News

PM: no customs privatization

In his speech to commemorate the 65th anniversary of the Customs and Excise Department, he said the proposal to privatize the collection of customs and excise duties was politically motivated to put pressure on the government.   ...

Chea vannak
http://www.khmertimeskh.com/news/26679/pm--no-customs-privatization/

Review of financial policies needed: World Bank

In the face of global economic fragility, the Cambodian government needs to review its fiscal policies and deepen its pockets – building a “buffer” for use in times of crisis, the World Bank has warned. The World Bank’s Global Economic Prospects 2015 report states that Cambodia ...

Eddie Morton
http://www.phnompenhpost.com/business/review-financial-policies-needed-world-bank

Oil plunge a boon for developing nations: WB

Oil-importing nations such as Cambodia should be first in line to benefit from the oil-price decline provided they swiftly enact reforms to reinvest savings into strengthening fiscal policy and human capital, according to the World Bank. ...

Eddie Morton
http://www.phnompenhpost.com/business/oil-plunge-boon-developing-nations-wb

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