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/

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 ...

http://www.phnompenhpost.com/index.php/2012052456361/National-news/corruption-remains-problem-but-democracy-just-fine-poll.html

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 ...

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

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