Cambodia Morning News For August 8

Cambodia Morning News For August 8
Estimated Reading Time: 3 minutes |

Cambodia morning newsGovernment Digs Into Tax Returns of NGOs, Cambodia Daily
Prime Minister Hun Sen’s Cabinet recommended a new investigation into alleged unpaid payroll taxes at civil society organizations on Friday, according to notes from the meeting.
— The Cambodia Daily (paywall)

Cambodia’s garment exports grow at slower pace in first half
Cambodia’s garment exports grew at a slower pace in the first half of the year, possibly due to stronger competition from Vietnam and Myanmar for U.S. sales, the central bank said.
— Reuters

Cambodia to Ask Japan to Invest $800 Million in Skytrain
Cambodia is asking Japan to invest $800 million (612.70 million pounds) in a skytrain system for the capital Phnom Penh, Prime Minister Hun Sen said on Monday’s visit to Tokyo.
— The New York Times

Hun Sen seeks hydropower deal with Thailand
The Cambodian government is to ask Thailand for help to build a hydropower plant in the border province of Koh Kong.
— Bangkok Post

Banking sector firms up its foundations
Cambodia’s banking sector enjoyed another strong performance last year as the Kingdom’s economy continued to expand, with banking credit moderating, deposits increasing and financial institutions remaining healthy as they further integrate into the global economy, the central bank said in its annual report yesterday.
— The Phnom Penh Post

Thai vending machines for Cambodia
A local firm is to partner with a Thai manufacturer to bring the latest self-service vending machines to Cambodia as part of a franchise deal.
— Bangkok Post

Padini announces registration in Cambodia
Padini Holdings Bhd has completed the registration of Padini (Cambodia) Co Ltd in Cambodia on Aug 2 for a cash consideration of 20 million Riels (US$5,000).
— The Star Online

Streaming service iflix debuts in Cambodia
iflix, Southeast Asia’s largest internet television service, officially launched in Cambodia yesterday, announcing an exclusive three-year partnership with local telecom operator Smart Axiata.
— The Phnom Penh Post

Zen to bring Japanese food chain to Cambodia
Zen Corporation Group, a Bangkok-based operator of more than a dozen restaurant brands, is looking to expand its AKA Japanese yakiniku restaurant chain across Southeast Asia using the franchise model, Thai media reported on Friday.
— The Phnom Penh Post

Ministry Says Most NGOs Ignore Tax Requirements
Only 200 of some 5,000 domestic NGOs have submitted required banking details to the Interior Ministry, its spokesman said on Monday, as the government steps up enforcement of tax requirements on organizations that may have racked up huge unpaid bills.
— The Cambodia Daily (paywall)

Authorities tighten access to Sesan resettlement sites
Authorities in Stung Treng province are preventing outsiders, including NGOs, from accessing resettlement sites for villagers displaced by the Lower Sesan II dam unless they apply for and are granted permission beforehand.
— The Phnom Penh Post

Cambodian PM’s wife leads prayer ceremony at Sambor Prei Kuk world heritage site
Cambodian Prime Minister Samdech Techo Hun Sen’s wife, Bun Rany, led a prayer ceremony at the complex of the Sambor Prei Kuk archaeological site here on Monday.
— XinHua

Feature photo EyeofJ
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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Sreypov Men

Sreypov Men

Journalism intern at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations.
Sreypov Men

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