Written by Nathan Green
The Phnom Penh Post
CAMBODIA was ranked behind most other Southeast Asian nations in a UN survey of global economic competitiveness released Monday, which found that more investment was needed in skills training for the Kingdom's workforce.
The report coincided with two other joint studies from the World Bank, Asia Foundation and International Finance Corporation (IFC), which concluded that Cambodia needed to improve its business climate.
"Increasing Cambodia's competitiveness is a necessity, not a choice, if the country is to sustain economic growth, reduce poverty and keep pace with its ASEAN neighbours," the report by the UN Development Programme said.
Phnom Penh was ranked behind all 23 provincial capitals in the Provincial Business Environment Scorecard, which was produced by the Asia Foundation and IFC. Kampong Cham was ranked at the top for ease of doing business.
"There are some excuses, but it is crucial that Phnom Penh does see some improvements in the business environment," said Veronique Salze-Lozac'h, regional director of economic programs for The Asia Foundation. The World Bank study found corruption to top the list of obstacles to business.
The report coincided with two other joint studies from the World Bank, Asia Foundation and International Finance Corporation (IFC), which concluded that Cambodia needed to improve its business climate.
"Increasing Cambodia's competitiveness is a necessity, not a choice, if the country is to sustain economic growth, reduce poverty and keep pace with its ASEAN neighbours," the report by the UN Development Programme said.
Phnom Penh was ranked behind all 23 provincial capitals in the Provincial Business Environment Scorecard, which was produced by the Asia Foundation and IFC. Kampong Cham was ranked at the top for ease of doing business.
"There are some excuses, but it is crucial that Phnom Penh does see some improvements in the business environment," said Veronique Salze-Lozac'h, regional director of economic programs for The Asia Foundation. The World Bank study found corruption to top the list of obstacles to business.
5 comments:
no surprise there. for people in the current government, corruption is their way of doing businesses. what is really sade is that Cambodians seem to accept it is as part of the country's way of life! Otherwise, they kicked them out long ago!
11:37Pm Cpp cannot be kicked! Hun sen controls police and arm forces! Cambodians are chicken to start revolution! Country needs another Pol Pot kind to kick Cpp out and that's the only way...stop wasting saliva! if you don't create war then stop barking here and let ah kwak rules forever! Well it's a fact! like it or Not!
i used to be political differences, now it's the use of corruption as a scapegoat perhaps to discourage people from doing businesses in cambodia. go figure! people always have some kind of fear or excuses not to do something, and they seem to always pick on the most vulnerable country perhaps like cambodia. i say, don't be so afraid with no real evidence. life sometimes is about taking risk and be adventurous too. otherwise, it beckons a question are these people really in for cambodia for real or are they just looking for a quick fix or quick profit in a short term on the expense of cambodia and our khmer people? one has gotten to wonder out loud sometime! maybe cambodia ought to screen businesses to make sure they are in for the long run, not just a quick run in and out of cambodia. really, cambodia and khmer people don't need this kind of business people as they have no real interest in helping cambodia at the same time as they are investing in cambodia's future as well. god bless cambodia.
Fool above! after many years of living in hell (Communist Pol Pot_) some of us Cambodian tried to break free if it was mean to live as jungle people!
Later come the UN promiss to give us not only freedom but also peace. As a peaceful loving people, we trusted to much to the world organazation and some old fools, we accept the peace agrrement by give up our arms and the protection of the jungle.
But UN never delivery what it promise to us and deliveied us to the hand of a bunch of suspected accompliced killer the ex Khmer Rouges!
What can we do now? Just hope some day our time will come or power of nature will help us take care of the injustice!
Some day heaven would heard our cry od suffering and ANGER!!!!!!!
Thank to no shit!!!!!!
1:53am! do you understand corruption?
Who can screen what if all ah Hun Xen CPP official are corrupted or die(Systenatic- corruption).
What ah Hun Xen goverment can do is screw Shihanouk the fool!
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