The agreement that Cambodia signed on double-taxation avoidance (DTA) with Malaysia on Sept 3, 2019, during the visit of Malaysian Prime Minister Tun Dr Mahathir Mohamad to Phnom Penh has been finally ratified by Malaysia. Under the DTA, double taxation will be avoided in that any tax paid in Cambodia by Malaysian companies in accordance […]
Read MorePchum Ben Festival has now begun and Phnom Penh market stalls have seen a drop in sales for clothing and kitchenware, causing a rise in prices. Pchum Ben – Ancestors’ Day – is the biggest religious festival for Cambodian Buddhists to pray for their dearly departed relatives. The whole ceremony takes up 15 days and […]
Read MoreThe price of Cambodia’s premium fragrant rice export market is promising compared with Thailand and Vietnam’s, according to a rice exporter. Two types of the staple food, Phka Malis and Phka Rumduol 5 percent broken (the best quality) is $900 per tonne for their free-on-board (FOB) price while Thai Jasmine rice is $990 per tonne […]
Read MoreCambodia, as well as other Asean members, have yet to maximise the benefits of its regional trade framework, according to comments made by Prime Minister Hun Sen during his most recent cabinet meeting. Mr Hun Sen added they must be further improved to gain an advantage in upcoming trade deals with China, South Korea, Japan […]
Read MoreThe Cambodia frozen food market is forecasted to reach USD 119.56 million by 2024 growing at a CAGR of 3.9% during the forecast period (2019 – 2024). High influence of Western food and increasing tourism are the prime factors for the growth of the market studied. Recently, the Cambodian population have adopted the trend of […]
Read MoreThe Ministry of Public Works and Transport (MPWT) is seeking to open a new international border gate with Vietnam to facilitate container cross-border traffic between the two countries, according to an MPWT official. Nou Savath, secretary of state at the Ministry of Public Works and Transport, said, during the 20th Cambodia-Japan public-private sector meeting that […]
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