Cambodia Morning News For August 25

Cambodia Morning News For August 25

Cambodia morning newsJapan Invests in Cambodia’s Deepwater Port
The government-run aid organization Japan International Cooperation Agency (JICA) has given the green light to a $209 million low-interest loan for a new container terminal at Sihanoukville Autonomous Port, Cambodia’s only deep-water seaport.
— The Maritime Executive

KrisEnergy set to launch development of Cambodia’s first oil field
Cambodia and KrisEnergy, an Asia-focused E&P company, have signed fiscal and technical agreements paving the way for the development of the country’s first oil field, more than a decade after its discovery.
— S&P Global Platts

Government closes 15 radio stations
The Ministry of Information yesterday claimed its shuttering of 15 radio stations across the country was not targeted at independent broadcasters, and took aim at the Cambodia Daily for failing to pay a huge tax bill, hours after the US State Department labelled the tax measure exorbitant and biased.
— The Phnom Penh Post

Cambodia, Laos find common ground after border row
Cambodian Interior Minister Sar Kheng has met his Lao counterpart, just weeks after a row between the two countries saw Prime Minister Hun Sen deploy troops to the Stung Treng provincial border.
— Bangkok Post

Cambodia Denies Radio Closures Tied to US Broadcasters
Cambodia’s Ministry of Information on Thursday rejected suggestions that it is targeting Radio Free Asia and Voice of America following its decision to suspend the operations of several independent radio stations that relayed news content from the two U.S. media outlets deemed critical of the government.
— Radio Free Asia

US to impose ‘visa ban’, purportedly in response to Kingdom’s refusal to accept deportees
The United States is set to impose visa sanctions on Cambodia, reportedly in response to Cambodia’s halt on accepting deportees with criminal convictions in the US.
— The Phnom Penh Post

SMEs get support to go public
In a move to urge small- and medium-sized businesses to list on the Cambodian stock exchange’s Growth Board, more than 70 companies have joined a new initiative offered by the market regulator that will provide professional guidance on how to meet listing criteria, paving the way to having a first listing sometime next year.
— The Phnom Penh Post

Grape Expectations
Amid fields of rice in Battambang province, one family branched out into grapes, creating Cambodia’s first bottles of locally-produced wine. Now they have their sights set on conquering the juice market.
— The Cambodia Daily (paywall)

Government refutes claims over price of Bangladesh rice deal
Cambodian officials and members from the private sector have refuted international media reports that claim the price for rice exports to Bangladesh will be set at $453 a tonne as part of a government-to-government deal that hopes to see 250,000 tonnes of white rice exported to Bangladesh by October.
— The Phnom Penh Post

122 Chinese telecom fraud suspects repatriated from Cambodia
Chinese police Thursday repatriated 122 telecom fraud suspects from Cambodia. Two planes carrying the suspects touched down at Chengdu Shuangliu International airport in Sichuan Province Thursday night. Handcuffed and masked, each suspect was led by two police officers as they disembarked the aircraft.
— Xinhua

Cambodia calls US democracy ‘bloody and brutal’ as charity row escalates
Cambodia has hit back at criticism over its decision to expel a US-funded pro-democracy group, accusing Washington of political interference and describing American democracy as “bloody and brutal”.
— The Guardian

US takes aim at Cambodia over attacks on NGO and media
The Trump administration has accused Cambodia of undermining democracy after the Southeast Asian nation moved to expel a US non-governmental organisation and launched a clampdown on several media groups.
— Financial Times

US chastises Cambodia for curtailing press freedom, ordering American group to leave
The US strongly criticized Cambodia on Wednesday for ordering an American democracy group to leave the country and pressuring dissenting news media—chastising a government whose leader says he shares President Donald J. Trump’s disdain for the press.
— Business Mirror

Sweden Alumni Network of Cambodia launched
Sweden’s Ambassador to Cambodia H.E. Maria Sargren on 17 August hosted a networking event and the launching of Sweden Alumni Network of Cambodia.
— Scand Asia

 

Feature photo Asian Development Bank
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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