AEC Feed

The Cambodian government has hit out at the Corruption Perceptions Index 2016 that ranked Cambodia 156th among 176 countries.
Secretary of State at the Office of the Council of Ministers Phay Siphan said the Transparency International report “does not correspond to UN standards and it tends to be against the royal government”.
He said there have been many reports, including by the World Bank, highlighting progress being made in Cambodia. Those reports showed that Cambodia has been achieving economic growth of 7.6 per cent on average for the last 20 years, he added.
The index’s rating of Cambodia at 156th alongside the Democratic Republic of Congo and Uzbekistan. The report said Cambodia had the same score of 21 in 2016 as in 2015.|– Rasmei Kampuchea

INDONESIA READIES MOVES TO CONTAIN INFLATION PRESSURES
Indonesia’s central bank and the government will prepare six measures to curb inflation
Bank Indonesia and the government have agreed to prepare six strategic measures to maintain the country’s inflation rate this year, as consumer prices are predicted to rise due to adjustments in levies and subsidies.
The set of measures was arranged in a “high-level coordination meeting” on Wednesday held by members of the Inflation Task Force and Regional Inflation Task Force, which comprises officials from the central bank, ministries, state agencies and regional administrations.
Measures on the list include managing volatile food prices by improving food logistics infrastructure, especially storage for commodities, as well as managing transport costs that could rise owing to the possibility |of a rise in global oil prices.|–The Jakarta Post

CEREMONY MARKS CLOSE OF ENTREPRENEURSHIP PROGRAMME IN BRUNEI
Perbadanan Tabung Amanah Islam Brunei (TAIB) yesterday held a closing ceremony for the TAIB Entrepreneurship Programme at the Design and Technology Building in Kampong Anggerek Desa, Berakas. The programme, organised in conjunction with TAIB’s 25th anniversary, was supported by Darussalam Enterprise and managed by Startup Hub.
The guest of honour was Khairuddin bin Abdul Hamid, deputy permanent secretary (investment) at the Ministry of Finance, as member of the Perbadanan TAIB board of directors. Also present was Noorrafidah binti Sulaiman, acting managing director of Perbadanan TAIB.
The guest of honour presented |certificates of participation to the |54 people who completed the two-week entrepreneurship programme. Throughout the workshop, participants developed skills to expand their business knowledge including the game of entrepreneurship, developing sustainable businesses, developing business proposals as well as pitching skills that will equip them in starting up or expanding their businesses. – Borneo Bulletin