News
Cambodia’s Hun Sen Slams U.S. Threats Over Aid
Cambodian Prime Minister Hun Sen on Friday criticized U.S. threats to cut aid to the impoverished Southeast Asian nation if its election wasn’t free and fair, and dared American lawmakers to follow through on their warning. His comments came after U.S. lawmakers started processes in the ...
http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-293500/
More local software urged : UNCTAD
Less developed countries should promote domestic software development that meets local needs and capabilities, bringing development gains, a United Nations Conference on Trade and Development (UNCTAD) report published last week says. Locally developed software is more likely to fit the culture, context and language where it ...
http://www.phnompenhpost.com/index.php/2012120360049/Business/more-local-software-urged-unctad.html
Government Allocates More Than $3 Billion in 2013 Budget
The government has allocated more than $3 billion for total government spending in 2013, an increase of 19.2 percent on the $2.6 billion the government planned to spend in 2012, according to a statement issued by the Council of Ministers on Friday. The statement did not ...
Corruption remains problem, but democracy just fine: poll
Eighty-two per cent of 1,200 people surveyed feel that Cambodia’s democracy works, despite 50 per cent calling corruption a major issue in the national government, according to figures released by the Center for Advanced Study yesterday. The CAS, a non-partisan research NGO, disseminated the results of ...
Sold
Last year saw a record increase in economic land concessions and the area controlled by agro-industrial companies jumped to more than 2 million hectares nationwide, according to human rights groups who track such projects. Mining companies are also flocking to Cambodia and those already have ...
http://www.camnet.com.kh/cambodia.daily/selected_features/Carving%20Up%20Cambodia.pdf
Report Says Reforms Were Hard to Drill Home at Petrol Authority
The Cambodian National Petroleum Authority restricted vital information and failed to cooperate with consultants working for the Asian Development Bank who were deployed to the authority between 2007 and 2010 as part of a $1 million project to strengthen governance at the body, a new ...
The New Asian Century
With growing uncertainty in the US economy and an unfolding fiscal and debt crisis in the Eurozone after the global recession in 2008, Asia is expected to continue leading the global recovery. Under such circumstances, the 21st Century is emerging as the “New Asian Century”, ...
Accounting for the Bourse
Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial ...
http://www.phnompenhpost.com/index.php/2011081751090/Business/accounting-for-the-bourse.html