Cambodia Morning News For March 31

Cambodia Morning News For March 31
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Cambodia morning news roundup

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

Cambodia safe from China’s restriction on outbound investment, for now
In the aftermath of China announcing its clampdown on outbound foreign investment late last year, Cambodian real estate experts have come to a consensus that its ramifications are not crippling to the real estate and construction sectors in the Kingdom.
The Phnom Penh Post

‘In a free market economy, the weak developers will die’
Experts in the sector have long had differing opinions on the Kingdom’s real estate industry.
— The Phnom Penh Post

Cambodian FM meets Russian senior diplomat, discussing bilateral ties
Cambodian Foreign Minister Prak Sokhonn met with Russian Deputy Foreign Minister Igor Morgulov on Thursday, discussing ways to further promote bilateral relations and cooperation, a Cambodian spokesman said.
— Global Times

Seaport operator cruises toward IPO
The state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on the Kingdom’s stock market, a company executive said yesterday.
— The Phnom Penh Post

Cambodia’s First Cashless Restaurant Ordering App Debuts
The rise of e-commerce is continuing in Cambodia with the launch of the first cashless mobile app for restaurant food orders, with sponsorship from heavyweights such as Coca-Cola and Wing.
— The Cambodia Daily (paywall)

Interior Ministry Says It Will Use New Party Law Against CNRP
The Interior Ministry inched closer to suspending or dissolving the CNRP on Thursday as it threatened to use the hastily passed Law on Political Parties against the opposition unless the CNRP took action—while refusing to specify what steps were required.
— The Cambodia Daily (paywall)

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Cambodian opposition figure sentenced again
Cambodia’s exiled former opposition leader Sam Rainsy was sentenced in absentia on Thursday to an additional 20 months in prison for defamation, on top of a previous five-year term.
— Reuters

Cambodia marks 20 years since deadly grenade attack
Hundreds of members of Cambodia’s opposition party held a ceremony Thursday marking the 20th anniversary of a grenade attack in the nation’s capital that killed 16 people.
ABC News

Cambodian scholar hails Cambodia-China ties, cooperation
Cambodia-China relations have achieved significant progress since the two countries forged a comprehensive strategic partnership of cooperation in 2010, said a prominent Cambodian scholar.
— Global Times

What Can Myanmar Learn From Cambodia’s Peace Process?
Early this March, Prime Minister Hun Sen spoke with Myanmar’s commander-in-chief General Ming Aung Laing about his experience with a “win-win policy” to dismantle armed groups and restore peace in communities formerly in conflict.
— The Diplomat

CNRP’s new leadership still unrecognised
At a press conference yesterday, Interior Ministry officials continued to cite a bureaucratic justification for failing to formally recognise the opposition’s leadership, while swatting away questions about how to fix the problem and threatening “legal action” if it wasn’t solved.
The Phnom Penh Post

Government Wants Private Sector to Join Fight Against Drugs
After recruiting police, monks and public schools, the government is now planning to enlist the private sector in its campaign against illegal drugs, an official said on Thursday.
— The Cambodia Daily (paywall)

Court Sentences Former Opposition Leader to 20 Months in Defamation Case
A Cambodian court has sentenced the former leader of the opposition, Sam Rainsy, to serve 20 months in prison and a fine of $2,500 in a defamation case filed by lawyers acting on behalf of Prime Minister Hun Sen.
— VOA

Opposition ‘Misinterpreted’ Meeting Discussion: Cambodia’s Ministry of Interior
Cambodia’s Ministry of Interior on Thursday refused to recognize the opposition Cambodia National Rescue Party’s (CNRP) new leadership, disputing claims by the party that the ministry had no objections to the appointments it made earlier this month during an extraordinary congress.
— Radio Free Asia

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Labor Expert Urges Caution Before Workers Sent to Qatar
A labor rights worker has told VOA Khmer that the government should put in place more protections before giving the green light to send workers to Qatar.
VOA

Jimei ends deal with NagaCorp, drops Cambodia scheme
Hong Kong-listed junket investor Jimei International Entertainment Group Ltd has announced the end of a partnership with NagaCorp Ltd for the promotion of not less than seven gaming tables within the latter’s NagaWorld casino (pictured), located in Cambodia’s capital Phnom Penh.
— GGRAsia

 

 

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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