Cambodia Morning News For June 27

Flexibility measures weighed for CSX
Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said.
— The Phnom Penh Post

100 New Buses Set to Hit Phnom Penh’s Streets
Five new bus routes will be added to Phnom Penh’s fledgling public bus service next month after 100 buses donated by China arrived at the Sihanoukville port on Monday.
— The Cambodia Daily (paywall)

NBC, South Korea team up for research
The central banks of Cambodia and South Korea signed an agreement on Friday to jointly conduct research and analyse the relationship between exchange rates and inflation in the Cambodian economy, according to bank officials.
— The Phnom Penh Post

Cambodian interior minister vows probe into arms smuggling case
Cambodian Interior Minister Sar Kheng has admitted that a cache of war weapons seized in Thailand’s Trat province by the Thai officials were smuggled through a “corridor” in Cambodia’s Koh Kong province and did not pass through the international checkpoint, The Phnom Penh Post Online reported on Monday.
— Thai PBS

Apsara Authority Demolitions Backed by the UN
The government’s decision to remove more than 500 homes it claims were built illegally in the Angkor Archaeological Park was supported by the U.N. on Monday, a blow to homeowners who say the issue was ignored leading up to commune elections.
— The Cambodia Daily (paywall)

Cambodia Opposition Slams Commune Elections as Neither Free Nor Fair
Cambodia’s opposition party on Monday praised improvements in the country’s electoral process a day after the release of official results from a commune ballot held earlier this month, but said a number of factors unfairly tipped the vote in favor of Prime Minister Hun Sen’s ruling party.
— Radio Free Asia

Cambodia Anti Drug Day
Cambodian police officers stand guard the drug destruction ceremony to mark an International Day against Drug Abuse and Illicit Trafficking , in Phnom Penh, Cambodia, Monday, June 26, 2017.
— The Gazette

Cassava prices hit a new low
Cassava prices in Cambodia experienced a sharp drop this month leading to heavy losses for smallholder farmers unable to quickly switch to more profitable crops and recoup their mounting losses, a provincial agriculture official said yesterday.
— The Phnom Penh Post

Hun Sen slams watchdog for saying commune elections ‘not completely free, fair’
Prime Minister Hun Sen yesterday slammed the election monitoring coalition the Situation Room for describing the recent commune elections as not completely free and fair, and called for the arrest of “any spies in Cambodia”, whether foreigners or citizens.
— The Phnom Penh Post

Hun Sen says no room for lying civil servants
Prime Minister Hun Sen yesterday reminded newly minted civil servants to focus on serving the people, saying there was little room in public service for bureaucrats who lied, while also using the opportunity to take a potshot at Information Minister Khieu Kanharith.
— The Phnom Penh Post

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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.

Cambodia Morning News For June 27 added by Leakhena Khat on June 27, 2017
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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.