Posted inAT Finance, Cambodia, China, European Union, South Asia, Thailand, World

Cambodian paper’s demise bad for business

One of Cambodia’s most respected independent newspapers, The Cambodia Daily, closed last week after being handed a US$6.3 million back tax bill with interest that its owners couldn’t pay. The government’s tax department said the plucky paper, owned by an American citizen, had evaded taxes for years, a charge its owners have denied. While commentators viewed […]