Cambodia extends tax holidays for airlines, tourism-related businesses

Protesters calling for benefits after their textile factory was shuttered amidst the economic downturn related to the Covid-19 coronavirus pandemic in Phnom Penh on July 29, 2020.- AFP

PHNOM PENH (Xinhua): The Cambodian government on Friday (July 31) extended tax breaks for aviation companies and tourism-related businesses for another two months to help offset losses caused by the Covid-19 pandemic, according to its press statement.

"Although people have gradually returned to their jobs and businesses, garment-textile sector, tourism and aviation, hit the hardest by the Covid-19, have neither recovered nor stabilised yet," the statement said.