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The UK Ambassador expressed his concern over cyber scams and human trafficking in Cambodia, while Cambodia is continuing to be heavily criticised and globally regarded as a centre for cross-border human trafficking.
A new report notes that returns from cyber scams generate an estimated at US$ 12.5 billion in a country whose GDP is below US$ 30 billion. This is keeping foreign investors away, weakening economic development. While the authorities have started to crack down, they can only go so far since many of those involved are Chinese nationals, protected by their country’s economic involvement in Cambodia.
Prime Minister Hun Manet has clarified to the public that the Cambodian government has not made a final decision to impose the Capital Gains Tax early next year, as widely reported.
Hun Manet, a future prime ministerial candidate for the ruling Cambodian People’s Party (CPP), has emphasised the necessity of peaceful transition of power through democratic elections.
This year has seen a worrying uptick in fires, with 516 blazes reported in the first six months, a rise of 144 from the same period last year.