International tourist arrivals to Cambodia drop in the first 10 months of this year. (Photo: The Phnom Penh Post)Phnom Penh (VNA) – The Cambodian government on December 24announced a seventh round of stimulus measures for the aviation and tourismsectors, aiming to boost their business activities and ease their financialburden in the face of severe challenges stemming from the spread of COVID-19.
The measures will extend the 10 percent minimum tax exemption for all airlinesregistered in Cambodia for a period of three months from January to March nextyear, the government said in a press release.
At the same time, the government has extended the payment of civil aviationfees for three months and allowed the airlines to arrange for the payment ofdebts outstanding in installments after the extension period.
The government will also extend its 40 USD payments to suspended employees intourism-related businesses, including hotels, guesthouses, restaurants andtravel agencies based in Phnom Penh, Kampot, Preah Sihanouk, Kep and Siem Reapprovinces or Bavet and Poipet towns.
Cambodia Chamber of Commerce vice-president Lim Heng noted that this latestround of stimulus measures would better serve to alleviate the burden on thepublic sector and allow businesses to stay afloat during this time.
According to data from the Ministry of Tourism released early this month,international tourist arrivals to Cambodia in the first 10 months of this year dropped76.1 percent year-on-year./.
VNA
