Cambodia Morning News For March 30

Cambodia Morning News For March 30
Estimated Reading Time: 5 minutes |

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.

 

Cambodia morning news

Phnom Penh Property Market Glut
Phnom Penh’s mushrooming property market is set for a massive crash with new apartment prices set to plummet by up to 50 per cent over the course of this year compared with March 2016 prices.
– AEC News Today

Higher skills for a busy aviation sector
In its first two months of regular operation Cambodia’s first civil aviation training centre has provided certificates to dozens of aviation officials and airport staff, helping to raise the skill level of personnel in the Kingdom’s fast-expanding aviation sector.
— The Phnom Penh Post

Oil firm ready to ink production-sharing agreement
Executives at Singapore-listed energy firm KrisEnergy Ltd say they have settled terms with the Cambodian government and are ready to sign a long-awaited production-sharing agreement that would pave the way for the first-ever extraction of petroleum from Cambodian territorial waters.
— The Phnom Penh Post

UN Says Party Law Contravenes International Law, Calls for Overhaul
Breaking its silence on the government’s controversial am­endments to Cambodia’s Law on Political Parties, the U.N.’s human rights office this week said the changes breached several of the country’s obligations under international law—maybe even its own Constitution—and recommended a thorough overhaul.
The Cambodia Daily (paywall)

Government Comes Down Hard On CNRP Leadership
The Interior Ministry confirmed on Wednesday that it would not recognize Kem Sokha as CNRP president or three other opposition lawmakers as deputy presidents, promising “further measures” that analysts say could sideline the party in upcoming commune elections.
— The Cambodia Daily (paywall)

Cambodia’s government increases pressure on opposition
Cambodia’s interior ministry on Wednesday told the main opposition party its leader had been elected illegally and it must change its campaign slogan ahead of local elections.
— Reuters

ASIA’S FUTURE CITIES: Cambodian start-up introduces anti-pollution masks
Every day, millions of people in Phnom Penh fill their lungs with bad air.
Whenever they breathe – roughly about 30,000 times a day for an adult – their respiratory system becomes exposed to harmful pollutants hovering over the city.
— Channel NewsAsia

Cambodia’s ban on breast milk sales throws spotlight on growing international trade
Cambodian authorities have permanently banned the sale and export of human breast milk after suspending exports from a US company that has been collecting it from impoverished mothers for more than two years.
— The Sydney Morning Herald

Still no answers 20 years after Cambodia’s deadly grenade attack
Thursday marks 20 years since a vicious grenade attack carried out on a Cambodian opposition party protest left 16 people dead and hundreds more wounded.
— Southeast Asia Globe

Is Cambodia’s property market set to crash?
As well as heading Cambodian, Lao and Myanmar operations for power tool giant Bosch, AndAlre de Jong is chairman of the Real Estate and Construction Committee of Eurocham Cambodia. He discusses Cambodia’s real estate boom, health and safety issues in the industry and developing Cambodia’s picturesque coast
— Southeast Asia Globe

Swedish aid agency offers funds for SMEs
Sweden’s development agency will provide $7 million to foster the development of small- and medium-size enterprises (SMEs) in Cambodia, according to state-run news agency AKP.
— The Phnom Penh Post

Cambodia signs deal with Chinese province
The Cambodian government signed a memorandum of understanding (MoU) with officials from China’s Shaanxi province aimed at bolstering trade and tourism, according to a release yesterday by the Ministry of Commerce.
— The Phnom Penh Post

Sugar Plantation in Preah Vihear Suspected in Mass Fish Deaths
The Environment Ministry is studying water samples from Preah Vihear province to find out what has been killing thousands of fish in the Stung Sen River, where villagers are reportedly blaming a sugarcane plantation.
— The Cambodia Daily (paywall)

After Sok An’s Death, Bin Chhin’s Duties Continue to Grow
The portfolio of Deputy Prime Minister Bin Chhin has grown again after he was handed a handful of new jobs on Tuesday, including advising the prime minister on anti-corruption efforts and overseeing the Council of Jurists and “one-window” service for foreign investors.
The Cambodia Daily (paywall)

Hun Sen Calls for ‘Peaceful, Free and Fair’ Election
Prime Minister Hun Sen has called for peaceful local commune elections ahead of the vote in June. He called on Cambodians, officials and the armed forces to ensure a stable environment during the election campaign.
— VOA

Cambodia’s Government On Board With Opposition Congress: CNRP
Cambodia’s government has no objections to the results of an extraordinary congress held by the opposition Cambodia National Rescue Party (CNRP) earlier this month to appoint new leadership, the CNRP said Wednesday.
— Radio Free Asia

Explore Ancient Cambodia with the Newly Renovated All-Suite Anantara Angkor Resort
Anantara Angkor Resort reopens as Siem Reap’s premier all-suite boutique resort and gateway to the heart of Cambodia’s ancient Khmer Empire.
PR Newswire (press release)

The Angkor Wat Alternative: Exploring Cambodia’s Forgotten Ruins
The Khmer Empire was successful in building what seems to be the largest religious monument in the world, gradually becoming the symbol and icon of Cambodia. It’s no wonder why many tourists would want to visit the famous Angkor Wat temples.
— Travelers Today

 

 

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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