Cambodia Morning News For May 29

Three new border gates on the way
Cambodia and Thailand have agreed to open three new border checkpoints to facilitate trade and the movement of people across the border, according to Thailand’s ambassador to Cambodia.
— Khmer Times

GMAC gets serious about tax compliance, forms partnership
The Garment Manufacturers Association in Cambodia (GMAC) is teaming up with Funan Consulting to boost tax compliance in the garment and footwear industries and train factory staff in proper accounting standards.
— Khmer Times

National Bank of Cambodia issues new 20,000-riel bank note into circulation
National Bank of Cambodia issues new 20,000-riel bank note into circulation, joining others.
— Coin World

Two power plants get ministers council OK
The Cambodian government on Friday approved two power plant projects worth more than $1.3 billion in total in what authorities said was an effort to reduce the Kingdom’s dependence on imports.
— The Phnom Penh Post

Protecting intellectual property key to innovation: Minister
Following an application from a local company to patent the process of turning banana trees into fabric, the Ministry of Industry and Handicraft reminded entrepreneurs making unique products of the importance of protecting their intellectual property.
— Khmer Times

Cambodians to Exercise Their Rights for the Upcoming Election, Says PM Hun Sen
Cambodian people are happy for the July’s elections, as they will have chance to exercise their rights in choosing their political party in favor, Prime Minister Hun Sen wrote on his Facebook on Monday.
— Fresh News

Cambodia: to vote or not to vote?
In less than three months’ time, Cambodians will head to the polls to cast their ballot in the national election. Already faced with the difficult choice of which party and candidate to vote for, Cambodians now have to decide whether they should vote at all.
— Lowy Institute

117 workers in Cambodia fall ill after smelling paint, welding fumes: police
About 117 workers at a bag factory in southern Cambodia’s Kandal province were hospitalized on Monday morning after smelling paint and welding fumes from a nearby factory, a local police chief said.
— Xinhua

Cambodia – Ministry sets up working group to resolve land grabbing dispute by end May
The Ministry of Land Management, Urbanization and Construction is to send a working group to Koh Kong province to collect information on a land dispute in an effort to find a solution for villagers locked in a long-running land dispute, according to
— Agra-net

Kep in Cambodia: beach retreat favoured by country’s kings and French colonial elite is undergoing a revival
In the first of three instalments looking at Cambodia’s rising destinations, we visit the coastal resort of Kep, which is looking to reclaim its rightful title as the St Tropez of Southeast Asia.
— South China Morning Post

New COO eyes fresh strategies to boost fortunes of Kingdom’s stock exchange
Since the Cambodia Securities Exchange (CSX) listed its first company, Phnom Penh Water Supply Authority, in 2012, only four others have been listed.
— The Phnom Penh Post

Minister of Interior to Ensure Smooth Electoral Process
Minister of Interior Sar Kheng ordered National Police forces nationwide to obstruct any activities that harm the upcoming national elections to be held on July 29, 2018.
— Fresh News

Vietnam’s TTC Hospitality opens first hotel in Cambodia
Thanh Thanh Cong Tourist Joint Stocks Company (TTC Hospitality – HOSE: VNG), a member of Vietnam’s TTC Group, has officially opened its TTC Hotel Premium – Angkor in the Cambodian city of Siem Reap.
— Tuoi Tre

Living in harmony on the Mekong
Costing some $7.5 million, the first Italian-French-styled luxury housing project will begin construction in the capital early next month, said industry insiders.
— The Phnom Penh Post

Feature photo Michel Coutty

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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.