Cambodia Morning News For December 15

Cambodia Morning News For December 15
Estimated Reading Time: 3 minutes |

Cambodia morning newsGovernment hopes decentralisation boosts business registration
To promote the registration of small- and medium-size enterprises (SMEs), the Ministry of Industry and Handicraft will begin early next year to decentralise the process by granting provincial government officials the authority to register businesses.
— The Phnom Penh Post

Cambodia Opposition Chief Kem Sokha Calls on Court to Drop ‘Treason’ Charges
The head of Cambodia’s now-dissolved opposition Cambodia National Rescue Party (CNRP) requested that a court in the country’s capital drop all charges against him during a hearing Thursday in which he was questioned over allegations he colluded with the U.S. in a bid to topple the government.
— Radio Free Asia

Controversial Trade Union Law having desired effect?
Along Phnom Penh’s infamous Veng Sreng Boulevard, 27-year-old garment worker Houn Ean was on strike yesterday for the second week in a row.
— The Phnom Penh Post

Huge new brigade getting extra funds
The Cambodian government has diverted around $1 million in funding from the national budget to a new military unit that will be at least twice the size of a usual brigade – and possibly larger, officials said.
— The Phnom Penh Post

Fortified by family and China cash, Cambodia’s strongman digs in
Secured by family and party ties, Chinese cash and his own ruthless political instincts, Cambodian strongman Hun Sen has taken a wrecking ball to the kingdom’s fragile democracy in a campaign to extend his 32-year rule.
— Daily Times

New capital HQ planned for Sathapana Bank
Japanese-owned Maruhan Japan Bank will build a 22-storey $60-million new head office for its wholly owned Sathapana Bank Plc in downtown Phnom Penh, with a completion date expected for sometime in 2020, according to a report by state-run news agency Agence Kampuchea Presse (AKP).
— The Phnom Penh Post

Cambodia to boost production to export cashew nuts to South Korea
Agri-company Camcashew and South Korean Naroo Marine have signed a memorandum of understanding (MoU) to export 10,000 metric tons of processed Cambodian cashew nuts to South Korea next year, where demand is high.
— Food Navigator

DPM Men Sam An: Cambodia Receives $500-Million Grant from 25-Year Inscription on World Heritage List
Deputy Prime Minister Men Sam An said that within the 25 years of the inscription of Angkor Wat on World Heritage List, Cambodia has received huge benefits from the development partners with a total budget of approximately $500 million.
— Fresh News

External funds driving policy: report
A new study has found that external donors wield outsize influence in determining national health care policies in Cambodia.
— The Phnom Penh Post

Temasek unit starts e-wallet platform in Cambodia
Temasek-owned Fullerton Financial Holdings has teamed up with Canadia Investment Holding to launch DaraPay – a new digital wallet and payment platform – in Cambodia.
— The Straits Times

Study shows local couples value financial planning
As the Kingdom struggles to establish a stable middle-class, Cambodian couples are more interested in financial planning than ever before but remain at risk to financial shocks that could be prevented by the expansion of the insurance market, according to a recent survey.
— The Phnom Penh Post

 

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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Sreypov Men

Sreypov Men

junior writer/ trainee journalist at AEC News Today
Sreypov Men is currently a senior student at Institute of Foreign Languages where she is majoring in International Relations. She commenced as an intern and was appointed as a junior writer/ trainee journalist on April 2, 2018
Sreypov Men

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