The government should disclose the public information on the oil, gas and mining to bring more transparency in Cambodia.
March 24, 2011,
PHNOM PENH–The Royal Government of Cambodia has recently taken important steps towards improved transparency in reporting details associated with oil, mining and gas enterprise in Cambodia, according to Cambodians for Resource Revenue Transparency (CRRT).
But as this crucial sector continues to mature in Cambodia, the government should increase its efforts to consistently and accurately release revenue and other information related to extractive industry sector to the Cambodian public. Read more…
July 19, 2010,
PHNOM PENH — The Cambodians for Resource Revenue Transparency welcomes the adoption of the US financial reform legislation that requires oil, gas and mining companies listed on US stock exchanges to disclose their payments to countries where they operates, which includes Cambodia, in their annual financial reports. The types of payments required to be disclosed by this law include taxes, royalties, fees (including license fees) production entitlementsand bonuses. Read more…
12 June 2009
Phnom Penh, Cambodia (June 12, 2009) – Cambodians for Resource Revenue Transparency (CRRT), a new coalition of civil society organizations was launched today and urged the Royal Government of Cambodia, donors, private businesses, and other stakeholders to promote transparency in the management of revenues from oil, gas and mining to ensure that they benefit every citizen of Cambodia.
As Cambodia is expected to experience a sudden resource windfall, careful planning is needed to ensure that a sudden increase in revenues and expenditures are properly managed in a socially transparent and accountable manner that especially reaches the poorest Cambodians. Read more…
