Cambodia morning news for August 8

Cambodia morning news for August 8

Cambodia morning newsFinancial Firm Says Cambodia Could Face Economic Hardship if West Cuts Aid, Imposes Sanctions
Financial analysts at a leading credit rating agency have reported that last month’s election has increased the risk of economic decline in Cambodia.
— VOA Cambodia

Rainsy Not Dares to Swear with PM Hun Sen
Former opposition leader Sam Rainsy, through Radio Free Asia (RFA) on Tuesday, dared not to swear for death with Cambodian Prime Minister Hun Sen, President of the Cambodian People’s Party (CPP).
— Fresh News

How Chinese money is changing Sihanoukville – ‘No Cambodia left’
The once-sleepy beach town of Sihanoukville has been transformed by Chinese investment – and the sheer speed of development has divided locals.
— South China Morning Post

Win-Win Memorial to Inaugurate in Late December; Government to Celebrate 20th Anniversary of Win-win Policy
The new Royal Government of Cambodia will commemorate the 20-year anniversary of win-win policy (1998-2018), a compass to completely end civil war in Cambodia; and officially inaugurate Win-Win Memorial on 29 December, Defense Minister Tea Banh told the meeting on Tuesday.
— Fresh News

Cambodia, China team up to boost local silk sector
With the aim of boosting the local sericulture sector, the Royal Academy of Cambodia (RAC) and the South China Agricultural University (SCAU) will soon begin a collaboration to conduct research in the industry and train farmers.
— Khmer Times

Experts say year won’t pan out well for rice exports
While the Kingdom’s rice exports have been declining for the past five months, industry insiders predict that the year’s total will fall as much as 10 per cent compared to last year.
— The Phnom Penh Post

Ministry lauds businesses for cutting down plastic bag usage
The Ministry of Environment yesterday praised local supermarkets and shopping centres for reducing plastic bag usage following legislation passed last year that requires them to charge customers for plastic bags.
— Khmer Times

A hereditary dictatorship looms on Cambodia’s horizon
Cambodia held elections last month, but the outcome was never in doubt. Prime minister Hun Sen and his Cambodian People’s Party (CPP) won with ease, in what was widely considered a rigged contest.
— Quartz

Sam Rainsy Has No Rights to Demand for Ballot Recounting by Law
Sam Rainsy, opposition party leader, has no rights to demand for ballot recounting, for such demand is violating Cambodian law, Som Sorida, deputy secretary-general of the National Election Committee (NEC), told Fresh News on Tuesday evening.
— Fresh News

Latest addition gives Cambodia’s exchange a boost
THE BIG guns of the Cambodian stock market – a “Clean Water Hero” and a liquor and real estate queen – may be able to revive the fortunes of one of the smallest exchanges in the world, with just five listed firms, that has seen thin trading since it began operating in April 2012.
— Business Times

Minister of Labor: Garment Workers Deliver 35,000 Babies; Receive Nearly $3 Million Funds from Government
More than 34,000 women gave birth to nearly 35,000 babies; they received approximately $3 million from the government, counting from 1 January to 7 August 2018, according to Ith Sam Heng, Minister of Labour and Vocational Training on Tuesday.
— Fresh News

India to modernise rural areas in Cambodia with digital village
In a move to bring technology to the rural areas and boost the development of the local agricultural sector, India will set up a digital village in Cambodia, the Indian Ambassador to Cambodia announced this week.
— Khmer Times

Cambodia’s tour guides voice concern over app that will offer audio tours
Tour guides at Cambodia’s historical sites are voicing concern over an audio tour app they said is threatening their careers.
— The Nation

Top 5 heritage boutique hotels in Laos and Cambodia you should check in to
Luang Prabang in Laos and Siem Reap in Cambodia are two popular Unesco-listed heritage haunts for very different reasons.
— South China Morning Post

SADIF acquires minority stake in Nham24
The investment into Nham24, through the Smart Axiata Digital Innovation Fund (SADIF), is in line with Smart’s intention to partner with promising digital companies and to offer of a vast array of services to its customers, said CEO Thomas Hundt yesterday.
— Khmer Times

 

Feature photo Maya-Anaïs Yataghène

 

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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Sreypov Men recently completed a course of study in International Relations at the Institute of Foreign Languages.

She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018

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