Cambodia Morning News For October 31

Central Bank explains its yuan promotion policy
A representative of the National Bank of Cambodia yesterday clarified the Central Bank’s policy toward the Chinese yuan, saying that its use is only being promoted in cross-border dealings.
— Khmer Times

Logistics overhaul to cost $19b
Cambodia expects to roll out $19 billion worth of projects contained in the logistics masterplan in the next seven years with a vision of becoming a warehousing logistical hub serving the greater Mekong sub-region, as well as Thailand, Laos and Vietnam.
— Khmer Times

Border trade Cambodian- Thai trade increases
Bilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year.
— The Nation

Cambodia’s King Sihamoni Transfers Court Officials in ‘Reshuffle’
Cambodian King Norodom Sihamoni has moved almost 60 court officials, judges, and prosecutors to new posts across the country in a move welcomed by NGOs and legal experts, who said that more still needs to be done to restore judicial independence in the autocratic Southeast Asian state.
— Radio Free Asia

China Pledges More Investment in Cambodia’s Coastal Province
Deputy Head of Foreign Affairs Office of Jiangsu province Huang Xiqiang said that Jiangsu authorities pledged to encourage Chinese firms in Jiangsu Province to invest more in Sihanoukville province of Cambodia, and to turn Sihanoukville garment industry into electronics industry as in Guangdong’s Shenzhen following the ambition of Cambodian Prime Minister Hun Sen.
— Fresh News

Kingdom, Vietnam to bolster cooperation in combating illicit trades
Cambodia and Vietnam are seeking better cooperation to combat the illicit timber and wildlife trades, following a meeting between the two countries’ forestry administrations last week.
— Phnom Penh Post

JC (Cambodia) International Airlines Launches Two New Routes
JC International Airlines has officially launched two new Cambodia-China routes, one is “Phnom Penh –Siem Reap – Hefei”, and another one is “Phnom Penh – Siem Reap – Chongqing”.
— Fresh News

Construction of Cambodia-China Friendship hospital starts
The construction of Cambodia-China Friendship Medical building at Preah Kossamak hospital has started and it is expected to be finished in more than 3 years.
— Khmer Times

Hopes UN Rights Envoy Will Raise Abuses, Reform During Cambodia Visit
Smith began her latest fact-finding visit to Cambodia on Monday, where she plans to meet with government officials, civil society groups and members of the diplomatic community.
— VOA Cambodia

Highway to Sihanoukville on its way
The Cambodian government said it is actively working with China Road and Bridge Corporation, a Chinese company seeking to speed up construction of an expressway linking Phnom Penh to Preah Sihanouk province, says Ministry of Public Works and Transport officials.
— Phnom Penh Post

The EU Steels for a Trade Fight With Cambodia Over Its Human Rights Record
Cambodia has made significant progress on reducing poverty since its transition to democracy in the 1990s, yet millions still remain at risk of falling back into destitution given the nation’s shaky dependence on foreign money, both from trading partners and aid donors.
— World Politics Review

Cambodian Villagers Say Authorities Failed to Honor Promises For Flood Relief
Nearly 100 families in two villages affected by flooding from the controversial Lower Sesan 2 hydropower mega-dam in northeastern Cambodia’s Stung Treng province said Tuesday that authorities have failed to honor promises they made to rebuild submerged communities and provide much-needed supplies and services.
— Radio Free Asia

Combating climate change through industrial efficiency
The TEST programme, which aims to fight the effects of climate change by helping corporations adopt efficient and environmentally friendly processes, was launched yesterday in Phnom Penh.
— Khmer Times

‘Peace Museum’ Opens in Cambodia Focused on Reconciliation
The project, developed and run by the Center for Peace and Conflict Studies, an NGO, includes a Peace Gallery, a decade-long project that will provide visitors the opportunity to study successful peace building strategies and how they can be applied to current conflicts in the region.
— VOA Cambodia

Cambodian PM meets with CPC official in Phnom Penh
Samdech Techo Hun Sen (R), Cambodian Prime Minister and president of the ruling Cambodian People’s Party (CPP), meets with Li Hongzhong, a member of the Political Bureau of the Communist Party of China (CPC)’s Central Committee and Secretary of the CPC Tianjin Municipal Committee, in Phnom Penh, Cambodia, on Oct. 29, 2018.
— Xinhua

Logistics firms demand lower fees
At the behest of the local logistics sector, the Ministry of Public Works and Transport is urging international shipping companies to consider reducing, or even dropping, fees that have inflated costs for local firms.
— Khmer Times

Twenty five per cent stake in Acleda Bank almost ready
Twenty-five per cent stake in Acleda Bank will be offered to the public next month as stakeholder ASA Plc confirmed on Monday that it is almost ready to list the shares on the Cambodia Securities Exchange (CSX).
— Phnom Penh Post

Sierra Leone wooed by local rice
A government delegation from Sierra Leone is now in Cambodia to explore partnership opportunities, particularly in the agriculture sector.
— Khmer Times

Retail expansion and digital banking to drive RHB Indochina next year
RHB Indochina Bank Limited, a member of the RHB Banking Group, plans to introduce a string of initiatives including driving retail expansion and digital banking to remain competitive in Cambodia.
— Phnom Penh Post

Marginal fall in fishing sector’s revenue despite exports hike
Exports of fish and related products in Cambodia rose slightly during the first nine months of the year, according to the latest report from the Ministry of Agriculture, Forestry and Fisheries, though the sector suffered a small drop in revenue.
— Khmer Times

Cambodia Genocide Survivors Overcome Fear, Get Involved Politically
During every election season, as many American citizens prepare to go to the polls, one group of immigrants has traditionally chosen not to get involved.
— VOA Cambodia (video)

Kampong Chhnang to host next River Festival
Kampong Chhnang province will host the fifth iteration of the River Festival, which will take place during three days in March.
— Khmer Times

Health warning after WA adult infected with measles in Cambodia
A WA adult has been infected with measles while holidaying in Cambodia, prompting a Health Department warning.
— Perth News

Deal to boost farming skills
The Labour Ministry has signed a Memorandum of Understanding with the Chinese Academy of Tropical Agricultural Sciences in order to train farmers in the agriculture sector.
— Khmer Times

Feature photo LICADHO

This week’s Cambodia morning news feature photo acknowledges International Day to End Impunity for Crimes against Journalists, November 2.

Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

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.