Despite high corruption ratings, Cambodia could escape global money laundering ‘grey list’

With the FATF’s on-site inspection concluded, Cambodia’s reputation as a destination for foreign investment hangs in the balance, but deeply rooted corruption could undermine whatever progress the international watchdog finds.

The post Despite high corruption ratings, Cambodia could escape global money laundering ‘grey list’ appeared first on Southeast Asia Globe.

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SE Asia stands firm against China in South China Sea

The situation in the South China Sea is far from stable. Chinese vessels engaged in dangerous and escalatory encounters with those of other states regularly throughout 2022. But for the first time in a decade, Beijing’s control over disputed waters did not appreciably advance. The China Coast Guard (CCG) and maritime militia were deployed at […]Continue Reading

Robotic upside to China’s demographic decline

China’s population has started to decline and this has set off a Pavlovian negative reaction – via the news media – of the sort that we have seen before in the case of Japan. Reuters warns that the news “sounds alarm on demographic crisis.” CNN predicts that the “impact will be felt around the world”, […]Continue Reading

Vietnam’s ‘mini-China’ days may be numbered

Performers dance with large national flags marking an anniversary of Vietnam's communist regime in Hanoi, February 3, 2017. Photo: AFP/Hoang Dinh Nam

With so many headwinds zooming Vietnam’s way, now seems an incredibly inopportune moment for Hanoi to carry out a major political shakeup. That’s precisely the dilemma global investors faced this week as pro-market President Nguyen Xuan Phuc suddenly resigned. Government officials claim that the unparalleled purge led by Communist Party chief Nguyen Phu Trong was […]Continue Reading

Asia’s longest-serving leader still not a statesman

Just three days before Cambodian Prime Minister Hun Sen jetted off to Paris for one of his first visits to France in years, Cambodian researchers discovered the remains of a  Cambodia-France Friendship Statue that had been destroyed by the genocidal Khmer Rouge in 1977. The leader’s promise to repair the statue could so easily be […]Continue Reading