Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Corruption

Corruption

Corruption

US chambers of commerce in the region have called on ASEAN nations to draft a

regional agreement to fight corruption. In a statement released November 1, the

so-called AmChams said corruption was a "major disincentive" to US investors. US

companies are bound by the provisions of the Foreign Corrupt Practices Act,

which forbids the bribing of foreign officials. Companies from many other

countries are not similarly restricted. Bretton Sciaroni, the head of the

American-Cambodian Business Council, said the idea behind the statement was "to

plant the seed" of an agreement. The AmChams of Cambodia, Indonesia, the

Philippines, Singa-pore, Thailand and Vietnam represent investments totaling

around $50 billion.

RECOMMENDED STORIES

  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all