Cambodia

There’s no such thing as a Southeast Asian ‘strongman’

A few years ago, the professor of risk management Nassim Nicholas Taleb pondered the question of what’s the opposite of “fragile.” For many readers this may seem an easy answer – perhaps “strong” or “stable,” maybe “resilient.” Interestingly enough, Taleb opted for what was staring…

Hun Sen’s labor sop will cost Cambodian industry

Cambodian Prime Minister Hun Sen’s political move to hike the minimum wage for textile and footwear workers threatens to undermine the crucial industries, which combined account for two-thirds of the nation’s exports.   Under the executive order, announced last week, garment and footwear factory workers’ minimum…

US Sanctions Chinese State-Owned Firm Over Land Seizure, Corruption in Cambodia

The U.S. Treasury Department on Sept. 15 sanctioned a Chinese state-controlled firm for seizing land from Cambodians for projects aimed at advancing Beijing’s geopolitical ambitions. Union Development Group Co., or UDG, is constructing a $3.8 billion resort called Dara Sakor, a state-backed investment zone spanning…

Mekong countries don’t need to bank on outsiders

MLC projects are more transparent than those under the Belt and Road Initiative because no one really know which projects are under the BRI or whether they are government supported or by private investment. The official list of projects is hard to find. This transparency…

No new normal for Asia’s virally unwanted migrants

The pandemic-induced economic crisis has hit Southeast Asia especially hard, with most regional economies expected to record negative growth and record recessions in 2020. But while analysts weigh which industries will be harder than others, often overlooked is the impact on the region’s migrants, the…

Notorious Khmer Rouge Prison Commander Comrade Duch Dead at 77

PHNOM PENH—The Khmer Rouge commander known as “Comrade Duch,” Pol Pot’s premier executioner and security chief who oversaw the mass murder of at least 14,000 Cambodians at the notorious Tuol Sleng prison, died on Wednesday. He was 77. Kaing Guek Eav or “Comrade Duch” was…

Duch, torturer for the Khmer Rouge, dies aged 77

A former school teacher who became the top torturer for Cambodia’s genocidal Khmer Rouge regime, overseeing the deaths of about 15,000 people, died Wednesday at the age of 77.  Kaing Guek Eav, better known by his alias Duch, had served as the head of the…

Hun Sen uses Covid-19 to mask EU sanction hit

When the European Union withdrew part of Cambodia’s trade privileges, the punitive move aimed to cajole Prime Minister Hun Sen’s government to restore democratic politics and improve human rights. The removal of Cambodia’s Everything But Arms (EBA) privileges, officially imposed on one-fifth of its exports…

The risk of overspending on Covid-19

From the “too big to fail” mantra during the 2008 financial collapse, to the debate over capital controls in the 1997-98 Asian financial crisis, every economic calamity is dogged by the question of how much state intervention should be applied to ease market pains. Today’s…

Add to Collection

No Collections

Here you'll find all collections you've created before.

Scroll to Top