The Cambodian government on Friday approved a new draft taxation law which is said to contribute to promoting and enhancing the Cambodian business sector, increase the favorable investment environment, and strengthen fiscal compliance. The approval was made at a weekly cabinet meeting, chaired by Prime Minister Hun Sen, according to a press release. The new […]
Read MoreCambodian and Chinese central bank officials have discussed the promotion of local currency settlement for cross-border trade between the two countries, said a statement released by the National Bank of Cambodia (NBC) on Saturday. The talks were held between NBC’s Deputy Governor Chea Serey and Xuan Changneng, vice governor of the People’s Bank of China, […]
Read MoreSingapore-registered Colben System Ptd Ltd and British Virgin Islands-registered Colben Energy Holdings (PPSEZ) Ltd have withdrawn their claims after they lodged a notice of arbitration at the Singapore International Arbitration Centre alleging that Royal Group Phnom Penh SEZ Plc (PPSP) had breached certain terms of a joint venture entered into by PPSP and one of […]
Read MoreCambodian businesses were yesterday urged to invest more in cybersecurity and also to strengthen their interaction with the government to exchange ideas and share concerns in this area. Giving his opening remarks on ‘Future of Cybersecurity in Asia’ on the second day of the Digital Economy Forum in Phnom Penh, Phannarith Ou, Director of Information […]
Read MoreSenior Official of Cambodia has inspired all stakeholders to continue working hard to attain $15-billion worth of Cambodia-Thailand bilateral trade volume set by the two countries’ Prime Ministers. The encouragement was made by Pan Sorasak, Cambodian Minister of Commerce, in his keynote speech at a workshop on Future Direction of Trade and Investment Opportunities in […]
Read MoreAround 90 percent of the construction of Angkor Siem Reap International Airport has been completed and is set for an official inauguration in October. An update regarding the construction of the airport was provided after an inspection by the steering committee yesterday. Tekreth Samrach, secretary of state at the Council of Ministers, led the team. […]
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