Cambodia and Thailand yesterday agreed to seek more strategies to boost bilateral trade, cross border development and investment to achieve the target of $15 billion in trade exchange between the two Asean neighbours by 2020. Both countries also reached an agreement on double tax avoidance and preventing the declaration of fraudulent income to avoid tax […]
Read MoreForeign Affairs Minister Prak Sokhonn yesterday met his Lao counterpart Saleumxay Kommasith to discuss how to resolve remaining issues along the border between the two countries. The talks came four days after Prime Minister Hun Sen and Lao Prime Minister Thongloun Sisoulith met on the matter and agreed on four points to resolve disputes along […]
Read MoreCambodia and Laos have agreed to create a joint committee to solve a long-running border dispute between the two countries, officials announced yesterday. Cambodian Foreign Affairs Minister Prak Sokhonn and his Laotian counterpart Saleumxay Kommasith made the announcement at a press conference at the Ministry of Foreign Affairs after two days of meetings. According to […]
Read MoreWhile tariffs across the Asia-Pacific region have dropped over the last 20 years as a result of bilateral and multilateral trade agreements, nontariff barriers such as red tape and quotas continue to hinder the economic growth of Cambodia and other countries in the region, the Asian Development Bank (ADB) said in a report released yesterday. […]
Read MoreThe cabinet yesterday approved a draft agreement for an exemption from double taxation between Thailand and Cambodia, aiming to promote investment links with the private sectors of the neighbouring nations. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, once in effect the deal will play a key role in enhancing Thai investment […]
Read MoreThe Ngeay Ngeay (Easy Easy) Business Information Platform was officially launched last week to help entrepreneurs, especially women, access business information and Cambodian laws. The Business Information Platform aims to make business registration information accessible for all. Reach Ra, secretary of state at the Ministry of Commerce who presided over the launch, said on Thursday […]
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