News
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/
NGOs Say ‘Rose Revolution’ Case Is Baseless
Rights groups on Monday urged the government to drop its incitement charges against four people arrested last week and accused of plotting to topple the government by handing out yellow roses to security forces and urging them to turn their guns against Prime Minister Hun ...
http://www.cambodiadaily.com/news/ngos-say-rose-revolution-case-is-baseless-40188/
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/
Four Arrested In Attempt to Inspire ‘Rose Revolution’
Police said Sunday they have arrested four people believed to be involved in a conspiracy hatched by a dissident Khmer-American group plotting to topple the government of Prime Minister Hun Sen. Two men and two women were arrested on Thursday suspected of attempting to hand out ...
http://www.cambodiadaily.com/news/four-arrested-in-attempt-to-inspire-rose-revolution-39976/
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 ...
Rainsy Says Those Behind Boeng Kak Deserve Jail
Opposition leader Sam Rainsy on Monday vowed to return Phnom Penh’s beleaguered Boeng Kak neighborhood to its residents and to have those who filled the lake with sand thrown in jail, should the opposition CNRP ultimately prevail in contesting the unofficial results of last month’s ...
http://www.cambodiadaily.com/elections/rainsy-says-those-behind-boeng-kak-deserve-jail-38399/
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