Government

Budget

Defence expenditure ranks third in 2017-18 Union budget proposal

The National League for Democracy-led government’s first crack at formulating an annual Union budget has proposed only a modest increase in defence spending, with the lion’s share earmarked for the Ministry of Planning and Finance. Submitted to parliament yesterday, the K20.896 trillion budget for the ...

Kingdom slips in TI’s graft index

For the fourth year in a row, Transparency International has rated Cambodia the country perceived as ASEAN’s most corrupt, and just ahead of North Korea and Afghanistan for the entire Asia-Pacific region. The 2016 Corruption Perceptions Index, which scores and ranks 176 countries and territories ...

More tourists, less revenue

The Ministry of Tourism released its annual report on January 24 during its yearly meeting, showing growth continued for the sector in 2016, while launching a campaign to eliminate unlicensed tourist establishments that ministry officials claim slowed revenue collection last year. International tourism arrivals increased by ...

Vice President demands transparency from Finance Ministry

Vice President Phankham Viphavanh called for the Party Committee of the Ministry of Finance to work harder to ensure all the sector’s party cadres and financial officials performed their professional tasks transparently. Mr Phankham, who is also Standing Secretary of the Party Central Committee’s Secretariat, ...

Passenger numbers rise 8.5% at airports

Passenger traffic to Cambodia’s three international airports continued to grow last year, with total arrivals and departures topping 7 million for the first time, according to the operator’s annual report. Khek Norinda, communication director for Cambodia Airports, the company that holds the concession to manage ...

Oudomxay eyes development of tourist sites

About 100 tourist sites in Oudomxay province await development so that visitors can fully enjoy them in comfort. The Oudomxay Tourism Office says there are 106 officially designated tourist sites in the province. An official at the office, Mr Van Mingboupha, told Vientiane Times on ...

Party urges public participation in fight against corruption

Every Party and government organisation, the Lao Front for National Construction and other mass organisations, the mass media and the general public must actively combat autocracy and join the fight against corruption. This was the call from the Party Central Committee to people across the ...

Deputy PM takes strong stance against corruption

Building public awareness of corruption, taking note of complaints about unethical conduct, and bringing offenders to justice are some of the ways the government intends to clamp down on corruption. Deputy Prime Minister and Head of the Party and Government Inspection Authority and the Anti-Corruption ...

Capital hoteliers address empty rooms

A lack of tourist attractions combined with overly-optimistic developers has left around 80 percent of Nay Pyi Taw hotel rooms empty on any given day. But the chair of a local tourism industry body believes better marketing can help the city improve its visitor numbers. U ...

Sleeker tax system nets more revenue

Efforts to introduce an effective, modern taxation system appear to be paying off as government coffers swelled last year, giving the state more revenue to use for development at a time when donor aid is drying up. Tax collection revenue grew by 15 percent to ...

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