Cambodia Morning News For May 29

Cambodia Morning News For May 29

Cambodia morning news

Cambodia Asian Business Networking Night Finds Most Happy
While inbound foreign investment to Cambodia might have taken an almost $1 billion, or 22 per cent whack in 2016* compared to 2015, a 43 per cent year on year (YoY) increase in new construction projects in the first four months of this year is set to counter that.
– AEC News Today

BSP Moves Into Cambodia
In a historic move, Bank South Pacific (BSP) has established a presence in Cambodia – to provide asset finance.
– Post Courier Online

Pi Pay goes cashless with app
Cash may be king in Cambodia, but Pi Pay Asia is banking on rising smartphone penetration and an arsenal of digital payment solutions to help dethrone it.
– The Phnom Penh Post

A kingdom’s great disruptors: Cambodia’s start-ups seeking success
Cambodia is seeing a fast rise in the number of entrepreneurs, seeking to solve problems and spin fast money with their very own start-ups.
– Channel NewsAsia

Training centre to help locals climb ladder at garment firms
The Garment Manufacturer Association of Cambodia (GMAC) will launch its new vocational training centre next month, providing courses aimed at upgrading the skills of Cambodian workers in a bid to replace the middle-management positions currently occupied predominantly by foreigners.
– The Phnom Penh Post

New recipe for Cambodia’s restaurants
It is one of Asia’s most unusual commutes. Once a week, Titi Vuthi drives his small “La Fattoria” refrigerated truck nearly five hours each way from Siem Reap to the Thai border, often waiting through the night for the customs office to open.
– Nikkei Asian Review

 

Feature photo UN Women Cambodia/ Charles Fox
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).

 

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John Le Fevre

Thailand editor at AEC News Today

John is an Australian national with more than 40 years experience as a journalist, photographer, videographer, and copy editor.

He has spent extensive periods of time working in Africa and throughout Southeast Asia, with stints in the Middle East, the USA, and England.

He has covered major world events including Operation Desert Shield/ Storm, the 1991 pillage in Zaire, the 1994 Rwanda genocide, the 1999 East Timor independence unrest, the 2004 Asian tsunami, and the 2009, 2010, and 2014 Bangkok political protests.

In 1995 he was a Walkley Award finalist, the highest awards in Australian journalism, for his coverage of the 1995 Zaire (now Democratic Republic of Congo) Ebola outbreak.

Prior to AEC News Today he was the deputy editor and Thailand and Greater Mekong Sub-region editor for The Establishment Post, predecessor of Asean Today.

In the mid-80s and early 90s he owned JLF Promotions, the largest above and below the line marketing and PR firm servicing the high-technology industry in Australia. It was sold in 1995.

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