Cambodia Morning News For December 25

Hun Sen says Cambodia is self-sufficient and does not need other countries to ‘destroy peace anymore’
Prime Minister Hun Sen repeated his insistence that Cambodia is self-sufficient and does not need the support of outside countries on Saturday, while continuing to equate “peace” with development.
— The Phnom Penh Post

Silent Killer: Forget Cigarettes – Light up a Mosquito Coil Instead
The recent controversy generated by the Dengvaxia vaccine scandal in the Philippines will see many people returning to more traditional methods to ward off the debilitating effects of mosquito-borne disease, with mosquito coils and bed nets at the forefront of protection in mosquito-endemic areas.
— AEC News Today

Cambodia’s Opposition Party Urges Officials to Declare Assets Following Threats of Jail
Senior officials from Cambodia’s opposition Cambodia National Rescue Party (CNRP) are encouraging colleagues to declare their assets as instructed by the country’s Anti-Corruption Unit (ACU) to avoid legal action, following a warning by Prime Minister Hun Sen that those who fail to do so will be jailed.
— Radio Free Asia

Four parties to square off in February Senate vote
The National Election Committee (NEC) said only four political parties had registered to contest the February Senate elections, from which the country’s main opposition, the Cambodia National Rescue Party, will be excluded following its widely condemned dissolution by the Supreme Court in November.
— The Phnom Penh Post

Cambodia can’t escape cement imports
FOUR NEW Cambodian cement factories are set to come online in the near future, tripling the number of local producers, but insiders and officials say that even increased capacity will not significantly lower rates of cement imports to Cambodia due to the high costs of local production.
— The Nation

Business Insider: Ride-hailing app Grab has big plans for Cambodia
Malaysian technology company Grab entered Cambodia’s ride-hailing market last week, launching in a market already crowded with similar services including US-headquartered giant Uber and several locally owned and operated companies.
— The Phnom Penh Post

Sea drilling firm takes 49pct stake in PTGC
Mermaid Maritime, an international subsea and offshore drilling company, is acquiring a 49 percent stake in Cambodian company PTGC Co, whose primary asset is a plot of land in Phnom Penh, for $19.7 million.
— The Phnom Penh Post

Industrial development plan to boost economy is ‘90%’ on track
An ambitous 10-year plan to boost the country’s industrial development is “90 percent” on track and has earned the approval of Prime Minister Hun Sen, government representatives said yesterday.
— The Phnom Penh Post

Cambodian payment app Pi Pay teams up with China’s Alipay
JUST six months after being launched, local mobile payment platform Pi Pay has partnered with giant Chinese counterpart Alipay, to capitalise on the Chinese company’s broad network and to attract more traders to its platform.
— The Nation

Malaysia firm to bring Oddar Meanchey onto national power grid
Malaysian-owned power infrastructure provider Pestech (Cambodia) Ltd has won a $26 million job to start on a new electricity project in Cambodia that will see Oddar Meanchey province connected to the national power grid, according to a filing on the Malaysian stock exchange.
— The Phnom Penh Post

Thai trade MoU doesn’t need parliamentary OK
The memorandum of understanding (MoU) to encourage transborder trade between Thailand and Cambodia has been ruled exempt from Thai parliamentary approval by Thailand’s Constitutional Court.
— The Phnom Penh Post

Feature photo Wildlife Conservation Society Cambodia
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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.