Cambodia

As expected, the current Cambodian government administration won a landslide victory over the Cambodian opposition party according to AP.
Many Cambodians are concerned that the Cambodian election was rigged raising concerns that one party-rule is damaging it’s the countries democracy.
The Cambodia election results give Prime Minister Hun Sen a new 5 year term.
Cambodia Government cambodian […]

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The current Cambodian government and the Cambodian People’s party (CPP) has claimed victory in the recent Cambodia parliamentary elections according to the Financial Times.
Should the Cambodian People’s party (CPP) continue to control the Cambodia government, Hun Sen, Cambodia’s prime minister would continue his 23 year reign.
Key drivers to the likely victory include a strong economy, […]

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The Cambodia government has engaged the United Nations Security Council to intervene in its dispute with the Thai government over the Preah Vihear temple according to AP.
The dispute is over a recent UNESCO approved application to have the Hindu Preah Vihear temple named a World Heritage Site.
While seemingly inconsequential, the dispute has caused the Cambodia […]

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Vimpelcom, Russia’s second largest cell phone operator has announced it will invest in Cambodia through the purchase of Sotelco according to Reuters UK.
The Cambodian investment deal with Vimplecom and telecommunications and internet service provider Sotelco involves an estimated $28 million purchase yet no other details were released.
Interestingly, the move by Vimpelcom to invest in […]

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Cambodia exports of rubber are expected to expand from 30k tons to 50k tons according to The Hindu News.
The increase in Cambodian exports of rubber comes as new rubber trees planted over five years ago begin to yield.
Rubber currently sells for $3,310 up from $2,800 a year ago.
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The National Bank of Cambodia plans to tighten its money supply in a move to fight run away inflation that continues to inflict the Cambodia economy according to the Phnom Penh Post.
The plan is to double reserves to 16 percent from 8 percent which complies with the International Monetary Fund (IMF) recommendation.
Some believe the Cambodian […]

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