News

US Ambassador Says Corruption Scares Off American Firms

U.S. Ambassador William Todd on Thursday said that despite his efforts to promote Cambodia as an attractive destination for business, major American companies are reluctant to invest here as they still perceive the country as indelibly corrupt. “I believe now is the time for big U.S. ...

Ben Woods and Phorn Bopha
http://www.cambodiadaily.com/business/us-ambassador-says-corruption-scares-off-american-firms-42799/

Most U.S. Firms Plan to Expand Business in SE Asia: Amcham

Eighty-five percent of U.S. companies in Southeast Asia plan to expand their business as the region will become more important in the next two years, the American Chamber of Commerce (AmCham) in Singapore said on Monday. “ASEAN continues to grow in importance for businesses in the ...

http://www.reuters.com/article/2011/09/05/us-firms-asia-idUSTRE78411L20110905

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