Cambodia Morning News For July 5

Cambodia Morning News For July 5

Cambodia morning news

MEF holds agricultural workshop
The Ministry of Economy and Finance (MEF) organised a consultation workshop yesterday to gather information and comments from agriculture sector stakeholders to assist in the preparation of a 2018 national budget that would better support to the sector.
The Phnom Penh Post 

Agro-processing SEZ moves closer to reality
A Chinese firm that plans to invest $2 billion into developing the Kingdom’s first special economic zone (SEZ) dedicated solely to agricultural processing and storage has signed on a new partner to help jumpstart the stalled project, a top agriculture official said yesterday.
The Phnom Penh Post 

Cambodia to grow strongly with moderate inflation in short term: AMRO
Cambodia’s economic growth is expected to remain stable in 2017 and inflation will pick up due to increases in fuel and food prices, the Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) said in a press release on Tuesday.

Police Request Over $500K to Reward Drug-Busting Officers
The National Police has requested more than $500,000 from the Interior Ministry to fund bonuses for police officers involved in confiscating illegal drugs, officials said on Tuesday.
— The Cambodia Daily (paywall)

AMRO forsees stable growth ahead
Cambodia’s economic growth is expected to remain stable this year with inflation rising slightly on increases in the costs of global fuel and food prices, the Asean+3 Macroeconomic Research Office (AMRO) concluded following its annual consultation visit to the Kingdom.
The Phnom Penh Post 

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Cambodia ministry to train 50,000 tourism industry workers annually
The Ministry of Tourism of Cambodia will establish a tourism development fund and develop a plan to train around 50,000 tourism industry workers annually from now to 2025.
Vietnam Plus 

Phnom Penh closes down all unofficial border checkpoints with Thailand
The Cambodian has closed down all unofficial border checkpoints with Thailand in Banteay Meanchey and Battambang in an apparent reaction to the Thai government’s recent promulgation of a new alien workers’ law imposing stricter punishments on illegal migrant workers as well as their Thai employers, according to a report in The Phnom Penh Post Online on Tuesday.
Thai PBS 

Import and Export Procedures in Cambodia – Best Practices
In 2015, Cambodia exported US$16.1 billion worth of goods and imported US$15.3 billion. Cambodia’s top export destinations include the United States, the United Kingdom, Germany, Japan, and Vietnam.
Asean Briefing 

Rising Food, Fuel Prices to Push Up Inflation, AMRO Says
Cambodia’s rising wages and consumer demand for food and fuel is expected to push up inflation this year, a regional research agency said following a country visit.
The Cambodia Daily (paywall)

World Bank Appoints New Director for Region
The World Bank has appointed a new director for Cambodia, Burma and Laos, it said in a media statement on Tuesday.
— The Cambodia Daily (paywall)

Cambodia, Myanmar moot plan to promote ancient temples
Cambodia and Myanmar are discussing a plan to attract tourists to ancient temples in both nations.
Bangkok Post 

Online gambling operator Jonny Ferrari tempts fate with “Cambodia is corrupt” comments
A Cambodian-licensed online gambling operator may be testing the patience of local authorities with his claim that the nation is a cesspool of corruption.

White Building Residents Say Move-Out Deadline Pushed
The few remaining families left inside Phnom Penh’s White Building have been given a reprieve after Land Management Ministry officials apparently extended a deadline for those holding out to leave their homes, according to a resident on Tuesday.
— The Cambodia Daily (paywall)

Make working in Thailand more accessible, dignified
Workers at the Migrant Resource Centre in Poipet count in “trucks”. Nine trucks yesterday. Fourteen trucks the day before. Today there will be seventeen trucks.
The Phnom Penh Post 

Cambodian Shinta Mani Hotels Announce Rebranding of Existing Hotels
Shinta Mani Hotels, Cambodia’s leading luxury boutique hotel group has embarked on an evolutionary journey that will rebrand its existing two properties, Shinta Mani Club and Shinta Mani Resort on 1 July. Development plans include two unique and exquisite new properties in collaboration with acclaimed designer and architect Bill Bensley, to open in late 2017 and mid 2018 respectively.
Hospitality Net 

Looking for a job in Cambodia? Banks and hotels are hiring
Which industries offer the most opportunities for young Cambodians today? How do you think this will change over the years ahead?
Southeast Asia Globe 

Pig farmers ditch task force to monitor smuggling
A private sector task force set up by Cambodia’s pig farmers to monitor live swine imports and investigate reports of illicit smuggling has been disbanded after receiving a cold reception from government officials, the initiative’s leader said yesterday.
The Phnom Penh Post 


Feature photo Andrzej Wrotek
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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Leakhena Khat

Leakhena is a junior journalist at AEC News Today who is also currently studying International Relations, which she finds adds perspective to her work reporting on the Asean Community.

“I love what I am doing so much as it gives me a lot of great experience and provides challenges to my mind.

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