Cambodia Morning News For October 4

Cambodia Morning News For October 4
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Cambodia morning newsCambodia to Get New Airport in Siem Reap
Cambodian Prime Minister Hun Sen said construction of a new airport and overhaul of other existing airports may be in the nation’s future. It reached an agreement with China’s Yunnan Investment Holding Ltd. to manage a new airport in Siem Reap under a 55-year build-operator-transfer concession. Construction of the new airport will begin in 2018.

Cambodia Urges Business Confidence Amid Political Tensions
As the Cambodian government and its allied media continue to ramp up rhetoric against the United States, a government spokesperson in Phnom Penh has urged American investors to remain confident in doing business in the country.
VOA Cambodia

Lenders foresee challenges in raising the local currency ratio
Commercial lenders have said the central bank’s requirement that banks and microfinance institutions (MFIs) increase the share of local currency in their loan portfolio to at least 10 percent by the end of 2019 could prove challenging to implement as their biggest clients exhibit a strong preference for deposits and loans in foreign currencies.
The Phnom Penh Post

Government shrugs off flag failings
The government is taking pains to distance itself from a North Korean arms shipment to Egypt, enabled by a Cambodian flag of convenience – but only after an explosive new report from the Washington Post resurrected the Kingdom’s involvement in the months-old case.
The Phnom Penh Post

Small Planet granted local Air Operator’s Certificate
The Kingdom’s aviation regulator yesterday granted an operator’s licence to Small Planet Airlines, allowing the Lithuanian-based leisure airline to operate flights from its new regional hub in Cambodia, civil aviation officials said.
The Phnom Penh Post

US Senators in Resolution Urging Cambodia to End Crackdown on Opponents
Senior Republican and Democratic U.S. Senators introduced a resolution on Tuesday urging Prime Minister Hun Sen to “end all harassment and intimidation of Cambodia’s opposition” ahead of 2018 general elections and release opposition Cambodia National Rescue Party (CNRP) leader Kem Sokha.
Radio Free Asia

Manet says jailing of Sokha was warranted
In an interview with Radio France International in Paris on Monday, Hun Manet, Prime Minister Hun Sen’s eldest son, defended the arrest of opposition leader Kem Sokha, claiming the move did not weaken democracy, but strengthened it through rule of law.
The Phnom Penh Post

Hundreds of Cambodian villagers evacuated as disposal of 2 U.S. tear gas barrel bombs gets underway
About 800 Cambodian villagers were evacuated to a safe refuge on Tuesday, as experts began an operation to remove two U.S. tear gas barrel bombs left from the Vietnam war era, an operation leader said.

Cambodian embassy sends back 16 migrant workers
The Cambodian embassy in Kuala Lumpur has repatriated 16 workers who could no longer withstand their working conditions.
The Sun Daily

GIZ’s work in Cambodia aims to respond to real local needs
Germany’s international development organization, the GesellschaftfürInternationale Zusamenarbeit (GIZ), plays an active role in promoting reconciliation, social justice, sustainability, and good governance in Cambodia.
The Phnom Penh Post

Cambodia PM urges citizens to stop buying chemically grown vegetables
Prime Minister of Cambodia, Hun Sen yesterday asked people to stop buying vegetables grown with the aid of chemicals in order to reduce imports, help local farmers and protect their health.
Fresh Plaza


Feature photo bvi4092
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.



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