Cambodia Morning News For May 4

Cambodia Morning News For May 4
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Cambodia morning news

ADB guides Vietnam, Cambodia to greater growth
The Asian Development Bank funds physical infrastructure across the region, but unlocking a country’s growth potential takes more than roads and railways.
– Nikkei Asian Review

World Economic Forum Registration Underway
About 600 people have registered to attend the World Economic Forum on Asean in Phnom Penh next week, according to Transport Minister Sun Chanthol, whose ministry is an organizer of the event.
— The Cambodia Daily (paywall)

Cambodia Loses Regional Top Spot in Global Press Freedom Index
In a scathing attack on independent media in Cambodia which it claimed were abusing their freedoms, the country’s foreign ministry last month claimed that the press was so free that it was able to report false accusations against the government unimpeded.

On World Press Freedom Day, CPP touts record on free speech
A day after a prominent journalist was slapped with an arrest warrant, government officials pulled out all the stops yesterday to tout what they insisted was Cambodia’s free and unfettered press.
The Phnom Penh Post

Cambodian farmers cash in on high cashew prices
International commodity prices for cashew nuts are rapidly increasing due to lower supply from Cambodia and Vietnam which is driving up profits for the Kingdom’s farmers, according to industry stakeholders.
The Phnom Penh Post

Life insurance market grows
Two new life insurance companies will launch operations in Cambodia by the end of this week, aiming to grab hold of a market that has seen rapid expansion in recent years while also creating stronger competition in the emerging industry.
The Phnom Penh Post

Cambodia Says Laos Lacks Documents on Transboundary Impacts of Proposed Pak Beng Dam
Cambodia will request further information on the transboundary impacts of Laos’ proposed Pak Beng hydropower project following an upcoming regional stakeholder meeting on Friday, an official has said.

Cambodian Companies Falling Short of CSR Goals: Businesswoman
Misconceptions and a lack of regulation for corporate social responsibility (CSR) in Cambodia are the main challenges facing ethical business practices in the country, an expert has said.

Cambodia ready to host World Economic Forum on ASEAN: minister
Cambodia is ready to host the World Economic Forum on ASEAN, which is scheduled from May 10 to May 12 in Phnom Penh, government officials said Wednesday.

Metawater to help save electricity at Cambodian water plant
Metawater will provide its power-saving inverter technology to a water treatment plant in Cambodia’s capital through an arrangement that will help the Japanese government earn carbon reduction credits.
Nikkei Asian Review

Breaking: Cambodian government accepts new CNRP bylaws
A Cambodian Ministry of Interior official today confirmed that the CNRP most recent set of amendments to its bylaws had been officially accepted, freeing up the party to reinstate three deputy presidents whose status had been challenged, and seemingly bringing an end to what had become a weeks-long bureaucratic obstacle course.
The Phnom Penh Post

Opposition MP Questions Alleged Corruption at Apsara Authority
Senior opposition lawmaker Son Chhay has called for a review of government spending on the Apsara Authority, the body that overseas the Angkor Archaeological Park.

Ministry Announces Press Museum Plans at Memorial Event
Coinciding with World Press Freedom Day, members of the media and government officials gathered in Phnom Penh on Wednesday to honor journalists slain during the 1970s civil war, with the Information Ministry announcing plans to build a press museum.
The Cambodia Daily (paywall)

CNRP Bylaws Accepted, but Vice Presidents Still Pending
After repeatedly rejecting the opposition CNRP’s amended bylaws for the past two months, the Interior Ministry on Wednesday finally accepted the changes, though it has yet to sign off on the party’s new vice presidents.
The Cambodia Daily (paywall)

City Hall to Survey, Grant Land Titles to Qualified Urban Poor
Families classified as being part of the urban poor could be granted land titles giving them the “legal right” to remain where they’re currently living if they pass an assessment by City Hall, a government official said on Wednesday.
The Cambodia Daily (paywall)

Media director Sitha Nuon on the value of hard work in Cambodia
Moving to Phnom Penh at the age of 18, Sitha Nuon spent years working at a minimart and as a receptionist before rising through the ranks of media giant Havas Riverorchid Cambodia
— Southeast Asia Globe

Review: ‘Angkor Awakens,’ a Blistering Account of Cambodia’s Painful Past
In 2012 the Cornell physics professor and documentarian Robert H. Lieberman directed “They Call It Myanmar,” an impressive portrait of that country as it struggled to emerge from military rule.
The New York Times

Man arrested in Cambodia child abuse probe
A British man has been arrested in Cambodia on suspicion of abusing young girls. In a video statement, police named him as 68-year-old Clive Cressy, believed to be from Hove in East Sussex.

Cashew prices skyrocket after low yields in Vietnam & Cambodia
Cashew nut prices have hit the roof and seem to be on a sustained rally due to a crop shortfall in Vietnam.


Feature photo Stella-maris Ewudolu
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).


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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.




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