Cambodia morning news for November 29

Cambodia morning news for November 29
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Cambodia morning news

Cambodia Exports Over 3.7 Million Tons of Agro-products to International Market
In nearly 11 months of this year, Cambodia has exported more than 3.7 million tons of agro-products to the international market, according to the data released by the Ministry of Agriculture, Forestry and Fisheries.
— AKP 

Kem Sokha’s Cabinet Chief Denounces Claim over Sokha-Rainsy Phone Call
Kem Sokha’s cabinet chief Muth Chantha has dismissed a message posted on social media that President of court-dissolved Cambodia National Rescue Party (CNRP) Kem Sokha and former opposition leader Sam Rainsy had recently made a catch-up call.
— Fresh News

Subsidies spark cheaper energy
Cambodia plans to spend more than $100 million on subsidies by 2021 to reduce electricity tariffs in a move to spur economic growth and relieve the financial burden on businesses and households, a senior government official said.
— The Phnom Penh Post

WB: Cambodia must increase participation in global value chains to sustain growth
Such measures are also crucial to provide cushion for future growth against impact caused by any sharp slowdown in the Chinese economy as a result of the ongoing trade dispute between China and the United States, according to “Cambodia Economic Update” report released by the World Bank Wednesday.
— Themy Themy 

$3 billion in reserve ahead of possible EBA withdrawal
The government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement.
— The Phnom Penh Post  

World Bank Warns of Economic Risks Amid Strong Growth
Possible E.U. trade sanctions, rising indebtedness and slowing foreign investment — which “peaked” last year — pose substantial risks to the Cambodian economy despite continuing strong growth, the World Bank said in its latest country update.
— VOD 

CSX trade volume plummets 92 per cent in third quarter
Trade volume at the nascent Cambodia Securities Exchange (CSX) in the third quarter of this year was down 92.1 per cent on the second, the Securities Exchange Commission of Cambodia (SECC) Securities Trading Statistical Bulletin said on Tuesday.
— The Phnom Penh Post  

Cambodia supports measure to end violence in Hong Kong
The National Police has expressed support for Hong Kong Special Administrative Region’s measures to put an end to violence and to restore public order.
— Khmer Times 

PM Hun Sen Congratulates the National Football Team at the SEA Games
Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen praised and congratulated the National Football team U22 on their victory against Timor Leste 5-0, at the 30th SEA Games in the Philippines.
— AKP 

New body set up to control quality of crop seeds in Cambodia
The ‘Seed Department’ is a new addition in the Ministry of Agriculture, Forestry, and Fisheries that will responsible for setting policy and guidelines for controlling seed quality, according to a sub-decree signed by Prime Minister Hun Sen.
— Themy Themy

Cambodian authorities seize counterfeit bottles of Australian Penfolds wine
Cambodian police have busted several thousand bottles of fake Penfolds wine in one of the biggest hauls so far of counterfeit Australian liquor.
— The News Daily

International art expert charged with selling looted Cambodian antiquities for the past 50 years
A prominent art dealer has been charged in US federal court on charges related to “trafficking in stolen and looted Cambodian antiquities.”
— Quartz

Ministry says economic growth has benefitted people equitably
The strong economic growth Cambodia has experienced in the last few decades has benefitted everyone and created opportunities for all, a high-ranking government official said yesterday.
— Khmer Times 

Draft Law on Land Management and Urban Expected to be Approved next year
Ministry of Land Management, Urban Planning, and Construction is working to accelerate the compiling of the draft law on land management and urban planning to reply to the increasing development of urban, real estate and construction.
— Construction Property  

PM Continues to Cancel Some of His Programmes
Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen this afternoon confirmed the cancellation of some of his programmes this weekend and next week due to the bad health condition of his mother-in-law.
— AKP

Head of Royal Government Urges for More Enhancement of People with Disabilities’ Rights
Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen has addressed a message to his compatriots on the official launch of the National Disability Strategic Plan 2019-2023, as well as on the commemoration of the National and International Day of Persons with Disabilities.
— AKP

Search For Driver After Officer Injured In Hit and Run
A Toyota driver crashed into a Kandal traffic police officer on duty, causing injuries to his head and both legs. After the incident, the driver left the car and fled.
— CNE

Young Factory Worker Murdered In Sen Sok
Residents found body of a female factory worker who had been murdered in a rented room on November 27 at around 7.30 pm. The discovery was made in Ou Kok Commune, Sen Sok District.
— CNE

Cambodia blanks Timor-Leste 5-0
After a disappointing draw versus the Philippines, Cambodia’s goal to advance past the first round in men’s football at the 2019 Southeast Asian Games is back on track after a masterful drubbing of Timor-Leste.
— Khmer Times

Cambodia Real Estate Update: Annual Tax Compliance and Transfer Pricing
Registered taxpayers in Cambodia are now in the process of completing their Annual Tax on Income (“TOI”) declarations for the 2018 tax year. This applies equally to those entities that hold real estate in Cambodia and we provide below some of the key tax issues that those entities should be aware of when submitting their TOI declarations.
— Asia Law Network

Okhna Saves Russian Sailors Off Koh Rong
On the morning of 28 November Oknha Tea Vichet and his team aboard the tycoon’s boat set off on high speed to rescue two Russian sailors stranded in the sea off Koh Rong.
— CNE

Adoption of Draft Law on Land Management and Urban Planning Expected Next Year
Ministry of Land Management, Urban Planning and Construction is working to accelerate the compilation of draft law on land management and urban planning in response to the increasing urban, real estate and construction development in Cambodia.
— AKP

National Contractor Competition Kicked Off
The 2nd National Contractor Competition has been kick-started with an aim to build contractors’ skill in Cambodia, as the country’s construction sector is on the rise in recent years.
— AKP

Cambodia Wins a Bronze Medal from China-ASEAN Wushu Festival in China
Cambodia has won a bronze medal from the 5th China-ASEAN Wushu Festival in China.
— AKP

His Majesty the King Confident of Closer Friendship and Cooperation with South Korea
His Majesty Preah Bat Samdech Preah Boromneath Norodom Sihamoni, King of Cambodia, has expressed his confidence about the future of the relationship between Cambodia and the Republic of Korea (ROK).
— AKP

Outcome of DPM Prak Sokhonn’s Participation in ASEAN-ROK Commemorative Summit and First Mekong-ROK Summit
The Ministry of Foreign Affairs and International Cooperation (MFA-IC) has issued the outcomes of the recent participation of H.E. Prak Sokhonn, Deputy Prime Minister, Minister of MFA-IC, in the ASEAN-ROK Commemorative Summit and the First Mekong-ROK Summit in Busan, South Korea,
— AKP

South Korea pledges $700 million in loan to Cambodia
The pledge was made during bilateral talk between Cambodian Foreign Minister Prak Sokhonn and his South Korean counterpart Kang Kyung-wha in Busan.
— Themy Themy

Century Plaza sellers wait for new area after order to move
Phnom Penh municipal governor Khuong Sreng instructed Por Sen Chey district authorities and Century Group not to stop vendors from selling goods around Century Plaza Market, which is marked for redevelopment.
— The Phnom Penh Post

Poipet authorities order street fuel vendors to leave
Poipet town authorities on Wednesday warned of action against streetside vendors who continued to sell liquefied petroleum gas (LPG) and bottles of petrol refills in downtown areas despite being told to stop their business by the end of the year.
— The Phnom Penh Post

K Chhnang Provincial Court to proceed with alleged extortion case
The Kampong Chhnang provincial court said it will continue to press for justice against a Military Police commander and his alleged accomplice who stand accused of “confinement” and “extortion”, even after the victim withdrew his complaint.
— The Phnom Penh Post

Starbucks Cambodia Built Big Hype with Its First Appearance in Sihanoukville
Starbucks Cambodia launched its first ever downtown store in Sihanuokville – Starbucks FURI Times Square – the twentieth branch throughout the country within 2019.
— Khmer Times 

Gov’t creates tourism development committee
The National Tourism Development Committee was created this month to boost the development of one of Cambodia’s most important economic drivers.
— Khmer Times

South Korea to help Kingdom strengthen its labour laws
The South Korean government will help Cambodia study and formulate more provisions in the Labour Law to deal with the safety and health of workers, similar to ones in place in most other Asean countries.
— Khmer Times

Smart to hold charity concert for Kantha Bopha Hospital
Smart Axiata has pledged $100,000 to raise awareness for the Kantha Bopha Foundation and is expected to raise a further $100,000 through a charity concert.
— Khmer Times

 

Feature photo TPO Cambodia

This week’s Cambodia morning news feature photo focus on International Day for the Elimination of Violence against Women, November 25.

 

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).

 

 

About Cambodia morning news.

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