Author: Justin Smith
Source: Business Intelligence-Middle East
Published: 14 January 2008
Excerpt from Global Property Guide
For the full report, log on to www.globalpropertyguide.com
Cambodia could be a proxy for China. Strongly tied to the Chinese economy, Cambodia is open, has high yields, relatively low transaction costs and low taxes, though investors must be prepared for only an indirect acquisition of land due to constitutional limitations on foreign purchases.
4 comments:
What will happen to the Cambodia's economy as the US and Chinese economy are drastically cooling off?
It does not sound too encourage for the Cambodia's economy. The economy is depends on these two players.
This is called a soft economic imposition against the government of Cambodia.
The volitality in the Korea region causes unrest. Also, if the North Korea leader test another nuclear, then the South Korea will be nervous, not aid or tourism for Cambodia. We can surely imagine all the possibility of the callapse of dominoes.
Rest assured, Cambodia will hit the hardest.
To 4:13 PM.
You think too much.
The US and China are the masters of the world now ( economy and military).
If you have those 2 counrties on your side, the prosperity is not far.
yep thats true
Why any of you talk about Thailand or Vietnam? At least most products from US and China come with import tax and even higher than VN and Thailand and others while most products and other commodities from VN and Thailand are smuggling and smugglers.
You know? I, lasr week, bought a Honda Dream 2008 with USD1620, with just about 220,000Riel (USD60) Import Tax Receipt But my sister bought Chinese Motorcycle yesterday with just USD550/unit but with 410,000Riel (USd103). Let's think together how big is the tax gap and retailing price and how Honda NCX manage to pay lowest tax to get their investment here and how they will pay the real 10%VAT and...
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