Cambodia Morning News For December 4

Cambodian strongman leader joins thousands in ‘stability’ ceremony
Thousands of monks have joined the Cambodian prime minister, Hun Sen, for a prayer ceremony at the famous Angkor temple, lauding “political stability” after the main opposition party was dissolved, an act that has cemented the strongman’s grip on power.
— The Guardian

Cambodian Garment Unions Fear Possible End of EU, US Trade Preferences
Cambodian garment unions expressed concern on Friday that access to vital European Union and U.S. trade preferences could be under threat following the dissolution of the main opposition party under Prime Minister Hun Sen’s government last month.
— Radio Free Asia

Agriculture players discuss insurance
Officials in the agriculture sector yesterday called on relevant stakeholders to scale up initiatives for crop insurance schemes to help Cambodian farmers mitigate the risks of having their fields destroyed by flooding and drought.
— The Phnom Penh Post

PM Hun Sen Allows CCHR to Continue Its Function
Cambodia’s Prime Minister Hun Sen allowed Cambodian Center for Human Rights (CCHR) to continue to function.
— Fresh News

Kingdom drops in oil investment survey
Cambodia ranks among one of the world’s least attractive destinations for oil and gas investment due to concerns over disputed land claims, cost of regulatory compliance and trade barriers, according to a global petroleum report released by Canada’s Fraser Institute.
— The Phnom Penh Post

Transparency International workshop presses business to be open
With Cambodia repeatedly being perceived as the most corrupt nation in Asean by Transparency International, the organisation held a workshop yesterday urging businesses to adopt more transparent operations to avoid legal battles and negative press that could hamper profits, especially as the Kingdom becomes greater connected to global supply chains.
— The Phnom Penh Post

Chinese cash fuels gambling boom in Cambodian backwater
Cambodia — This southern coastal city is ringing to the sound of construction.
— Nikkei Asian Review

Looted Angkor jewellery returned to Cambodia
A set of ancient Angkorian gold jewellery was returned to Cambodia on Saturday (Dec 2) with an elaborate procession through the capital, decades after the precious pieces were looted from a famed jungle temple.
— Channel NewsAsia

GMAC Appeal to International Buyers to Continue Supporting Cambodia
Garment Manufacturers Association in Cambodia (GMAC) has recently issued a statement appealing to international buyers to continue their supports on Cambodia, which is the improved well-being of all the Cambodian people.
— Fresh News

Vietnam to scoop up more Cambodian cashews
Vietnam, a major buyer of the Cambodian cashew nut, has unveiled a plan to purchase cashews in even greater volumes during next year’s harvest season, giving hope to farmers who rely on selling their crops at good prices from February through May.
— The Phnom Penh Post

About 520,000 Vehicles Pay Transportation Tax for 2017
Kong Vibol, Director General of General Department of Taxation, said that by 2017, about 520,000 vehicles are obliged to pay tax on private transportation.
— Fresh News

Business Insider: Post Media shifts focus to digital
With sweeping changes across Cambodia’s publishing industry, Marcus Holmes, CEO of Post Media, will be steering the publication through a “digital first” agenda that will transform the iconic publication into one that is faster and more effective in reaching its audience.
— The Phnom Penh Post

Feature photo Chris Graham/AusAID
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.