Cambodia Morning News Roundup For February 27

Cambodia Morning News Roundup For February 27
Estimated Reading Time: 3 minutes |

Welcome to the Cambodia morning news roundup by AEC News Today, your one stop for Cambodia news on matters of governance and policies affecting Asean business communities.

Cambodia morning news

Electricity $4.4B closer to sufficiency
Over $3.2 billion was invested last year into increasing domestic electricity production, with an additional $1.2 billion sunk into infrastructure, according to the national electricity regulator.
—  The Phnom Penh Post

Govt reinstates biosecurity measures
The Agriculture, Forestry and Fisheries Ministry will reinstate sanitary and phytosanitary (SPS) inspections on imported goods close to 10 years after having made the commitment to the World Trade Organization (WTO).
  Khmer Times

Battambang on course for growth
Battambang, the city at the epicentre of Cambodia’s agricultural heartland, has long struggled to reward its farmers with profits and compete in global markets.
 The Phnom Penh Post

Axiata battered by forex rates, buoyed by Smart growth
Malaysia-based Axiata Group saw profits decline sharply in 2016 despite another strong year for its Cambodian subsidiary, Smart Axiata, according to the company’s year-end report.
—  The Phnom Penh Post

US investors remain positive
The US-ASEAN Business Council, which organised last week’s visit to Cambodia by a high-level delegation of US business representatives, is one of the most active bodies promoting US investment in the Kingdom.
—  The Phnom Penh Post

Industry 4.0 to be game changer for Cambodian enterprises
Cambodia-based Kerry Worldbridge Logistics (KWB) and InSITE Bavaria signed an agreement to develop the first German-Cambodian industry and technology cluster at Kerry Worldbridge Special Economic Zone.
—  Khmer Times

Another Private Bank Plans to Change Logo
After three private financial institutions said they would be changing their logos at the behest of the government last week, another major bank said it too would soon undergo rebranding.
—  The Cambodia Daily (paywall)

Vietnam Loggers Charged, Cambodian Released
The Mondolkiri Provincial Court has charged six Vietnamese nationals with logging and entering Cambodia illegally after they were caught last week attempting to drive back to Vietnam with a convoy of trucks loaded with contraband timber.
—  The Cambodia Daily (paywall)

CNRP Fast-Tracks Election of New President
The opposition CNRP will have a permanent new president by the end of the week, replacing recently resigned opposition leader Sam Rainsy, in order to ensure that the party can officially endorse candidates for commune elections in June.
—  The Cambodia Daily (paywall)

Sewage Overflow Hits Environment Ministry’s New Expensive Offices
The Environment Ministry is working with Phnom Penh authorities to stem the flow of smelly wastewater from the city’s overloaded sewage system into the waterway behind its new headquarters, officials said on Sunday.
—  The Cambodia Daily (paywall)

Cambodia to keep ivory for exhibition
rime Minister Hun Sen announced on Friday that Cambodia will keep confiscated ivory, rhinoceros horns and other confiscated goods to show in an exhibition Cambodia will not burn or destroy the items, he said.
—  Khmer Times

Nearly 2,000 smartphones seized
Customs officials in Koh Kong province seized nearly 2,000 smartphones on Friday night that had been hidden on a boat and illegally smuggled into the country.
—  Khmer Times

 

 

Feature photo: John Le Fevre

 

 

The Cambodia morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.

 

 

 

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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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