year’s $400 million.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said