Analysis

Expert Hearing Identifies Elite Networks at the Epicenter of Transnational Cybercrime

Crime, corruption and power in Cambodia were examined by top US lawmakers, 19 May. Online scams are defrauding US citizens of over ten billion dollars a year, say experts. Congressional investigators probed evidence and quizzed experts about Asia’s scam barons. Damning evidence named individuals from the Cambodian ruling elite as scam network ringleaders.

Did Cambodia Make Conflicting Trade Promises to China and the US?

Did Cambodia Make Conflicting Trade Promises to China and the US?

As China and the US recently faced off in diplomatic talks, Cambodians may wonder where the kingdom sits in relation to its two global big brothers? Cambodia has made trade deals with both superpowers in recent years, so VOD takes a closer look at what was agreed, and what it means for business. Crucially VOD asks: has the Cambodian government promised more than it can deliver?

Fertilizer focus: will the ships arrive in time to save Cambodian farmers?

Fertilizer focus: will the ships arrive in time to save Cambodian farmers?

One million tons of fertilizer is stuck in the Strait of Hormuz on at least 20 ships. Fertilizer prices have spiked due to the Middle East conflict, which has severely constricted world supplies. Could this be make or break for Cambodian farmers, as the rice planting season approaches?

High Scams, Low Growth: The Hidden Cost of Cambodia’s Digital Underworld on National Prosperity

High Scams, Low Growth: The Hidden Cost of Cambodia’s Digital Underworld on National Prosperity

A major US newspaper investigation has accused Cambodia of growing a global cyber-scam industry, at the expense of traditional economic sectors like garments and tourism.
Cambodia has transitioned from a developing tourist hub, into a primary global engine for sophisticated cyber-fraud operations. So says an investigative report, published April 19, by the prestigious US newspaper, The Wall Street Journal (WSJ).

Fragility of the Banking Sector under the Hun Manet Administration

Fragility of the Banking Sector under the Hun Manet Administration

In the first quarter of 2026, Cambodia’s financial system reached a tense breaking point, revealing a massive gap between attempts to guarantee stability and liquidity—through a joint publicity campaign by the National Bank of Cambodia (NBC), the Association of Banks in Cambodia (ABC), and the Cambodia Microfinance Association (CMA)—and the actual reality of a destabilized retail banking market.

Macroeconomic Indices Shown by Government Contrast Sharply with Citizens' Debt Crisis Reality

Macroeconomic Indices Shown by Government Contrast Sharply with Citizens’ Debt Crisis Reality

In the context of the Cambodian economy between 2024 and 2026, a stark contradiction is observed between seemingly positive macroeconomic growth and a widespread household-level insolvency crisis. According to an International Monetary Fund (IMF) report released in late 2024, the Royal Government of Cambodia maintained a remarkably low public debt-to-GDP ratio of approximately 26.6%.