Cambodia Morning News Roundup For March 1

Cambodia Morning News Roundup For March 1

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


Canada Adds to Pressure on Cambodia Over Political Parties Law
Cambodia’s government is continuing to feel the fallout from its decision to amend the political parties law ahead of elections in June and next year.

Cambodian Government Cites Trump in Threatening Foreign News Outlets
In a sign that President Trump’s criticism of the news media may be having a ripple effect overseas, a government spokesman in Cambodia has cited the American leader in threatening to shutter foreign news outlets, including some that receive money from Washington.
The New York Times

Report Highlights Surplus of Gated Real Estate
In another indication of Phnom Penh’s oversaturated real estate market, a report released on Tuesday says that a third of individual houses in gated communities launched for sale last year have yet to sell, in addition to tens of thousands of units still in various stages of completion soon to hit the market.
The Cambodia Daily (paywall)

Government Soliciting Money to Fund $62M Project For Farmers
A government project aimed at helping farmers make better profits from small-scale agricultural businesses is looking to secure more than half of the $62 million cost through international funding, the Economy and Finance Ministry announced on Tuesday.
The Cambodia Daily (paywall)

Exports driving shift in Thai trade
Cambodian exports to Thailand surged by 46 percent last year compared with 2015 while imports from the neighbouring country decreased slightly, according to statistics provided yesterday by the Ministry of Commerce.
The Phnom Penh Post

KDIC moves closer to assets
Investigators from South Korea’s state-run deposit insurer have announced that they will open a dedicated branch office in Phnom Penh next month to advance efforts to recover Cambodian property assets linked to bankrupt Korean savings banks.
The Phnom Penh Post

Senate feeling ‘violated’ by UN
Cambodia’s Senate yesterday swiftly rubber-stamped widely criticised amendments to the Law on Political Parties, but not without first promising to “take action” if the UN Office of the High Commissioner for Human Rights interfered in domestic affairs.
The Phnom Penh Post

Accounting, finance skills most sought after
Job applicants with accounting and finance skills stand a better chance of being hired by Cambodian employers seeking to fill vacancies in their companies, according to a report released yesterday by online career portal Everjobs.
Khmer Times

100 Benzes to hit streets
Star Auto (Cambodia) Co. Ltd, the authorized general distributor for Mercedes-Benz in Cambodia, is aiming big. The company wants to sell around 100 luxury Mercedes-Benz cars this year, which represents a fivefold increase compared with their sales last year.
Khmer Times

Japanese banking giant opens branch
Tokyo-based Mizuho, one of largest banks in Japan, is to open a branch in Cambodia in response to rising investment from the world’s third-largest economy in the kingdom.
Khmer Times

Cambodia Scores 157th in World for Open Data
Cambodia has scored dismally in a global development index, the 2016 Open Data Inventory, which assesses the accessibility of official national statistics from government and private sector websites in 173 countries.
The Cambodia Daily (paywall)

Public Perception of Government Anti-Corruption Efforts Diminishes
Though a smaller proportion of Cambodians reported bribing public officials last year, more people indicated the government was doing a poor job fighting corruption than five years ago, according to a new report.
The Cambodia Daily (paywall)



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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