Cambodia Morning News For July 3

Cambodia Morning News For July 3

Cambodia morning newsPhnom Penh’s housing crisis
Cambodia has emerged as one of Southeast Asia’s most promising young markets in recent years, with its construction and garments industries in particular attracting the lion’s share of foreign direct investment (FDI) to the nation, which amounted to US$1.92 billion in 2016.
— The Asean Post

National Bank of Cambodia warns of dodgy lenders
The National Bank of Cambodia (NBC) announced on Friday that it is seeking to cooperate with relevant stakeholders to crack down on illegal lenders.
— The Phnom Penh Post

NEC confident election will be free, fair and just
As the July 29 national election nears, Khmer Times COO Kay Kimsong interviews National Election Committee spokesman Dim Sovannarom on some critical issues that concern the public before the vote.
— Khmer Times

Cambodian Workers in Thailand Vows to Vote in July’s Election amid Incitement
Cambodian workers in Thailand told Chheang Vun, Cambodian People Party’s lawmaker, they will come to vote on 29 July to choose a leader they favor.
— Fresh News

Cops in Kampong Cham, Pursat take course in how to prevent riots
Nearly 600 provincial police officers from Kampong Cham and Pursat completed a training course in protest and strike preparedness which taught them how to deal with potential unrest before and after the national elections on July 29.
— The Phnom Penh Post

Porsche Cambodia CEO talks growth, driverless cars and illegal imports
As Cambodia has begun to develop a solid middle class, it has attracted some of the world’s most prestigious brands.
— Southeast Asia Globe

Trade war upends China’s economic balancing act
China’s government is facing a multi-front battle to defend its economy, fighting to reduce its debt mountain while the yuan and local stock markets tumble in the face of a US trade conflict.
— The Phnom Penh Post

The invisible entrepreneurs of Phnom Penh city
Southeast Asia is experiencing rapid urbanisation, and with it comes more and more people who are absorbed into the unregulated, informal sectors of the economy.
— Khmer Times

Demand rising for water pumps
WIth the Kingdom’s annual economic growth standing at seven percent, investors from the hospitality industry are showing interest in Cambodia. But hotels, malls and commercial spaces are pushing demand for a high-quality water supply and pumps to go along with them.
— The Phnom Penh Post

MoFAIC’s Spokesman: Chinese in Cambodia Are Tourists, Investors, and Workers, Not Refugees
Ministry of Foreign Affairs and International Cooperation (MoFAIC) spokesman Chum Sounry said that the presences of Chinese in Cambodia are not refugees, but tourists, investors and workers, contributing to developing Cambodia.
— Fresh News

Cambodia prepares the ground for smart cities
The Cambodian government is partnering up with tech associations to boost the transfer of technology into the Kingdom and lay the foundations for the creation of smart cities in the near future.
— Khmer Times

EU firms on display at country’s first Eurofair
More than 40 exhibitor stock part in the first three-day Euro-fair in Cambodia. The event started on Friday and ended on Sunday on Koh Pich Island.
— The Phnom Penh Post

The military is clean: PM
Prime Minister Hun Sen yesterday lashed out at Human Rights Watch director Brad Adams who accused 12 top military and police officials close to him of committing human rights violations to prop up his rule.
— Khmer Times

Thais arrest woman who cut off husband’s penis
A 24-year-old Cambodian woman was arrested in Thailand yesterday on suspicion that she had cut off her husband’s penis in a fit of jealousy.
— Khmer Times

Prime Minister Hun Sen: Chinese Support Contributes to Cambodia’s Socioeconomic Development (Video inside)
Cambodian Prime Minister Hun Sen expressed gratitude to China’s support towards the leadership in Cambodia.
— Fresh News (video)

Book details China’s BRI benefits for Cambodia
A new book about China’s Belt and Road Initiative, penned by a CPP lawmaker and his co-author, argues that Cambodia stands to benefit from the initiative.
— Khmer Times

Lodgis buys Raffles in Cambodia
Lodgis Hospitality Holdings has completed the acquisition of two historic hotels in Cambodia collectively identified as “Raffles Hotels”.
— TTR Weekly

 

Feature photo John Le Fevre

 

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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