News

US-ASEAN Business Council pledges more investment in Kingdom

Six major American corporations have committed to attracting US investment in Cambodia’s public infrastructure and transportation sectors to keep pace with the Kingdom’s socio-economic growth. The promise was made during a February 27 working meeting between a delegation from the US-ASEAN Business Council (US-ABC) and Minister ...

Sem Pisey
https://www.phnompenhpost.com/business/us-asean-business-council-pledges-more-investment-kingdom

US delegation urges gov’t to speed up reform

Cambodia must accelerate economic reform and develop a sense of “urgency” if it wishes to continue to attract American investment amid growing regional competition, the head of the US-ASEAN Business Council said yesterday. ... ...

Kali Kotoski
http://www.phnompenhpost.com/business/us-delegation-urges-govt-speed-reform

Tougher disclosure rules for resources giants

US-listed corporations in Cambodia, including Chevron, Total, CNOOC and ConocoPhillips, that are engaged in extractive industries are now required to comply with additional transparency rules. The US Securities and Exchange Commission (SEC) implemented new regulations last week, two years after the legislation was initially passed by Congress. Cambodian monitors ...

http://www.phnompenhpost.com/index.php/2012082858310/Business/tougher-disclosure-rules-for-resources-giants.html

US-Asean Delegation to visit Cambodia this month

A US-Asean Business Council delegation will visit Phnom Penh on March 19 and 20 to meet with government officials about current or potential investments in the country, American Cambodian Business Council President Bretton Sciaroni said. ... The meeting comes after a delegation of 11 Fortune 500 ...

Oil dispute optimism

A solution to the Overlapping Claims Area (OCA) in the Gulf of Thailand may be at hand due to the election of Puea Thai. Petroleum companies are said to to be ready to explore the region, an area of more than 27,000 square kilometers. A ...

http://www.phnompenhpost.com/index.php/2011072150552/Business/oil-dispute-optimism.html

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