Cambodia Morning News For October 16

Cambodia’s Increasing Prosperity: Domestic Hurdles Ahead
Cambodia recently made the transition from a low income to a lower middle-income country, according to the World Bank’s rankings. This is good news, but it poses a question: does Cambodia need to rethink its model of export-driven economic growth, as preferential access for its exports to developed countries is gradually reduced, or as aid flows diminish?
— AEC News Today

Cambodia’s political prince submits to its strongman
With Cambodia’s opposition warning of the imminent death of its democracy, the historic rival who once beat Prime Minister Hun Sen in an election said there was no option but to work with the strongman.
— Bangkok Post

AS ANTI-US FEELING GROWS IN CAMBODIA, CHINA CASHES IN
Chinese businesses are quietly expanding their footprint in Cambodia as relations between the Southeast Asian nation and Washington worsen and the din of anti-American sentiment grows louder.
— South China Morning Post

Air rivalry heats up in Cambodia
AT LEAST five new passenger airlines are preparing to launch Cambodia-based operations over the coming year, effectively doubling the number of local carriers and raising the level of competition on domestic and international routes.
— The Nation

Cambodian produce vendors block Sa Kaew crossing
About 1,000 Cambodian vendors held a protest blocking the temporary border crossing at Ban Khao Din in Sa Kaew’s Khlong Hat district on Sunday morning demonstrating against Thai authorities seizing their farm produce, such as garlic and papaya.
— The Nation

Business Insider: SHE platform lends a helping hand to female-run businesses
To help female entrepreneurs navigate the complex laws in the Kingdom and promote business registration and transparency, SHE Investments launched Ngeay Ngeay, an online business information platform, in late August.
— The Phnom Penh Post

74 Chinese suspects in telecom frauds extradited from Cambodia
A total of 74 Chinese nationals arrested for telecom fraud were sent back to China from Cambodia on Thursday under the escort of Chinese police.
— Xinhua

India health sector aims to bring in Cambodian patients
Indian companies in the pharmaceutical and health care sector are seeking to enhance their footprint in the Kingdom by extending beyond pharmaceutical trade through state financing that could establish a direct link to bring Cambodian medical tourists to the subcontinent.
— The Phnom Penh Post

Cambodia welcomes agricultural investment from China and Hong Kong
Cambodia’s deputy prime minister Soh Kheng expressed that Cambodia’s modern agricultural product processing platform is a realistic opportunity for increasing agricultural product value, increasing the income of farmers and rewarding enterprises through investment at an evening meeting with Green Collar Holding Group president chairman Zhang San Huo on Oct 11.
— Cambodia Expats Online

ASEAN MPs Slam Moves to Destroy Cambodian Opposition Party
Southeast Asian lawmakers warned on Friday against Cambodian government plans to redistribute parliamentary seats belonging to the opposition Cambodian National Rescue Party, calling the threatened move an attack on multiparty democracy in the politically troubled country.
— Radio Free Asia

Floods could destroy 2K hectares of paddies
More rain in the wake of the region’s Typhoon Khanan this week could lead to the destruction of almost 2,000 hectares of rice paddies in Cambodia’s northwest, according to agriculture officials.
— The Phnom Penh Post

Danish freight company Damco opened in Cambodia
Damco’s expertise is not just freight movements, but the entire sequence of interdependent connections that make goods visible and available wherever, whenever.
— ScandAsia

Singapore FM to visit Cambodia next week
Singapore Minister for Foreign Affairs Vivian Balakrishnan will pay an official visit to Cambodia from Oct. 17 to 18 to enhance bilateral ties and cooperation, said a Cambodian Foreign Ministry statement on Friday.
— Xinhua

Feature photo World Bank Photo Collection/Chhor Sokunthea
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.