Saturday, 20 December 2014

Cambodia

European Anti-Corruption Law Could Reach Cambodia’s Oil, Forestry Sectors

The European legislation does not just cover oil and mineral wealth, but is extended to forestry resources as well.

The forest burns near Prey Long, Cambodia in this undated handout photo.The forest burns near Prey Long, Cambodia in this undated handout photo.
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The forest burns near Prey Long, Cambodia in this undated handout photo.
The forest burns near Prey Long, Cambodia in this undated handout photo.
Sothearith ImVOA Khmer
WASHINGTON DC - New European legislation passed last month could help transparency in the extractive industries, by forcing companies to declare payments to foreign governments rich in resources.

The EU legislation, approved Sept. 18, is similar to a new US law calling for the same thing. The European legislation does not just cover oil and mineral wealth, but is extended to forestry resources as well. And It covers private and public companies.

Lim Solinn, deputy director of Oxfam America’s East Asia office, said the law requires companies to disclose spending at the “project level.”

For resource-rich countries like Cambodia, that means much more transparency, she said. More than 95 percent of the world’s major extractive firms have shares in the EU or US stock exchanges, subjecting them to the transparency laws.

“Cambodians have faced difficulty in accessing information about payments made by such major extractive firms to the government,” she said. “Therefore, when this law comes into effect in 2014, the major firms have to publish their payments and people will know where the money goes and how it is managed so that it goes to effective investment to help with social development and poverty alleviation.”

Cambodia now has a “great opportunity” to follow the legislative examples of the West to draft its own transparency laws, she said. Oxfam America, an international donor to Cambodia, is asking Cambodia for more transparency and accountability in its extractive industries, she said.

“We hope that Cambodia will join the international transparency movement,” she said. “The first step is, Cambodia can show its willingness is to join [the Extractive Industries Transparency Initiative]. Cambodia can be a member to show its commitment to guaranteeing transparency in the extractive industries.”
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Hunting for Wild Honey in Cambodia's Forestsi
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17 December 2014
Cambodia is thought to produce the best wild honey in Southeast Asia, mainly due to its climate and topography. Most of it is harvested informally and sold cheaply at local village markets. Now, one company is helping some of the country's poorest people by employing them to hunt for honey, then selling it commercially. (AP, Koh Kong)

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You've Got To Be Kidding (Movie: Bedtime Stories)i
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01 December 2014
You can say, "What? You lost your passport? So, you're stranded in a foreign country, where you don't speak the language and you don't know anyone? You've got to be kidding me, right?" What does it mean? Watch here. For more videos - go to www.youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
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Video You've Got To Be Kidding (Movie: Bedtime Stories)

You can say, "What? You lost your passport? So, you're stranded in a foreign country, where you don't speak the language and you don't know anyone? You've got to be kidding me, right?" What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish.
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You can say, "I was 'all thumbs' this morning when trying to tie this tie - I kept making mistakes and just couldn't figure a way to pull it together." What does it mean? Watch here.
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