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Cambodian paper’s demise bad for business
One of Cambodia’s most respected independent newspapers, The Cambodia Daily, closed last week after being handed a US$6.3 million back tax bill with interest that its owners couldn’t pay.
— Asia Times

US ambassador rejects allegations of plotting in Cambodia
The US ambassador to Cambodia has hit back against claims the US is involved in plots against the Cambodian government and joined the chorus of international voices calling for the release of the country’s opposition leader.
— Financial Times

Fresh sand ‘fraud’, claims NGO Mother Nature, as sand numbers between Taiwan and the government appear to be off by more than 1.5M tonnes
More than $30 million in Cambodian sand exports registered by Taiwan appear to be missing from Cambodia’s customs records, according to data from both governments, marking yet another large-scale discrepancy in the Kingdom’s figures on the trade.
— The Phnom Penh Post

New cement plants to max out production capacity
Two large cement plants are expected to begin operations by the end of the year, according to a state official, who said the Kingdom has reached its limit for domestic cement production and the government will stop issuing new licences in order to protect dwindling natural resources.
— The Phnom Penh Post

RDB extends deadline for rice-storage bidding
The government-run Rural Development Bank (RDB) has extended the deadline to receive proposals from registered Cambodian agricultural firms to develop rice storage and drying facilities after receiving a tepid response to its finance offer, a bank official said yesterday.
— The Phnom Penh Post

Cambodia Spurred by US State Dept. Rebuff to Overhaul Casino Regulations
Cambodia is the latest nation to introduce tighter regulations for its casino industry, in part to attract new investment from international operators. The move follows a US State Department report that described the country’s casino sector as “unregulated or under-regulated,” a designation that would likely keep away American casino interests.
— Casino Org

Cambodia has sole objective for US
Cambodia intends to submit a petition to the United States government to extend the duty-free privileges of its Generalised System of Preferences (GSP) scheme to include footwear, giving local manufacturers a competitive advantage in the world’s biggest consumer market.
— The Phnom Penh Post

US Envoy Criticizes Cambodia Over ‘Absurd’ Plot Claims
The U.S. ambassador to Cambodia on Tuesday described as “baseless” claims from the country’s leader that the United States was involved in an attempt to overthrow the government.
— VOA Cambodia

Banks capitalise on Cambodia’s high mobile phone usage
Cambodia is changing from a quiet, tranquil country to a lively, tech-savvy nation. Walk down the streets of Phnom Penh and you’ll pass a host of millennial Cambodians gripping smartphones, beavering away on their social media accounts, shading their washed-out screens from the summer sun’s glare.
— The Phnom Penh Post

Manulife Cambodia: five years in and still growing fast
In the five years since Manulife set up an office in the Kingdom of Cambodia, the local business for this international life insurance company has grown rapidly. Today, more than 45,000 Cambodians throughout the country have insured their future financial well-being through Manulife Cambodia. Let’s hear from Robert Elliott, CEO of Manulife Cambodia.
— The Phnom Penh Post

Nutrient-tailored lunches could bolster health among garment workers: Cambodia study
Lunch provisions specifically designed to address deficiencies and caloric needs can support nutrition and health among workers in Cambodia, claim researchers.
— Food Navigator Asia

Cambodia: Protect Montagnards Refugees
The Cambodian government should not carry out its threats to imminently return a group of ethnic Montagnards to Vietnam, Human Rights Watch said today. The United Nations High Commission for Refugees (UNHCR) says they are refugees with a well-founded fear of persecution if sent back. Sending them back would violate Cambodia’s international and domestic legal obligations.
— Human Right Watch

Beating the odds and clearing landmines in Cambodia
I first photographed Tith Pao just after his foot was blown off by a landmine in 1992. At the time, Cambodia was one of the most heavily mined countries in the world, along with Afghanistan and Angola. Exactly 25 years later, I returned to visit Pao and found the district transformed, almost entirely free of landmines. Life for Pao and his young family had improved beyond measure.
— Aljazeera

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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