News

Malaysian firm wagers on Sihanoukville's potential

An obscure Malaysian company has obtained approval from Cambodia’s Council of Ministers to develop hotels and casinos in Sihanoukville, with an online promotional video claiming the firm will transform the coastal city into the “Macau of Southeast Asia.”     ...

Sor Chandara
http://www.phnompenhpost.com/business/malaysian-firm-wagers-sihanoukvilles-potential

Hun Sen promotes price lists for public institutions

Prime Minister Hun Sen has urged public institutions to provide clear terms of reference for the services they provide, as part of an effort to attract investment in the Kingdom. Institutions that did not implement this policy would be punished under the law, he said. ...

http://www.phnompenhpost.com/2013013061065/Business/hun-sen-promotes-price-lists-for-public-institutions.html

Anti-corruption bonus yet to be seen

Customs and Excise Department officials are complaining that a promised salary bonus meant to serve as an incentive to avoid corruption has yet to be doled out, even though the program began last June. The initiative, managed by the Ministry of Economics and Finance, was supposed ...

http://www.phnompenhpost.com/2013011160738/National/anti-corruption-bonus-yet-to-be-seen.html

ACU takes aim at bribes

The Anti-Corruption Unit has set its sights on illegal fees paid at the commune level and intends to stamp out a decades-old culture of bribery within the next four months, ACU officials announced yesterday. At a press conference, acting ACU president Chhay Savuth said that 22 ...

http://www.phnompenhpost.com/index.php/2012050956060/National-news/acu-takes-aim-at-bribes.html

Property tax deadline moved to year's end

Due to a lack of available tax collectors, the Ministry of Economics and Finance once again delayed collections on the 0.1 percent property tax on all immovable property worth approximately $25,000 or more, according to a ministry notice issued yesterday ...

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