រដ្ឋាភិបាល

Finance Ministry Accused of Ignoring Education Sector

The Ministry of Education on Tuesday again publicly accused the Ministry of Finance of not injecting enough funds into the education sector in order to bring Cambodia in line with the rest of Southeast Asia. Speaking at the close of a two-day workshop to formulate the ...

Kuch Naren
http://www.cambodiadaily.com/news/finance-ministry-accused-of-ignoring-education%E2%80%88sector-41040/

Cambodia expects double growth in rice exports this year: minister

Cambodia was expected to export as much as 400,000 tons of milled rice in 2013 thanks to rising demand on international markets and the country’s efforts in developing rice industry, Agriculture Minister Chan Sarun said Tuesday. “We project that Cambodia can export up to 400,000 tons ...

Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-08/27/c_132667860.htm

Bribes on rise for test takers

More than half a million dollars in bribes were paid to teachers during last month’s national exams by high school students in Phnom Penh alone, the authors of a new study have found. The study, conducted by the Youth Resource Development Program, found that the average ...

http://www.phnompenhpost.com/national/bribes-rise-test-takers

Cambodia investment scams rising

The National Consumer Affairs Center of Japan and related bodies are warning of a rise in fraudulent investment schemes involving real estate in Cambodia, where economic growth is boosting foreign investment. The center received 1,312 inquiries between October 2011 and early this month from consumers who ...

The Japan Staff News Staff
http://www.japantimes.co.jp/news/2013/08/27/national/cambodia-investment-scams-rising/#.Uh1Rq9KBmN8

After poll, confidence dips: study

Confidence in the Cambodian economy has plummeted roughly 50 per cent in the tense post-election period, according to a market research survey of foreign business leaders working in the country. The survey, conducted by Indochina Research and seen by the Post this week, found that 98 ...

http://www.phnompenhpost.com/business/after-poll-confidence-dips-study

Court Questions Cambodian, Chinese Businessmen Over Fraud

The Phnom Penh Municipal Court on Monday questioned two businessmen over allegations of fraud and using forged public documents, including claims they faked a signature from Prime Minister Hun Sen in a mining transaction, court and police officials said. Deputy prosecutor Var Sakada said Cambodian Al ...

http://www.cambodiadaily.com/news/court-questions-cambodian-chinese-businessmen-over-fraud-40923/

UK to Request Extradition of Biofuel Company’s Chairman

The U.K.’s fraud office plans to request the extradition of a British national currently detained in Cambodia, after it brought charges against four people for their part in a $36 million Ponzi scheme involving a biofuel plantation. Gregg Fryett was arrested in Phnom Penh in March ...

Simon Lewis
http://www.cambodiadaily.com/news/uk-to-request-extradition-of-biofuel-companys-chairman-40796/

UK to Request Extradition of Biofuel Company’s Chairman

The U.K.’s fraud office plans to request the extradition of a British national currently detained in Cambodia, after it brought charges against four people for their part in a $36 million Ponzi scheme involving a biofuel plantation. Gregg Fryett was arrested in Phnom Penh in March ...

Simon Lewis
http://www.cambodiadaily.com/news/uk-to-request-extradition-of-biofuel-companys-chairman-40796/

New container terminal may not deliver for Cambodia

Shallow draft, lack of rail connectivity, uneasy relations with Vietnam, and the general slowdown may leave LM 17, Cambodia’s brand new $28-million container terminal near Phnom Penh, up the strait. Even if the terminal achieves the targeted throughput of 110,000 TEUs (it has moved 70,000 so ...

Hindu Business Line News Staff
http://www.thehindubusinessline.com/industry-and-economy/logistics/new-container-terminal-may-not-deliver-for-cambodia/article5061737.ece

Cambodia's oil imports down 5.6 pct in first half of 2013

Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the January-June period this year, the ...

http://news.xinhuanet.com/english/business/2013-08/26/c_132664169.htm

(English) US investors cite corruption as major issue

Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business ...

Simon Henderson
http://www.cambodiadaily.com/business/us-investors-cite-corruption-as-major-issue-40520/

US, Australia Continue Call For Credible Election Inquiry

In the wake of an announcement by the National Election Committee (NEC) that it has completed its investigation into election irregularities, the U.S. and Australian embassies in Phnom Penh on Monday continued to call for an independent and transparent inquiry into the results of the ...

Colin Meyn
http://www.cambodiadaily.com/elections/us-australia-continue-call-for-credible-election-inquiry-40185/

US Taxman Provides Investigation Training

The U.S. tax collection agency is this week training Cambodian bank staff as well as anti-corruption officials, police, judges and prosecutors in how to investigate financial activity to detect wrongdoing, officials said Monday. U.S. Embassy spokesman Sean McIntosh said the program, called Intermediate Financial Investigations Training, ...

http://www.cambodiadaily.com/business/us-taxman-provides-investigation-training-40220/

BHP Billiton Faces Bribery Charges After Abandoned Project

The U.S. Department of Justice (DOJ) and the country’s financial regulator have informed Australia-based mining giant BHP Billiton it could still be charged over allegations the company bribed overseas officials, which include claims of improper payments to members of the Cambodian government. Prime Minister Hun Sen ...

http://www.cambodiadaily.com/news/bhp%E2%80%88billiton-faces-bribery-charges-after-abandoned-project-39998/

Government Downplays Cuts to US Military Aid

The government on Wednesday insisted that its decision to postpone U.S.-backed military assistance programs following the July 28 election would not have a negative impact on relations between the two countries. Marie Harf, the spokeswoman for the U.S. State Department, also said on Tuesday that ...

http://www.cambodiadaily.com/news/government-downplays-cuts-to-us-military-aid-39568/

Despite Popularity, Rainsy’s Role Remains Uncertain

When opposition leader Sam Rainsy last touched down at Phnom Penh International Airport, he was greeted by some 100,000 supporters in what was the largest opposition rally in Cambodia’s 20 years of democracy. When he returns on Friday from the U.S., where he has been at­tending ...

http://www.cambodiadaily.com/elections/despite-popularity-rainsys-role-remains-uncertain-39565/

Cambodia Delays US Military Aid

Cambodia postponed U.S.-backed military assistance programs immediately after the July 28 national election, officials of both countries confirmed Tuesday, in a move that analysts said reflects a strain in relations after years of strengthening military ties. The U.S. has in recent years expanded training and other ...

http://www.cambodiadaily.com/news/cambodia-delays-us-military-assistance-39509/

Sok An, US Ambassador Discuss Formation of National Assembly

Deputy Prime Minister Sok An met with the top U.S. diplomat in Cambodia on Friday to discuss the formation of the country’s National Assembly following the disputed July 28 election. Both the ruling CPP and opposition CNRP claim to have won the ballot, and the opposition ...

Simon Lewis
http://www.cambodiadaily.com/elections/sok-an-us-ambassador-discuss-formation-of-national%E2%80%88assembly-39090/

In Cambodia, Cyber Casinos Fall Into a Legal Gray Area

In 2010, the Ha Tien Vegas Entertainment Resort, a casino investment on Kampot province’s border with Vietnam that included luxury karaoke rooms and suites, launched with high hopes of attracting Vietnamese gamblers. At the end of December, Ha Tien Vegas closed down. To the north, in ...

http://www.cambodiadaily.com/selected-features/in-cambodiacyber-casinos-fall-into-a-legal-gray-area-38322/

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