Tax treaty with Thailand mooted to boost trade

Cambodian and Thai commerce officials met yesterday in Phnom Penh for the 6th Joint Trade Committee (JTC) meeting between the two countries, according to a government press release.

Both sides agreed to work on a double taxation avoidance agreement for companies operating in Thailand and Cambodia.

Officials also discussed further ways to reach the goal of increasing bilateral trade to $15 billion by 2020, including an agreement to create a joint committee on border trade.

Commerce Ministers from Thailand and Cambodia will hold further meetings today to discuss trade potential.

MOST VIEWED

Locations shut, dozens more Covid-19 positive
The Ministry of Health has closed 23 locations in connection with the February 20 community transmission of Covid-19 and summoned for testing anyone who had direct contact with affected people and places. The number of discovered related infections has risen to 76, including 39 women. In a press release,
Covid cluster raises alarm, health bodies urge vigilance
The Ministry of Health and the World Health Organisation (WHO) in Cambodia have expressed great concern over the February 20 cluster transmission of Covid-19 in the community. Both entities appealed for vigilance and cooperation in curbing further spread of the virus. Ministry spokeswoman Or Vandine said
PM confirms third Covid-19 community transmission
Prime Minister Hun Sen on February 20 announced the Kingdom's third outbreak of Covid-19 community transmission after 32 people tested positive in just over 10 hours. Addressing the public from his residence after an emergency meeting, Hun Sen said: "I dub it February 20 Community Event, in which 32 cases
Cambodia to make auto-rickshaws
Locally-assembled electric auto-rickshaws could hit the Cambodian market as soon as early in May after the Council for the Development of Cambodia (CDC) gave the greenlight to an investment project at the weekend. According to a CDC press release, it will issue a final registration
Cambodia's Covid cluster cases rise to 137
The Ministry of Health on February 24 recorded 40 more cases of Covid-19, with 38 linked to the February 20 community transmission. Of the 40, two are imported cases involving Chinese passengers. The 38 include two Vietnamese nationals and one Cambodian, with the rest being Chinese. This brings the total cases
Howard Johnson opens in Sihanoukville
New York Stock Exchange- (NYSE) listed hotel franchiser Wyndham Hotels & Resorts Inc (WH) has opened its first hotel in the Kingdom – the Howard Johnson Plaza by Wyndham Blue Bay Sihanoukville, WH said in a February 18 press release. WH said the new 36-storey property in Sihanoukville’