All organisations and institutions associated with the Royal Government of Cambodia have started implementing the new taxes on the annual income of individuals and sole proprietorship businesses and monthly salaries of resident employees from January 1, 2023, following a new sub-decree issued on September 28, 2022. Individuals and sole proprietorship enterprises that generate from zero […]
Read MoreBanks in Thailand and elsewhere in Asia-Pacific are being pressured to improve their digital banking services in 2023, as more tech companies are expected to join the industry amid the use of cloud technology, says cloud banking platform Mambu. Mambu’s annual “Partner Predictions” report indicated tech firms are among the new players competing with traditional banks […]
Read MoreCambodia exported $5,671 million worth of goods to the members of the Regional Comprehensive Economic Partnership (RCEP) countries in eleven months of last year, an increase of 5 percent compared to the same period last year, data from the Ministry of Commerce showed yesterday. Cambodia’s top three export RCEP destinations were Vietnam, China and Japan […]
Read MoreThe Ministry of Finance has suggested solutions related to fiscal and tax policies in support of citizens and businesses this year, Deputy Minister of Finance Nguyen Duc Chi told the government’s regular press conference on January 3. Chi said fiscal and tax support policies have been put in place since the COVID-19 pandemic broke out. […]
Read MoreA delegation from a high-end fashion and accessories producer has decided on Cambodia as their investment destination. They came to this conclusion after having met the Minister Delegate to the Prime Minister and Secretary General of the Council for Development of Cambodia (CDC), Sok Chenda Sophea yesterday. The delegation held detailed discussions on the necessary […]
Read MoreThe Thai baht is expected to have a strong year in 2023, buoyed by an influx of Chinese tourists and slowed US rate hikes. Bangkok Post reports that Thailand’s currency may get a boost from a potential rise in the Consumer Price Index (CPI), as well as the US Federal Reserve Bank’s tightening cycle nearing its end. […]
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