Cambodia Morning News Roundup February 21

Cambodia Morning News Roundup February 21
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Welcome to the Cambodia morning news roundup by AEC News Today, your one stop for Cambodia news on matters of governance and policies affecting Asean business communities.

Cambodia morning news

H.I.V. Stalks Prostitutes and Their Children in Cambodia
Abortion and AIDS are the two most common causes of death among Cambodian
female sex workers, and AIDS is the most frequent cause of death among their children, according to a small new study.
The New York Times

Cambodia parliament backs change that bars leader’s rival
Cambodia’s parliament amended a law on Monday to stop anyone convicted of an offence from running for office, effectively barring long-serving Prime Minister Hun Sen’s main rival.

Cambodian parliament passes law that could destroy the opposition
Cambodia’s parliament today passed a controversial provision that severely curtails the power of the country’s opposition parties and effectively bans former opposition leader Sam Rainsy from returning to power.
Southeast Asia Globe

New platform revolutionises the way Cambodian businesses borrow money
Frustrated by limited funding options for small businesses, Chansamrach Lem launched the country’s first online peer-to-peer lending platform.
Southeast Asia Globe

Economic Zone Seeks High-Tech Investment
A local logistics firm has partnered with a German industrial park developer for a planned special economic zone in Kandal province to combine human skills training with cutting-edge industrial technology to woo high-value investors to Cambodia.
The Cambodia Daily

Investment Denied After Presentation To Wrong Body
A South Korean construction company was denied permission to invest in a multimillion-dollar irrigation system because company executives presented their plan to the wrong ministry, a government minister said on Monday.
The Cambodia Daily (paywall)

Acleda Replaces Logo After Gov’t Demand
Acleda Bank changed its 23-year-old logo and began replacing signage across the country on Friday at a cost of at least $3.5 million after the government said the design—a majestic, mythical bird encased in a circle—was too similar to that of the Economy and Finance Ministry’s, according to the bank’s president.
The Cambodia Daily (paywall)

Government Ditches Hydropower Dam for More Coal Power
The government has indefinitely put off plans for a hydropower dam in Koh Kong province’s Areng valley in favor of expanding an existing coal-fired power plant, though conservationists worry that a planned transmission line through the ecologically sensitive valley could still inflict heavy damage.
The Cambodia Daily (paywall)

Thai firm to energise Poipet industrial park
Poipet PPSEZ Co Ltd, a wholly-owned subsidiary of Phnom Penh SEZ Plc and operator of the soon to be completed Poipet Special Economic Zone (Poipet PPSEZ), signed a memorandum of understanding yesterday with a leading Thai energy provider to supply power to the 66-hectare industrial park.
The Phnom Penh Post

Cluster model to entice SEZ investors
Kerry WorldBridge Logistics SEZ, which is developing a 63-hectare industrial park and free trade zone 17 kilometres south of the capital in Kandal province, has taken on a new partner to design and create an “industry and technology cluster” aimed at attracting non-garment manufacturing investment to its embryonic special economic zone (SEZ).
The Phnom Penh Post

Cambodia approves power projects to reduce electricity imports
The Cambodian cabinet has approved two electricity development projects in a bid to address the increasing demand for electricity in the country.
Bangkok Post



Feature photo: John Le Fevre




The Cambodia morning news roundup is published M-F by AEC News Today: Governance, not government; policies not politics.





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