Cambodia Morning News For July 17

EU Fact-Finding Mission Concludes, Officials, to Determine Trade Agreement Status
The fact-finding mission began on July 5 in response to an alleged anti-democratic crackdown by Prime Minister Hun Sen ahead of a general election on July 29.
— VOA Cambodia

Central bank takes action against wayward lending firms
The National Bank of Cambodia (NBC) is working with the General Commissariat of National Police to stop the operations of unofficial lending operators that engage in unethical practices.
— Khmer Times

Local MFIs roll with the changes
The Cambodian microfinance sector has seen major changes over the past two years.
— The Phnom Penh Post

Vote for CPP to Get Low Electricity Cost (Video inside)
Cambodian Prime Minister Hun Sen announced that Cambodia will set up a program to reduce electricity costs for all types of users nationwide for 2019 and 2020.
— Fresh News (video)

Plans for new cargo terminal in capital unveiled
Cargo handling capacity at Phnom Penh’s International Airport will be taken to the next level with the construction of a new cargo terminal announced by Cambodia Airports this week.
— Khmer Times

Unstoppable worker outflow dims Cambodia’s future prospects
Despite Thailand’s latest effort to stem the flow of migrants, workers from Cambodia continue to cross the border, as they try to flee an economy that offers little reward for their work.
— Nikkei Asian Review (paywall)

China firms eye investment in power plant, satellite technology
Two Shanghai-based companies have revealed plans to invest in coal fired power plants and satellite technology in the Kingdom.
— Khmer Times

Kingdom’s rubber exports bounce high in first half
Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday.
— The Phnom Penh Post

Growth forecast upped by NBC
The National Bank of Cambodia (NBC) raised its economic growth forecast for this year up to seven percent, according to the bank’s mid-year report.
— The Phnom Penh Post

Cambodia Arrests Former Officer Alleging Mistreatment For Seizing Drugs Owned by ‘Powerful Figure’
Authorities in Cambodia have arrested a former military police officer in Kompong Thom province for defaming his unit on social media, after he claimed he was dismissed because he led a raid that seized nearly 200 kilograms (440 pounds) of drugs belonging to a “powerful figure.”
— Radio Free Asia

NEC to Present the Quality of Indelible Ink for Elections Tuesday
The National Election Committee (NEC) determined 17 July 2018 to present the quality of indelible ink for the 6th National Assembly members election to representatives of political parties and national and international organizations, according to NEC spokesman Hang Puthea on Monday.
— Fresh News

New airport to break ground after election
Construction of a new international airport in Siem Reap will start after the national election at the end of this month, according to a project representative.
— Khmer times

Firm brings in US tutor program
FasTracKids, an educational program for children which is currently available in 45 countries, will soon debut in the Kingdom as local firm LVLs signed a deal for the franchise rights.
— The Phnom Penh Post

Feature photo John Le Fevre

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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.