The General Department of Taxation (GDT) has officially launched a mediation software tool to help with financial management information systems and tax data management. The purpose of introducing it is to modernise and automate revenue-sharing data between the tax data management and financial information. The system functions by transferring revenue data from the tax data […]
Read MoreThe Asian Development Bank (ADB) has revised its 2020 growth forecast, predicting Cambodia’s economy will contract 4 percent, from its previous prediction of a 5.4 percent contraction in June, because of improved agricultural performance and increased volume of non-garment manufacturing. It added that it expects the local economy to rebound to grow 5.9 percent in […]
Read MoreCambodia and Indonesia have reached an agreement on double tax avoidance (DTA), the General Department of Taxation (GDT) said on Tuesday. If the remaining approval procedures are completed in the course of 2020, the DTA could take effect from as early as January 1, said the GDT. It said the agreement will protect nationals of […]
Read MoreThe Kingdom’s draft framework agreement for the development of a logistics centre is being discussed, according to the Ministry of Public Works and Transport (MPWT). Sun Chanthol, the minister of MPWT, said the Phnom Penh Logistics Complex (PPLC) is a potential centre to promote Cambodia’s transportation sector to be more efficient and competitive with countries […]
Read MoreThe General Department of Taxation (GDT) has extended until next year the deadline to implement a new e-filing method of tax collection. This the second delay: The initial schedule was to start at the end of August. According to the announcement, the delay was made after suggestions from the private sector and the Ministry of […]
Read MoreWith the Association of Southeast Asian Nations emerging as China’s largest trading partner, Best Inc, a Chinese integrated supply chain and logistics solutions provider, will build more service networks in the bloc’s member economies. Earlier this year, the Hangzhou-headquartered company started to operate cross-border services between China and five Southeast Asian markets. Based in Zhejiang […]
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Thailand
