South Korea’s largest retailer, E-Mart, will set up its first flagship store in Cambodia by the first quarter of 2019 after the department store and hypermarket signed an agreement with the conglomerate Royal Group on Friday. E-Mart was established in 1993 and has expanded to 160 branches in South Korea, selling clothes, food and beverage […]
Read MoreCambodia signed a double taxation agreement (DTA) with Brunei aimed at preventing dual taxation and fiscal evasion, the Ministry of Economy and Finance said yesterday in a press release. This is the third DTA agreement that Cambodia has signed after Singapore and China, while the government is currently developing framework agreements for DTAs with Russia, […]
Read MoreSINGAPORE – Manufacturing – now the brightest spot in the Singapore economy – turned in yet another outstanding performance last month, thanks largely to electronics makers. This allayed some concerns that factories, which have been a key growth driver this year, might be losing steam. Even if manufacturing continues powering ahead, however, the fact remains […]
Read MoreHANOI — Vietnam’s import of palm oil and paper from Indonesia could experience a year-on-year increase of 38 per cent, Indonesian ambassador to Vietnam Ibnu Hadi said on Wednesday. While addressing a seminar held by the Indonesian Embassy in Vietnam with the aim of linking the two countries’ businesses in the trade of palm oil […]
Read MoreSingapore-based airline Scoot, a low-cost carrier, announced its intention to expand its services into Cambodia and Laos, according to a report in Thai newspaper the Nation. Currently, Scoot has scheduled flight services to 65 destinations including Vietnam, Myanmar and Thailand. The company said that it has plans to include flights to Cambodia and Laos over […]
Read MoreThe General Department of Taxation (GDT) collected a whopping $1.19 billion in tax revenue during the first half of this year, an increase of 32 percent compared to the same period last year, led by a surge of value-added tax (VAT) and profit-tax revenue. The huge gains appear to be an indication that efforts by […]
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Thailand
