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CLV negotiations make headway

Following a meeting of high-ranking officials last weekend in Kratie province, Cambodia, Laos, and Vietnam (CLV) have agreed on nearly two-thirds of an action plan to promote economic connectivity in the area. The 12th meeting of the Joint Coordination Committee on Cambodia-Laos-Vietnam Development Triangle Area (CLV DTA JCC) took place over the weekend in the […]

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Cambodia: ‘Indonesian investors ignoring Kingdom’

Direct investors from Indonesia have been ignoring Cambodia despite trade and tourism between the two countries growing annually, the Indonesian Ambassador to Cambodia Sudirman Haseng said. Indonesian news agency Antara recently reported that Ambassador Haseng said the main reason that Indonesian entrepreneurs have not been doing business in Cambodia is due to a negative perception […]

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Cambodia: Transfer pricing takes the spotlight

A year and a half after the law was introduced, the General Department of Taxation yesterday called on all corporations to abide by the Transfer Pricing Law. Following the Transfer Pricing Law will facilitate the process of filing tax returns, Traing Lay, director of GDT’s advanced pricing arrangement and transfer pricing bureau, said during a […]

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Manila, Phnom Penh to be connected by direct flight in April

Philippine Airlines yesterday said the maiden flight for its Manila-Phnom Penh route, the first direct flight between the two cities, will take to the skies on April 2. The Philippines’ national flag carrier will operate the route five times a week, connecting Phnom Penh International Airport and Manila’s Ninoy Aquino International Airport. James J. Bautista, […]

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Cambodia: Big rise in funds for travel goods manufacturing

Cambodia has seen investment in the manufacture of travel goods soar noticeably in early this year as the Council for the Development of Cambodia (CDC) figures reveal grants for bag manufacturers accounted for nearly half of all investment projects. Industry insiders claim the spike is due to tariff privileges Cambodian-made travelling goods receive from the […]

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