Though U.S.-owned businesses in Cambodia are optimistic of the country’s economy, its appeal as an investment destination lags behind most of its neighbors due to the perception of endemic corruption, a new survey of 475 senior U.S. business executives in Asean shows. The 2013-14 ASEAN Business Outlook Survey, jointly conducted by the American Chamber of Commerce in Singapore and the U.S. Chamber of Commerce, cited several benefits of doing business in Cambodia, such as low-cost labor, personal security and a positive attitude toward the U.S. For companies already operating in Cambodia, the profit outlook was overwhelmingly positive—75 percent
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