Cambodia Morning News For August 18

Cambodia Morning News For August 18

Cambodia morning newsWorld Bank says Cambodia achieves stellar growth, poverty cut in past 2 decades
Cambodia had achieved high economic growth and poverty reduction in the last two decades, mainly driven by garment exports and tourism, the World Bank said in a report on Thursday.
Xinhua

Cambodia’s loss of LDC status will bring challenges: World Bank
As Cambodia continues its upward trajectory towards becoming a lower-middle-income country, it will face even greater challenges in reducing high levels of poverty as the Kingdom loses its preferential trade privileges and donor funding dries up, according to a new World Bank report.
The Phnom Penh Post

Cambodia and China to sign MoU on nuclear technology
Cambodia and China are close to the signing of an agreement that will bring Cambodia a step closer to developing its own nuclear technology for peaceful purposes, according to The Phnom Penh Post Online on Thursday (Aug 17).
Thai PBS

Making connections with Cambodia’s sole European bank
Cambodia CEO Guillaume Perdon on the future of BRED Bank and the importance of lending to small-to-medium enterprises
Southeast Asia Globe

Cambodia arrests nearly 400 from China and Taiwan over telecoms fraud
Cambodian authorities have arrested nearly 400 Chinese and Taiwanese nationals this month on suspicion of operating a telecoms scam to defraud victims in China, police said on Thursday.
Reuters

Sustained and Inclusive Growth Ahead for Cambodia: World Bank
Cambodia can sustain its strong track record in economic growth and poverty reduction, and achieve more inclusive growth by focusing on key priority areas, says a new World Bank report.
The Financial

NGOs Are Optimistic as Mining Regulations Move Forward
A report on the government’s efforts to install a new regulatory framework for a nascent mining industry paints an overall positive picture, while noting more than a dozen gaps in the rules that need to be addressed.
The Cambodia Daily (paywall)

UN envoy meets with NEC
he National Election Committee (NEC) yesterday told United Nations Special Rapporteur Rhona Smith that election monitoring coalition the “Situation Room” will have to register with the Interior Ministry if it wants to deploy observers for next year’s elections – despite there being no such requirement in the NGO Law.
The Phnom Penh Post

Will Cambodia’s Challenge to Deportations Last?
Sameth Nhean’s travel documents, which Cambodia issues to authorize the repatriation of its nationals from the U.S., expired on August 8.
The Cambodia Daily (paywall)

Creating an avenue for Cambodian urban art
In creating the first international urban art gallery in Phnom Penh, Tony Francis is trying to jumpstart the street art movement – and put it on the global radar.
The Phnom Penh Post

US-funded National Democratic Institute accused of colluding with CNRP
Leaked materials from the United States-funded NGO National Democratic Institute (NDI) have been portrayed on Facebook and in local media as being part of an “ill intended” strategy to help the opposition party win next year’s national election, with government officials yesterday publicly questioning the NGO’s registration and neutrality.
The Phnom Penh Post

Gov’t Finishes Probe Into NGO Hun Sen Ordered Closed
Authorities have finished their investigation of an anti-sex trafficking NGO Prime Minister Hun Sen ordered closed earlier this month for what he called an “unforgivable” insult, and the group has apologized if it caused offense, an Interior Ministry official said on Thursday.
The Cambodia Daily (paywall)

Cambodian medic who spread HIV asks for court’s mercy
An unlicensed Cambodian medical practitioner who was sentenced to 25 years in prison for infecting more than 100 villagers with HIV on Thursday acknowledged his mistake in reusing syringes and told an appeals court that he only sought to provide health care for his community.
ABC News

 

Feature photo ADB Photo/ Chor Sokunthea
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

 

Cambodia morning news by AEC News Today is your one stop source for Cambodia news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.

 

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