The Belt and Road Initiative (BRI), a global infrastructure development strategy adopted by China, has helped address infrastructure deficits in Cambodia, said an economist. BRI has also helped reduce trade and transport costs in the Kingdom, Dr Jayant Menon, a Senior Fellow with ISEAS – Yusof Ishak Institute, said yesterday. He was speaking at a […]
Read MoreEven as a new negotiation is in progress for further commercial exploration into the Block A of Cambodia, a crude oil sale agreement was recently signed between government officials, the shipment company and the buying firm to divide the revenue from the sale as a percentage to each party of the deal, according to senior […]
Read MoreThe increasing use of digital technology and big data hold the key to fast-tracking post-Covid-19 economic recovery in Southeast Asia (SEA), including Cambodia, said an Asian Development Bank (ADB) report launched recently. The report titled ‘Harnessing the Potential of Big Data in Post-Pandemic Southeast Asia,’ found that public institutions that have embraced big data because […]
Read MoreSun Chanthol, Minister of Public Works and Transport, has been appointed as Chairman of the Inter-Ministerial Commission The government has formed an inter-ministerial commission to accelerate the implementation of the expressway infrastructure project connecting Phnom Penh to Bavet city. The expressway infrastructure project connecting Phnom Penh to Bavet has been proposed for investment by China […]
Read MoreTaxpayers and tax practitioners in the country have been caught in the middle for the last couple of months with the Kingdom now following two official foreign exchange rates – one fixed by the National Bank of Cambodia (NBC) and the other by the General Department of Taxation (GDT). Though the two official rates for […]
Read MoreThe government will soon introduce an amended law on taxation that is aligned with the provisions of the new Investment Law, said Kong Vibol, Delegate of the Royal Government in charge as Director General of the General Department of Taxation, yesterday. Giving the keynote address at the first Tax Updates and Audits Forum organised by […]
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