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Cambodia has enacted the eagerly-awaited new Law on Taxation, which aims to improve the national tax regime’s compliance with present and future international standards and economic conditions; encourage accountability, effectiveness and transparency in the collection process; and promote investment in the Kingdom.
The Kingdom’s top diplomat voiced optimism that the Cambodia-Korea Free Trade Agreement (CKFTA), which entered into force on December 1, will further enhance trade and investment between the two countries, according to the foreign ministry.
A bilateral meeting between Cambodian and South Korean leaders last weekend is expected to bolster imports and exports between the two countries as the two-way Cambodia-Korea Free Trade Agreement (CKFTA) enters into force on December 1, analysts have said.
Phnom Penh has asked Seoul to complete its internal procedures as soon as possible for the bilateral Cambodia-Korea Free Trade Agreement to enter into force, which will stimulate trade between the two countries to “another level”, according to a commerce ministry spokesman.
Naa Dikomwine Domalae, President of the Upper West Regional House of Chiefs, says finding solutions to Ghana’s economic challenges require collective efforts from the citizenry. He said ensuring the well-being of the people was a joint responsibility and the government could not do it alone, without required collective efforts and…