Cambodia Morning News Roundup For March 6

Cambodia Morning News Roundup For March 6

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

Finding value in a frontier property market
The Khmer Ventures Property Fund is the first fund to invest exclusively in Cambodian real estate.
The Phnom Penh Post

MFI credit firm to push deeper into Cambodia
Micro-Credit Ratings International Ltd (M-CRIL), an Indian provider of rating and advisory services to the microfinance industry, has secured a $1.5 million equity investment agreement from the Asian Development Bank (ADB) to push into emerging markets including Cambodia, the ADB said in an announcement last Friday.
The Phnom Penh Post

Quietly Released US Rights Report Slams Courts, Corruption
The U.S. State Department released its annual human rights report on Friday with little fanfare, repeating longstanding past concerns with Cambodia’s judiciary, corruption and intimidation of civil society to an increasingly unreceptive government.
The Cambodia Daily (paywall)

Government Microfinance Messaging Getting Old, Minister Says
Less than two weeks into a state-mandated campaign to blanket mobile phone users with audio and text messages about microfinance institutions (MFIs), many are already tired of the government’s broken-record approach.
The Cambodia Daily (paywall)

Unlikely Partners: Cambodia and the Eurasian Economic Union
In its efforts to bolster trade and forge new international alliances, the Southeast Asian Kingdom has opted to increase ties with some unlikely partners: the members of the Eurasian Economic Union (EEU).
The Diplomat

Angelina Jolie Says She Hopes Cambodians Feel Pride, Not ‘Hatred’ in Being the Subject of Her Film
With the release of her film First They Killed My Father on the horizon, Angelina Jolie hopes that by shedding light on the genocide in Cambodia under the Khmer Rouge communist party’s regime, the Cambodian people will take pride in what they survived instead of feeling hatred or resentment for what the country endured in the late 1970s.

As Cadre’s War Crimes Charges Dropped, Doubts Cast over Cambodian Justice
The decision not to pursue a trial against former Khmer Rouge cadre Im Chaem last month has prompted fresh questions over government influence over the U.N.-backed Khmer Rouge tribunal.

Hitachi forms joint venture with CMED
Japan’s Hitachi Ltd has officially entered into a joint venture partnership with the local construction company CMED Group Co Ltd, aimed at expanding its sales, installation and maintenance services for elevators and escalators throughout the Kingdom, the company announced on Friday.
The Phnom Penh Post

Opposition Picks New Leadership Following Rainsy Resignation
The opposition Cambodia National Rescue Party has selected its former deputy leader, Kem Sokha, to assume the presidency following the departure of Sam Rainsy last month.

Trial Begins for Kem Ley Murder Suspect
The Phnom Penh Municipal Court on Wednesday opened proceedings against the alleged killer of prominent political commentator Kem Ley, who was fatally shot in Phnom Penh in July.

Government to Build New $12M Building for Fine Arts University
Almost two years after the government announced the relocation of the Royal University of Fine Arts (RUFA) from central Phnom Penh to the city outskirts, Prime Minister Hun Sen finally announced on Friday that $12 million would be spent on the new building, though he admitted that not all of the funding had been secured.
The Cambodia Daily (paywall)

In Leaked Audio, Hun Sen Advises Kem Sokha
Prime Minister Hun Sen on Sunday confirmed the authenticity of a recorded telephone conversation with CNRP President Kem Sokha last year in which Mr. Sokha appears to distance himself from his partner at the time, former opposition leader Sam Rainsy.
The Cambodia Daily (paywall)

PM, Sokha talk leaked, purports to show private negotiations between rivals
The prime minster yesterday boasted he was pulling the opposition’s strings after verifying as “one hundred percent” true a leaked phone conversation purporting to feature details of a back-channel deal with opposition leader Kem Sokha, as the latter attempted to negotiate his freedom from effective house arrest.
The Phnom Penh Post



Feature photo: John Le Fevre



Update: This story was last updated at 11:28 on March 6, 2017: The feature image was changed.



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



Note: Effective March 6, 2017 AEC News Today will no longer cite The Khmer Times due to poor credibility, probity, and governance.




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