October 2016

Asia Newsflash

Country Risk Spotlight – Cambodia

Dun & Bradstreet has downgraded Cambodia’s country risk rating to DB5d after political turmoil escalated on multiple verticals such as endemic corruption, human rights law infringements, political murders and abuse of power. The transparency watchdog Global Witness recently released a report revealing that the prime minister’s family owns or invests in 114 companies in profitable sectors such as mining, property and gambling, with a collective capital of over USD200m; and warned foreign investors of the risk of breaking anti-corruption laws at home should they partner with corrupt Cambodian companies.

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