Banks expect ‘indirect exposure,’ have contingency plans in case of EBA loss

Factory's workers

Banks say they are prepared for the potential loss of duty-free trade with the EU under the “Everything But Arms” scheme, with some downplaying the likely economic impact while others say they are ready to activate contingency plans in case of economic slowdown.

Hun Sen downplays impact of possible EBA loss

Prime Minister Hun Sen on Thursday downplayed the potential impact of losing duty-free trade with the EU, saying Cambodia’s economy was already outgrowing the “Everything But Arms” (EBA) deal, which is reserved for least developed countries.

Hun Sen resists quick resolution for Kem Sokha’s treason case

Even as the EU’s decision to potentially sanction Cambodia looms, Prime Minister Hun Sen on Monday insisted that the criticized treason case against opposition leader Kem Sokha could still take months to resolve.

Rainsy returns to France as supporters released from prison

Cambodia National Rescue Party (CNRP) co-founder Sam Rainsy said on Saturday that he had returned to France, one week after his promised return to Cambodia saw him diverted to Malaysia and Indonesia for a series of meetings with parliamentarians.

After two years, court closes investigation into treason charge against Kem Sokha

A Phnom Penh Municipal Court judge on Friday closed the investigation into the treason charge against Cambodia National Rescue Party (CNRP) leader Kem Sokha more than two years after his arrest.