Cambodia Morning News For April 6

Cambodia Morning News For April 6

Cambodia morning news

Startups turn heads in Silicon Valley
Cambodia’s startups have clamoured to attract foreign venture capital, and now
even Silicon Valley is paying attention. Last month, local media and entertainment site Khmerload – described by some as Cambodia’s version of Buzzfeed – secured $200,000 in investment from the regional arm of California-based venture capital seed fund 500 Startups, marking the first- ever Silicon Valley investment into a Cambodian startup.
The Phnom Penh Post

Water utility widens revenue stream
The capital’s listed water utility inaugurated a new treatment facility yesterday that will increase its production capacity of clean water by 30 percent, and add to its revenue stream – a move likely to impress its shareholders.
The Phnom Penh Post

Electricity Access Is Growing, But Divide Persists
Cambodia has been quickly turning on the lights for more households, but access to electricity remains significantly lower in rural areas than in cities, according to a new report from the World Bank.
The Cambodia Daily (paywall)

Officials Set Ambitious Clean Water Targets
Phnom Penh will gain four new water treatment plants and 9 out of 10 Cambodians will have access to state-supplied clean water by 2025 under a proposal put forward by officials on Wednesday at the inauguration of a new facility in Phnom Penh.
The Cambodia Daily (paywall)

Meters might save the tuk-tuk in Cambodia
Three-wheel tuk-tuks are a popular means of transportation in Southeast Asia, but negotiating fares with drivers is a headache for locals and foreign tourists alike.
Nikkei Asian Review

Cambodia recognizes Kem Sokha as new opposition leader
The Cambodia’s Interior Ministry on Wednesday formally recognized Kem Sokha as the new leader of the country’s main opposition party, according to a letter signed by Interior Minister Sar Kheng.
Xinhuanet

BBQ chain to fire up in Kingdom
Express Food Group (EFG), a subsidiary of Bangkok-based RMA Group, will offer franchising opportunities for the Thai-based Bar B Q Plaza restaurant brand in Cambodia, according to a Thai media report yesterday.
The Phnom Penh Post

Acknowledging U.S. Role in Bombing, Ambassador Prioritizes Demining Efforts
William A. Heidt, U.S. Ambassador to Cambodia, says he is “very aware” of the historical role the United States played in the conflict in Cambodia, which is why he is seeking to prioritize the clearance of unexploded ordinance left behind by years of bombing.
VOA

Cambodia Post hopes to deliver for e-giants
State-owned Cambodia Post plans to launch a new e-commerce company in a move to latch onto the growth of online transactions in the Kingdom and diversify its revenue streams, a company executive said yesterday.
The Phnom Penh Post

Study Shines Light on Growing Cambodian Consumer Class
As a senior communications manager at an advertising company, Rom Molyka enjoys spending her disposable income on shopping, eating out and traveling.
The Cambodia Daily (paywall)

Trump faces first international backlash in Cambodia
After facing defeat on a number of issues in the US, President Donald Trump’s resolve to ‘make America first’ and ‘make America great again’ went down the drain in Cambodia.
The Independent

Cambodia gets EU free trade deal despite abuse claims – while UK is ordered to PAY
THE European Union has come under fire for a free trade arrangement with Cambodia despite calls for a human rights abuse probe on the Southeast Asian nation.
Express

Cambodia scraps US military aid deal in latest snub to Washington
Cambodia has scrapped a long-running US military aid programme in the latest sign of a Southeast Asian nation tilting away from Washington and towards Beijing.
Financial Times

Opposition Agrees to Withdraw Election Slogan After Government Complaints
The opposition Cambodia National Rescue Party has scrapped its election slogan following pressure from the government.
VOA

Jailed Political Analyst Denied Chance to Meet PM in Court
The Court of Appeals last week denied a request by jailed political analyst Kim Sok to meet his accuser, Prime Minister Hun Sen, in court during his trial for defamation and incitement.
VOA

Seventeen Cambodians Repatriated From Malaysia
Thirteen Cambodians trafficked to Malaysia in 2015 and last year were to be repatriated on Wednesday, the Foreign Affairs Ministry announced, and another four were returned on Monday after working in Malaysia as maids—a violation of a government ban on sending domestic workers to the country.
The Cambodia Daily (paywall)

Cambodian PM inaugurates 61-mln-dollar water treatment plant in capital
Cambodian Prime Minister Samdech Techo Hun Sen on Wednesday inaugurated a new water treatment plant in southeastern part of capital Phnom Penh, saying that the plant would help meet a growing demand for clean water in Phnom Penh and nearby Kandal province.
Xinhua

 

Feature photo John Le Fevre
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Vat Vin

Vat Vin

Vat Vin graduated from the University of Cambodia with a major in Economics. He previously worked as a business writer and journalist at Business Cambodia and as a copy writer at The Source and Solution Group before joining AEC News Today.
Vat Vin

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