Cambodia Morning News For April 24

Business registration up 160 percent
Over 3,500 companies registered with the Ministry of Commerce during the first three months of the year, a hike of nearly 160 percent compared to 2017.
— Khmer Times

Hun Sen warns union leaders not to associate with the opposition
Cambodia’s union leaders have been told by Prime Minister Hun Sen to make sure that their factory workers will not organize political protests or support the ramnants of the now-dissolved opposition party, The Phnom Penh Post Online reported .
— Thai PBS

Asian Development Bank and Cambodia: Fact Sheet
ADB’s assistance to Cambodia rests on deepened rural–urban–regional links, and human and social development as strategic pillars; and enhanced public sector management as a crosscutting pillar.
— Asian Development Bank

Cambodia king urges Senate dominated by ruling party to protect rights
Cambodia’s King Norodom Sihamoni on Monday urged senators to protect justice and human rights as the upper house of the country’s parliament met for the first time since the ruling party swept a controversial election in February.
— Reuters

Discussion on petroleum law resumes
With the first drop of crude oil from the Apsara oilfield expected by next year, officials gathered on Thursday to discuss the much-awaited law on petroleum.
— Khmer Times

Land on capital’s riverfront is opened up for investment
The government has signed off on a proposal to designate more than 9 hectares of land along Phnom Penh’s riverfront as state-private land, opening it up for private investment or long-term leasing.
— The Phnom Penh Post

PPCBank and DCI team up
Phnom Penh Commercial Bank (PPC Bank) and Diners Club International (DCI) yesterday announced a new partnership to issue premium cards that will allow Cambodian costumers to enjoy a plethora of offers as well as access to exclusive lounges in airports around the world.
— Khmer Times

Workers protest closed factory
About100 workers from the seemingly abandoned First Gawon Apparel garment factory marched to Phnom Penh’s Meanchey District Hall on Monday afternoon seeking resolution to a dispute that has dragged on for nearly a year.
— The Phnom Penh Post

Election observers registering
The Cambodia Coordination Committee (CCOC) will register their members with the National Election Committee to participate in the upcoming national election in July.
— Khmer Times

Cambodia Daily GM’s lawyer invited for questioning
The lawyer of former Cambodia Daily General Manager Douglas Steele has received an invitation to appear in court on May 9 for questioning in the now-shuttered paper’s tax evasion case.
— The Phnom Penh Post

Fresh News editorial accuses orgs of anti-government plot
Representatives from various NGOs on Monday rejected accusations of being engaged in a purported anti-government plot made in an op-ed published by ruling party mouthpiece Fresh News.
— The Phnom Penh Post

Chinese Embassy in Cambodia Launches Its Official Facebook Page
Chinese Embassy in Cambodia has officially launched its Facebook page “China Embassy in Cambodia – 中华人民共和国驻柬埔寨国国大使馆” earlier Monday.
— Fresh News

Service centres opened in Thailand
The Thai government has decided to open 80 one-stop service centres nationwide for Cambodian workers in Thailand to get the legal documents that they have already applied for until the end of June.
— Khmer Times

Cambodia Freight & Logistics Market registering a CAGR of 9.66% during the forecast period (2018 – 2023)
The Cambodia freight & logistics market was valued at USD XX billion in 2017 and is expected to reach a market value of USD 2.25 billion by 2023, registering a CAGR of 9.66% during the forecast period (2018 – 2023).
— Business News

Amret MFI gets approval to offer insurance policies
Amret Microfinance Institution on Monday announced it has partnered with insurance firm AIA to offer insurance policies to its customers after receiving approval from the National Bank of Cambodia and Ministry of Economy and Finance.
— The Phnom Penh Post

Luxury resort launches in Koh Rong island
The Royal Sands Koh Rong, a high-end resort located in the famous island off the coast of Sihanoukville, on Monday held its opening ceremony after two years of construction and an investment of $40 million.
— Khmer Times

Cambodia police arrest 119 Chinese over telecoms fraud
Dozens of Chinese have been arrested in Cambodia on suspicion of extorting money from people in China via a telecoms scam, police said on Monday.
— Yahoo News

PM Hun Sen to End Land Disputes and Illegal Logging in Koh Rong (Video inside)
Prime Minister Hun Sen said that his first presence in Koh Rong Island aims to end land disputes and illegal logging.
— Fresh News (video)

Monash University awarded nearly $100,000 for research in Cambodia
The World Bank Group and the Sexual Violence Research Initiative recently awarded $99,900 to Monash University for research in Cambodia that aims to reduce incidents of gender-based violence.
— Khmer Times

Feature photo Mohd Fazlin Mohd Effendy Ooi

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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.