Cambodia Morning News Roundup For February 22

Cambodia Morning News Roundup For February 22
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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

Officials Challenge Government’s News Report About Parties
Election and Interior Ministry officials have denied parts of a government news report claiming that 12 political parties—not including the CNRP—would likely be barred from fielding candidates in June’s commune elections based on pending legislation.
The Cambodia Daily (paywall)

Vietcombank to open subsidiaries in Laos, Cambodia
The Bank for Foreign Trade of Vietnam, one of the country’s four largest State-owned commercial banks, plans to open subsidiaries in Laos and Cambodia this year, a bank official has said.

Environmental Groups Call on Cambodia to Reject New Laos Dam
Cambodian environmental groups on Friday asked the government to reject Laos’ 912-megawatt Pak Beng hydropower project, alarmed by the potential impacts on fisheries and sediment flow in the Mekong.

Cambodia to head development group
Cambodia was appointed the chairman of the Least Developed Countries (LDC) group coordinator on Monday, it was announced after the handover ceremony at the World Trade Organization (WTO) in Switzerland.
Khmer Times

German firm signs industry pact
Cambodia-based Kerry Worldbridge Logistics SEZ and InSITE Bavaria yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study to develop the first German-Cambodian industry and technology cluster at Kerry Worldbridge Special Economic Zone.
Khmer Times

Shortages push up cashew price
The price of fresh cashews has jumped by about 30 percent over the price last year due to shortages of the nut and the fact that the harvest will not get into full swing until early next month.
Khmer Times

CSX developing app for securities trading
A new online trading platform is being developed to spur interest in Cambodia’s sleepy stock market by allowing traders to access the exchange remotely via software compatible with smartphones, a bourse spokesman said yesterday.
The Phnom Penh Post

JC airlines is almost ready to fly
With its operating licence almost in the bag, JC International Airlines is gearing up to launch passenger service next month with two aircraft and an ambitious expansion plan.
The Phnom Penh Post

Emirates set to launch flights to Phnom Penh
Emirates Airlines will expand its presence in Cambodia by launching a daily passenger flight between Dubai and Phnom Penh, with a stopover in Yangon, as part of the Dubai-based carrier’s push into the region.
The Phnom Penh Post

Korean investor mulls cashew nut exports
Minister of Agriculture Veng Sokhon met yesterday with representatives of South Korean firm Hwashin Construction Co Ltd to discuss a potential investment of $200 million in cashew nut exporting and an irrigation system, a ministry official said.
The Phnom Penh Post

US Firms, Envoys Differ in Approach to Gov’t
A U.S. business delegation arrived in Cambodia on Tuesday eager to deepen relationships between the two countries, a day after the U.S. Embassy issued a statement condemning recent developments in Cambodian politics.
The Cambodia Daily (paywall)

Cambodians Hope Angelina Jolie’s Film Will Help Spread Awareness of a Harrowing History
After viewing Angelina Jolie’s latest production, “First They Killed My Father”, in Siem Reap this week, Cambodians say they hope the film will encourage more people to learn about their harrowing history.




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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