Covid-19 Aid Extended for Tourism, Aviation Sectors

N U MB E R 3478 ssue I monday, August 3, 2020 Intelligent . In-depth . Independent www.phnompenhpost.com 4000 RIEL

Union leader Philippine gov’t STUDY SAYS LOSS charged for urged to lock OF HABITAT ‘driving incitement manila back AGAIN mass extinction’ national – page 3 world – page 10 lifestyle – page 14 Doctor Covid-19 aid extended for pays off patient’s tourism, aviation sectors family Thou Vireak registered airlines are eligible for it. monitor the status of Covid-19 and istry, the government plans to mobi- The government will also make the the regional and global economic lise a total of $1.164 billion to help Kim Sarom HE government has extended $40 payments to suspended employees and financial situations to examine restore and boost business viability the minimum tax exemption for in tourism-related businesses, includ- and evaluate the impact of Covid-19 during and after Covid-19. A DOCTOR in Svay Rieng prov- the aviation sector and renewed ing hotels, guesthouses, restaurants on key sectors of the economy. Of that amount, $500 million will be ince may face legal action after monthly tax exemptions for the and travel agencies registered with “[It will be] updating and preparing disbursed as loans to small and me- a patient he prescribed medi- tourismT industry, which has been hard the General Department of Taxation the necessary additional measures to dium-sized enterprises (SMEs), $300 cine to on Thursday morning hit by the Covid-19 pandemic. and based in Phnom Penh, Siem Reap, stabilise economic activity as well as million will be set aside for the State- died just hours later. Approved on Friday, this is part of Preah Sihanouk, Kep and Kampot stimulate economic growth after the owned Small and Medium Enterprise The victim, Pheng Saran, its fifth round of stimulus measures provinces or Bavet and Poipet towns. Covid-19 crisis,” it said. Bank of Cambodia (SME Bank) and 42, was a resident of Svay aimed at reviving economic growth. It called on employers to offer them Ministry of Economy and Finance Agricultural and Rural Development Chrum commune’s Khnor The tax exemptions will apply in Au- additional perks on a voluntary basis. spokesman Meas Soksensan told The Khang Tbong village and gust and September. All domestic- “The government will regularly Post on Sunday that through the min- Continued – page 6 leaves behind a wife and three sons. Commune police chief Yin Chenda said relatives of the victim filed a complaint with Vietnam police which he forwarded to the Svay Chrum district police station. The case has been sent to provincial police, where it chalks up awaits further action. Chenda said on Thursday morning, Saran suffered from five Covid heartburn while eating break- fast. He visited Hor Savanna, a doctor in Svay Rieng town’s fatalities Chek commune. Sovanna prescribed six med- TWO more people have died icines for Saran to take over in Vietnam of Covid-19 related seven days, Chenda said. At complications, bringing the 9:20am, Saran took his first tally to five fatalities, Deputy dose. At 11am, Saran started Minister of Health Nguyen feeling heartburn symptoms Truong Son said on Sunday. and suffering convulsions. The latest deaths are an Relatives massaged his hands 86-year-old woman from and legs until he passed away Quang Nam province and an at 12pm. 83-year-old woman from Dan- The provincial police’s seri- ang. Both had underlying ous crime bureau chief Kim health conditions. Lay on Sunday said Sovanna The 86-year-old was suffer- had compensated the family ing from chronic kidney failure of the victim. and heart problems and was “That doctor paid money to being treated at Danang Der- compensate the victim’s wife. matology Hospital and then But I don’t know how much,” moved to Danang Hospital. he said. From July 18 she began to Svay Rieng town deputy show signs of fever and was police chief Mao Sokhon told transferred to several other The Post on Sunday that hospitals before finally slip- Sovanna didn’t attempt to flee ping into a coma on August 1 after the incident. while being treated at Hue “I know that he compensat- Central Hospital. ed the wife. I don’t know how On Sunday she stopped much, but both sides recon- breathing and was pronounced ciled,” he said. dead at 5:30am. The cause of Village chief Som Chhoeun death was announced as acute Narcotics haul said a seven-day memorial service for Saran commenced Continued – page 10 Two cross-border drug traffickers were arrested on July 26 with 200kg of methamphetamine.POLICE sTORY > 5 on Sunday morning.

THE PHNOM PENH POST Provinces on alert as Vietnam’s National News coronavirus fight intensifies Inside page 4 2 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com National Police injured in land dispute, four detained Voun Dara prosecutor who placed them under judicial supervision. REAH Sihanouk po- Phearum said Smael was a lice continued to member of Saleh’s group and question four sus- the Department of Environment pects on Sunday in had filed a case against him. connectionP with using ma- Phearum said Saleh and his chinery to clear land in the people are still clearing land in Ream National Park area and the area of Ream National Park. assaulting authorities. “Our provincial authorities Preah Sihanouk Provin- have already identified this cial Hall spokesman Kheang group. The case of Sen Saleh Phearum told The Post on and his group is in the pro- Sunday that police forces at- cess of being decided by the tempted to stop a group of court and the authorities,” about 20 people using bull- Phearum said. dozers to clear land in Prey Phearum warned people Nop district’s Ream com- not to be deceived by the in- mune, Smach Deng village. citement of San Saleh and The group led by Sman Sman Smael. Smael, a Khmer-Muslim “Please withdraw immedi- man, turned violent and four ately to avoid legal action. The officers were injured. “Smael provincial administration will led a violent attack on our take legal action without any authorities. We arrested four exception,” Phearum said. people,” Phearum said. Adhoc Preah Sihanouk pro- Phearum said that since vincial coordinator Cheap So- 2017, a group led by 58-year- theary said most of the people old Khmer-Muslim Sen Saleh, protesting over the land were a farmer living in Prey Nop dis- Khmer-Muslims who had set- trict’s Ream commune, Smach tled there during 2016-2017. Melting away Deng village, have been clear- “In the past, we have come A worker donning a pair of sunglasses welds a metal rod at a shop along National Road 5 in Russey Keo district’s Tuol Sangke commune in the capital. HENG CHIVOAN ing forest land in the area of to a resolution with the peo- Ream National Park. ple to stop settling on land Later, the Department of in Ream National Park by Environment filed a case providing State land instead. against Sen Saleh and his However, the people refused, people and sent them to the claiming that the land was Vietnam ‘committed’ to withdrawing Preah Sihanouk provincial too small,” Sotheary said. illegal border tents after pandemic Niem Chheng

NATIONAL Border Committee chairman Va Kimhong met with his Vietnamese counterpart on Saturday to discuss several Viet- namese tents that are still erected on unsettled borderlands. The meeting was held in Vietnam’s Moc Bai interna- Clashes between Preah Sihanouk authorities and residents over land tional checkpoint. issues in Sihanoukville’s Prey Nop district. facebook Kimhong said: “We only dis- cussed the tents [Vietnam] erected. I don’t want to elabo- rate on it now as we are still in the process of discussions.” Last week, Cambodia Border Affairs Committee vice-chair- ƳɌɔɳ ȥƅ ˊȻȷɮɍɌ ɯɊɆƷƟȻƳɌƸɆɽǕɌɊƗɀɿperson Koy Pisey took to Face- �រអ��ើញ ចូលរ�ម ប��ញ �រ�ប់�រម�ណ៍ ɳɍˊƳɌɳȼȻɵɂƚ əɆȲɌɀɿɴɑžɅƙǋɊɵȼ bookFingerp rin tot D e clarifyvices the situation �ើ �រ��ញ�� ឧបករណ៍ �� ន � �ម�� (Fingerprint Devices) regarding the tents. She said ɔȶƀƳɌɑɊƕʂɅƑǊɈɴȳƗɌƙɆɋɭɃƑɅɫȶȹɸȶɬɳɔȼɑɿ (ƴǁ ǇɅɃɃɯɍȹɸɅɯɋəɆɁƏɊƖɈɪVietnam had builtȴɳƙǋȶ 40 ɊɮɍɅɩɄɩɑȲɍ tents on អង��រ សម�័ន��ព ��រ ��យុទ� នឹង ជំងឺ��ដស៍ ( � � ) �នទទួល ជំនួយ ឧបត�ម� ពី ȲƒȶȲɊƗɎɄɪɩ ɔɆɽɌɸ ɅɩȶɆƷžɌɳɊɳǍȴɳɔȼɑɿ ɅɫȶɳɄƛˊƳɌƽȲɽɣƘɳȼȻdisputedɵɂƚƺǒǅɌɀɺɳȼˊɊƓɪɳƙȹˊɑɳɌˊɑɔƒȲɇƀɁɽɇƀȶɽ borderland which គ��ង មូលនិធិ សកលក��ង កម�វ�ធីɭ អប់រ� និង ប��រ ��គ ��ដស៍ នឹង��ើ �រ�ក់ឱ�� didn’t belong to either country. əɆȲɌɀɿɴɑžɅƙǋɊɵȼ(Fingerprint Devices ȷɸɅɯɅɈɪɌɌɋ ʒʐʐɳƙȴȠȶ ɳƽɋǋɅƳɌƙɆȲɯɁƙɆɴȹȶɳǵǂɊ ��ញ�� រណៈ �ើម��ី ��ើស��ស អ�កផ�ត់ផ�ង់ ឧបករណ៍ ��ន ��ម�� (Fin- The interior ministry said it gerprint Devices) ចំនួនɁɵɊƚ ពីរɃɪɇǜɌʆ រយ(២០០) ��ឿង �យ�ន �រ ��កួត��ង � believes the issue can be ǕȯɑʂɋɳɒɁɭɳɅɹ ɑɮɊƙȲȩɊɒɼɭɅ ɞɁɸǁȶɴȷȲƸɋəɆȲɌɀɿɴɑžɅƙǋɊɵȼsolved diplomatically. ɴȼɍǋɅɍȲſɀɺɑɊƓɁƎɩ Var Kimhong (centre), senior minister for Border Affairs poses for a group photo before a border meeting at �ម ត�� ទីផ��រ ។ Bavet International Border Crossing. GDI Pisey said Vietnam has com- ��័យ��តុ��ះ ƙȴɆɽƙƵɅɽ សូម ��ុមហ៊ុន ɳɒˊɋǋɅȷɸǁɆɽǕɊƗɌɀɿ ឬ តំ�ង ��ក�យ ឧបករណ៍ɑɮɊɊȲɃɃɯɍ �� ន ��ម�ɋȲ � ɈʂɁɾǋɅ ɅɩȶɈɩɅɩɁƘɡȲǒɌɑƙǋɆɽɆƷƟȻƳɌƸɆɽ ǕɌɊƗɀɿ ɳǷƳɌ ɩǌɍʂɋɔȶƀƳɌ KHANA ɳɌȢȶǍɍɽɳǋɻȶɳɄƛˊƳɌ ɈɪɳǋɻȶʘƙɈɫȲȼɍɽɳǋɻȶmitted to removingʔ:ʓʐǆɃɪɌɳɑȢɍ the tents ʆ province. Only nine of the 24 especially in their community. do not remove their tents, the ��ល �ន លក�ណៈសម��ត�ិ ��ប់��ន់ �ើយ �ន ចំ�ប់ � ម�រណ៍ សូម មក ទទួល once the pandemic is over. tents were built on the 12km- “They made phone calls to Cambodian authorities will x ƳɌƽȲɽǉȲƘɆƷƟȻƳɌƸɆɽǕɌɊƗɀɿ ƙɁȪɎǊƅɆɽɊȲƺɊɯɋɅɮɎɡȲǒɌɳǌȶɣƘǇɅƙȴɆɽƙƵɅɽǂɊƳɌ យកព័ត៌�ន និង ពិនិត�� ឯក�រ ស��ប់ ប��ញ �រ�ប់�រម�ណ៍ � �រ��ល័យ អង�- “We, and border affairs lead- long disputed border area. our district and commune respond according to the law. � រ KHANA �ៀង�ល់ ��ង ��ើ�រ ពី ��ងɴɀǆɸ ៨ ��ឹកɌɯȷɳɇƇˊɊȲǕɑɋƽƊɅȼɮȷƴȶɳƙƳɊ ដល់ ��ង ៤:៣០ �ទី រ�ៀល ʈ។ ers, especially Samdech Techo Local authorities of the two administration telling us that Kin Phea, the director of the �រ�ក់ �ក�� ប��ញ �រ�ប់�រម�ណ៍ ��វ ��ប់ មក� មួយ នូវ ឯក�រ �ង [Hun Sen] have devoted our countries had communicated they faced challenges and they International Relations Insti- ȴɀɺȲɊƗƳɌɍɃƑȲɊƗɌɆɑɽɔȶƀƳɌ KHANA ឱ��ន ��ប់��ន់ �ម �រ��ំ រួច ��ើមក �សយ��ន ដូច�ង��ម ៖ lives to protecting the country often on the mater, he said. kept preventing border move- tute at the Royal Academy of ɇƐɹɳɍȳʓʓɇƚɮɎɳɍȳʗʑɑƷžɁɽɃɳɅƚǇǒȲɽȳɀƋȷɸƳɌɊɅǍȹǅɅɪɉƒɸɳɈȻ គណៈកម��រ លទ�កម� របស់ អង��រ KHANA forever. In our every breath, we Cambodia said on Sunday ɃɮɌɑʂɈƐɳɍȳʈʐʒʓʒʑʑʕʐʕ never forget our duties, we that Vietnam did not seem to ផ�ះ �ខ� ៣៣ ផ��វ �ខ� ៧ ១ ស��ត់ ទ��ក់� ខណ�ចំ�រមន �ជ�នី ភ�ំ��ញ It doesn’t make sense that must utterly protect our terri- heed Cambodia’s requests. x ɑƙǋɆɽɈʂɁɾ ǋɅɆɴɅƏɊɑɮɊɃɸǆȲɽɃɸɅȶʈ ទូរស័ព� ��ខ ៖ ០២៣ ២១១ ៥០៥ tory from being invaded by they [Vietnamese] built tents He said the government had ស��ប់ ព័ត៌�ន ប��ម សូម ទំ�ក់ទំនង ៖ ɳǎȲ ɴɆɻɅɑɊƓɁƉɩ foreigners, and Cambodia will on unsettled border areas tried hard to solve the issue, �ក �៉�ន សម��ត�ិ ɊȜɅƎɪɴɇƒȲɍɃƑȲɊƗ not invade others,” she said. but Vietnam seemed to not On Sunday, Kandal provin- due to Covid-19 respect the cooperation of the ម��ី��ក លទ�កម� ɃɮɌɑʂɈƐɳɍȳʈʐʑʐʒʒʓʐʐʐ ទូរស័ព� ��ខ ៖ ០១០ ២២៣ ០០០ cial governor Kong Sophorn two nations. x ƳɍɆɌ ɩɳȷƄɃɇɭɁȲɸɀɁɽƳɌƽȲɽǉȲƘʈɵɂƂɔƷƀ Ɍ Ƀɪʑʑ ɴȳtold ɑɪǓ The ƹƒ ɸʒ ʐPostʒʐ ɳ Ɏthatǎɳǋ theɻ ȶʑʑ military:ʐ0 ƙɈɫȲʆ “We told them not to erect ment. They place a priority on �លបរ��ទ ផុតកំណត់ �រ�ក់ �ក�� ៖ �� សុ�� ទី ១៤ ��សី� “It doesn’t make sense that tents that Vietnam erected more tents and we told them to Covid-19 prevention, and we they built tents on unsettled ��ំ ២០២០ � �� ង ១១:០០ ��ឹក ។ ȷɸɳǉɹƙȲȩɊɒɼɭɅɞɁɸǁȶɴȷȲƸɋǄɸȶɔɑɽɴȼɍǇɅƽȲɽǉȲƘɅɫȶƙɁȪɎǇɅɔɳȥƅˊȻalong disputedɣƘȷɮɍɌɯɊ bordersȲƒɭȶɈɩɄɪ remove [the tents already erect- are also at high alert on this border areas due to Covid-19. ចំ�ះ ��ុមហ៊ុន ឬ តំ�ងɳɆˊȲɡȲǒɌ ��ក�យɆƷƟȻƳɌƸɆɽǕɌɊƗɀɿʆ �ំងអស់ ��ល �ន�ក់ �ក�� នឹង ��វ�ន remained in place. ed]. They were about to remove matter,” Sophorn said. This doesn’t show good inten- អ��ើញ ឱ�� ចូលរួម ក��ង ពិធី �ើក ឯក�រ ប��ញ �រ�ប់�រម�ណ៍ ។ Sophorn said there were 24 them. But lately, the outbreak He said when Covid-19 set- tions towards a neighbouring

tents built along 29km in his of Covid-19 has [intensified], tles down and if the Vietnamese country,” Phea said.

1 of 1 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 3 National Union leader charged for ‘fake’ border news

Niem Chheng Cambodia and Vietnam had cle 495 of the Criminal Code. not resulted in any loss of “Rong Chhun committed a HILE the Minis- land and Vietnamese troops crime by posting on his per- try of Justice has did not push citizens 200m sonal Facebook page fake news justified the - ar into Cambodian territory. related to the border case, as rest and deten- “[His statement] intention- stated in the statement of the Wtion of Cambodian Confed- ally fabricates and dissemi- Border Affairs Committee. eration of Unions president nates fake news with mali- “Therefore, the implementa- and member of the Cambo- cious intent to mislead the tion of legal measures against dia Watchdog Council (CWC), national and international illegal activities is not uncom- Rong Chhun, legal analysts public by making baseless al- mon for Cambodia, as well as are calling for a fair trial. legations on the government’s other countries in the world. Chhun was arrested on Fri- border work and about the “Legal measures for such day night on charges of incite- loss of territory. violations will inevitably ment and spreading fake news “It’s like allowing land en- continue. Therefore, I call on about border markings – 10 croachment from neighbour- those who are drowning in days after he posted on his Fa- ing countries to make people this crime to stop immedi- cebook page about land crimes lose their farmland,” it said. ately and avoid facing legal committed in Cambodia along The committee confirmed action,” Santepheap said. the Vietnamese border in that agreed border lines are Articles 494 and 495 of the Tbong Khmum province. 84 per cent complete now. Criminal Code states that in- Phnom Penh Municipal The territory acquired by citement which causes seri- Court Judge Van Sen Visoth the Cambodian side after ous turmoil in society will be held Chhun in pre-trial de- the demarcation and place- punishable by six months to tention on Saturday after he ment of the border is State two years in prison and a fine was charged by prosecutor land under the control of the of one million to four million Seng Heang with incitement Supporters of union leader Rong Chhun protested in front of the Phnom Penh Municipal Court over the Permanent Secretariat of the riel ($245 to $980). to cause serious disorder to weekend after his Friday arrest on incitement charges. Heng chivoan National Authority for Bor- Chhun’s supporters gath- social security. der Affairs of the Office of the ered over the weekend to Phnom Penh Municipal Court He stated that he had visit- Citing resident’s representa- lation of Cambodia’s sover- Council of Ministers. protest in front of the Phnom spokesman Kuch Kimlong said ed 106 families there between tives, Chhun said authorities in eignty,” he wrote. The committee called on Penh Municipal Court, de- the charges fall under Article border posts No 114 and 119. Ponhea Kraek district prevent- On the day he was arrest- citizens not to believe and manding it release Chhun, 495 of the Criminal Code. Chhun wrote that residents ed people from cultivating 60ha ed, the Border Affairs Com- share Rong Chhun’s informa- claiming he is innocent. Chhun is a former member had told his team that the de- of land, which the Cambodian- mittee of the Office of the tion, and those who shared “If Chhun is not telling the of the national election com- marcation of the border posts Vietnamese border committee Council of Ministers issued a his Facebook post may face truth, there is nothing wrong mittee of the Supreme Court- from No 114 to 119 were ir- told people to stop cultivating three-page statement reject- legal action. with accusing him of incit- dissolved Cambodia National regular, causing them to lose to place border posts. ing Chhun’s claim. Ministry of Justice secretary ing and arresting him. Chhun Rescue Party. hundreds of hectares to the “When people went to cul- The Border Affairs Com- of state Kim Santepheap said and other Cambodians have Before his arrest, he had vis- Vietnamese side. tivate the land, Vietnamese mittee said Chhun had dis- on Sunday that anyone who the right to be tried by an ited several provinces, includ- He quoted a 70-year-old soldiers pushed them away tributed fake news and exag- spreads fake news about the independent and impartial ing Ponhea Kraek district’s man saying the borderline had about 200m. But the Cambo- gerated the facts. It said the border case is committing an court that protects human Trapeang Phlong commune been gradually moved 3km dian authorities didn’t stop demarcation and placement act of incitement to cause se- rights,” political analyst Lao in Tbong Khmum province. into Cambodian territory. those soldiers, which is a vio- of the border posts between rious social unrest under Arti- Mong Hay said. Home buyers accuse general of defrauding them on land deals Soth Koemsoeun they waited for the house to contract. If the bank cannot be built to provide the full pay- construct houses, buyers will AFTER being cheated by a ment, he said. have to build their own hous- two-star general in a case Sarath said: “For me, I had es individually. related to buying flats and paid the first stage which was “The buyers require the bank land, 27 families called on the $10,000. I will have to pay to prepare a re-purchase agree- authorities to find a solution $27,000 more when the con- ment in detail and with the because the general secretly struction is ready. knowledge of the authorities. A sold the property to Prime “Some buyers spent more lawyer and real estate special- MF Microfinance Ltd. than $20,000 in the first stage ist should assist and prepare Pich Sarath, the represen- as they will pay $500 more per documents for the buyers. tative of the families and a month. However, the own- “I suggest that the bank ar- victim himself, said the plan ers of this plan [Sokpov and range to make a hard copy for they purchased from general Sohea] avoided responsibility each homeowner according Em Sokpov and his wife Ung and secretly sold the project to to the old contract,” she said. Sohea started in 2018. Prime MF Microfinance Ltd.” Sen Sok district governor Mov The flats and plots of land Meanwhile, the bank re- Manith could not be reached Forestry Administration officials took two people into custody in connection to the smuggling of more than they bought were 4.2m by 14m quires customers who bought for comment on Sunday. five cubic metres of rosewood. supplied and cost between $39,000 and flats and land under this plan Manith was quoted by Fresh $45,000. In the first stage, Sok- to pay to the bank $13,000 News as saying he received a pov and Sohea allowed buyers extra. If the house price is complaint from citizens and to pay using various methods. $39,000, you have to pay an- sent it to the Phnom Penh Two held for trafficking Some people paid 30 per cent other $13,000, he said. Municipal Hall. and some paid 50 per cent with Ho Sok Lim, one of the vic- Phnom Penh Municipal monthly instalments. Others tims, said they had asked the Hall spokesman Meth Meas rosewood in Ratanakkiri paid the first instalment and bank to help build houses Pheakdey could not be reached did not pay monthly. Instead, for buyers to honour the old for comment on Sunday. Soth Koemsoeun Sunday that officials were ques- prosecutor Leang Ou. Phnom Penh Municipal De- tioning the two while authori- Dara said police arrested partment of Land Manage- RATANAKKIRI provincial of- ties searched for more suspects. the suspects as the man was ment, Urban Planning and ficials on Sunday questioned “We have not sent the case driving a truck. He said au- Construction and Cadastre two suspects at the provincial to court yet and I do not know thorities compounded the director Sarin Vanna said he Forestry Administration head- when it will be sent. Now our truck and a milling machine had not yet received any com- quarters in connection to the officials are searching for oth- among other evidence. plaints from the 27 families. smuggling of more than five ers and working carefully on He said other workers were The Post could not contact cubic metres of rosewood. the case,” he said. involved, but they had es- Sophea or Sokpov. Authorities arrested the two Nov Dara, the deputy police caped. He said the owner of Ministry of National De- suspects – a man and a wom- chief of the provincial bu- the site bought the prized fence spokesperson Chhum an – on July 30 in Kon Mom reau for combating economic timber from villagers and cor- Socheat could not be reached district’s Village 4 in Trapaing crime, confirmed that two rupt traders in the province for comment either. Chres commune. suspects had been arrested for to serve her business. But A Prime MF Microfinance The woman appeared to be trafficking first-grade timber. authorities confiscated the Ltd staff member also refused the owner of the timber while He said the crackdown was materials, arrested the owner to answer the reporter’s ques- the man acted as the driver, carried out on the orders of and closed her worksite. tions while the company’s officials said. provincial governor Thong Kon Mom district governor Families that bought flats and condos from a two-star general say he CEO Kim Seang-soo could not Provincial Forestry Adminis- Savun in collaboration with Sek Hay on Sunday declined secretly sold the properties. supplied be reached for comment. tration chief Keb Kort said on provincial court deputy to comment on the case. 4 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com National Preah Sihanouk warns Provinces on fishermen and boat alert as VN’s owners to avoid sea

Khouth Sophak Chakrya docked at Koh Rong town on Koh Rong Sanloem. battle against PREAH Sihanouk officials have “But there were no passen- called on fishermen and boat gers on the three boats. At this owners not to go out to sea or time boat service owners and transport tourists over the next local authorities are helping virus intensifies three days as a typhoon looms. to tow boats back,” he said. The call comes after the Phearum said a tourist boat Khorn Savi a mask-wearing policy while Ministry of Water Resources carrying 15 people sank at Koh travelling. and Meteorology forecast Rong on Saturday, but passen- INISTER of Hotels and guesthouse own- on Friday that an active low- gers were rescued by the coast Health Mam Bun ers were urged to continue pressure area had formed guard working for Oknha Tea Heng and Minis- practising prevention mea- in the South China Sea and Vichet and local fishermen. ter of Interior Sar sures and educate citizens. evolved into a tropical storm “Due to this, the Preah Si- MKheng have advised governors “The Ministry of Health ad- reaching Cambodia. hanouk provincial adminis- in provinces near Vietnam vises people to suspend travel- The storm pattern has in- tration has appealed to the to strengthen monitoring at ling to Vietnam, especially the creased to become Typhoon shipping companies, boats, border checkpoints to prevent regions that are being attacked Sinlaku, the third one this tourists, residents and fisher- CovId-19 transmissions. by Covid-19,” said his letter. year. It will pass through men to suspend water travel This advice came as the Sar Kheng also released a let- Hainan Island before reach- during this period if not nec- outbreak in Vietnam worsens ter advising provincial gover- Minister of Health Mam Bun Heng suggested banning people from ing northern Vietnam on essary,” Phearum said. with cases spreading from city nors whose territory is close to gathering in crowds in provinces near Vietnam, and enforcing a Sunday. The southwest mon- Residents living in Prey Nop to city. As of Sunday, Vietnam Vietnam to increase vigilance. mask-wearing policy while travelling. HONG MENEA soon will speed up and blow district’s Choeung Kor com- reported 620 cases of Covid- He said they should strength- two countries to cross. news, the Ministry of Health into Cambodia. mune at the intersection of 19 and five deaths. en the regulation of goods mov- “There are no normal peo- announced on Sunday that The effects from the storm the 5th and 8th bridges re- In a letter released on Fri- ing back and forth between ple crossing borders. There citizens holding a foreign will be a lot of rain, with some ported bridge collapses due day, Bun Heng said governors borders, prevent illegal cross- are only people who cross the passport with a K visa will not areas around the Dangrek to heavy rain on Saturday, of Kampot, Takeo, Kandal, ings and continue to educate border for diplomatic pur- have to pay $3,000 when they mountain range, the north- and police have banned traf- Prey Veng, Svay Rieng, Tbong people on prevention methods. poses and those who study enter Cambodia. east plateau and coastal areas fic on that road. Khmum, Kratie, Mondulkiri Vietnam reported Covid-19 in Vietnam. Almost no tour- However, they must have suffering floods. Phearum said it was decided and Ratanakkiri provinces community transmissions ists or citizens have crossed a letter proving they tested Coastal areas will witness for safety reasons to temporar- have been warned, as they in Da Nang city on July 25. It the border since its closure negative for Covid-19 within strong winds and large waves ily close traffic on a section of bordered Vietnam. spread to six other provinces, on March 20. We now only ex- 72 hours of travelling. that can endanger fishermen the road to allow public works He suggested enhancing in- spanning from Hanoi and Ho change goods,” he said. Also, diplomats and inter- and other boaters. and transport officials to study spection of travellers, testing Chi Minh City. Meanwhile, Cambodia re- national organisation repre- Preah Sihanouk provin- and repair it. people suspected to have the Svay Rieng deputy gover- corded a new Covid-19 case sentatives must prove they cial Hall spokesman Kheang People travelling from virus and assigning forces to nor Ros Pharith told The Post on Sunday, bringing the total are not infected with Covid- Phearum told The Post on Phnom Penh to Preah Si- safeguard citizens. on Sunday that there are eight to 240. It also reported 32 re- 19. They must quarantine, Sunday that rain continued hanouk province are advised Bun Heng also suggested border checkpoints in his coveries bringing their total but the quarantine process to fall in the province. to use National Road 4, and banning people from gather- province which the govern- numbers to 196. needs to be administered by Large waves and strong avoid travelling by road to ing in crowds, and enforcing ment allows citizens from the In other Covid-related their employers. winds sank three tourist boats Stung Hav. THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 5 National Mondulkiri land dispute cases under probe

The team’s deputy director Neth Pheaktra (centre) said civil society organisations are requesting the government The role of the team is to investigate each case of land encroachment and illegal logging in protected areas of to enforce the law on powerful officials related to a case in the province. ENVIRONMENT MINISTRY Mondulkiri. ENVIRONMENT MINISTRY

Voun Dara ince, said Ministry of Envi- instructions of Prime Minister Former Ministry of Justice Adhoc’s Mondulkiri provin- urge government leaders to ronment spokesman and Hun Sen. under-secretary of state Seng cial coordinator Eang Mengly enforce the laws. If the imple- N INTER-MINISTERI- deputy director of the team The role of the team is to Sovannara and three people said the Council of Ministers mentation of the law is flawed AL team is preparing a Neth Pheaktra. investigate each case of land were recently issued a tempo- showed the names of officials and does not apply to individu- report for government “The inter-ministerial team encroachment and illegal log- rary detention order by the who encroached on State land als or corrupt officials, then that leaders next week after finished its mission on Mon- ging in protected areas of Phnom Penh Municipal Court to the Ministry of Interior. would be bad,” Mengly said. Afinishing research on cases of dulkiri on July 31. The team Mondulkiri. on four charges related to pro- The inter-ministerial team Forest activist Kroeung Tola land encroachment and illegal investigated and checked The team has to collect docu- vincial land disputes. and the leaders of the govern- has been pushing for the inter- logging in Mondulkiri province. some related documents ments and evidence related to all The offences are connected ment, therefore, must enforce ministerial team to investigate Meanwhile, civil society besides visiting related loca- land offences, Sar Kheng said. to 1,000ha of State land in the the law against those officials the land dispute cases in the organisations are requesting tions,” said Pheaktra. Pheaktra said: “Next, we will province and the four offend- to prevent further cases of land province because they were the government to enforce Deputy Prime Minister and prepare the report and send it ers were interrogated by a rep- encroachment, Mengly said. occurring on a large scale and the law on powerful officials Minister of Interior Sar Kheng to our leaders to decide [a resentative of the Phnom Penh “Law enforcement must be involved powerful people in related to a case in the prov- organised the team as per the course of action].” Municipal Court on June 27. effective to protect State land. I the community.

Anti-drug department officers and Preah Vihear police worked together to arrest the two who were in the process of shipping the drugs to a third party. pOLICE Authorities seize 200kg in drugs, peddlers sent to court Khouth Sophak Chakrya and authorities have been According to the report, the searching for them for a long confiscated items included PREAH Vihear provincial time,” said Chito. more than 290kg of hard drugs, police on Sunday sent two Preah Vihear Provincial more than 250kg of marijuana, cross-border drug traffickers Court spokeswoman Chum 76 vehicles, 1,529 motorcycles, to court after they were arrest- Kaniya told The Post on Sun- 4,291 telephones, 276 scales, ed on July 26 with 200kg of day that the suspects are still and 33 weapons. methamphetamine. being questioned. In a separate case across the Deputy National Police Chief Drug production and traf- border in Vietnam, a court issued Mok Chito told The Post that ficking have increased region- a death sentence to a Cambo- anti-drug department officers ally and drug lords are getting dian woman on Friday for traf- and Preah Vihear police worked more creative, said a Ministry ficking drugs across the border. together to arrest the two who of Interior report. Vietnam News Agency (VNA) were in the process of shipping “Cambodia is being threat- reported on Friday that Viet- the drugs to a third party. ened by the flow of drug traffick- namese police detained the “We are investigating their ing through waterways, airways woman at the Bavet-Moc Bai network. The suspects are and the postal service,” it said. international border in Tay Ninh Cambodians. They imported This year police have inves- province on December 2 after the 200kg of drugs from Laos tigated 6,169 drug cases and discovering 5kg of methamphet- by sea. They are an old group arrested 12,274 offenders. amine in her possession. 6 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com Business

USD / KHR USD / CAD USD / CNY USD / JPY USD / MYR USD / SGD USD / THB AUD / USD EUR / USD GBP / USD 4,095 1.3421 6.9727 104.69 4.2395 1.3719 31.19 0.7189 1.1849 1.3120

Trading Information on Cambodia Securities Exchange Date: July 31, 2020 Auction Trading Method (ATM) No Stock Closing Price Opening Price High Low 1 ABC 17,800 18,300 18,360 17,400 2 GTI 2,790 2,790 2,790 2,790 3 PAS 14,940 14,900 15,240 14,900 4 PPAP 11,640 11,700 11,700 11,200 5 PPSP 2,300 2,280 2,300 2,280 6 PWSA 5,580 5,560 5,580 5,520 Rice exports on the rise in 2020 Cambodia to take Hin Pisei part in Shanghai AMBODIA exported more than 420,000 tonnes of rice to international markets in the first sev- import-export fair en months of 2020, an increase ofC more than 38 per cent compared to the May Kunmakara to hold trade talks directly. same period in 2019, a Ministry of Agricul- He said Cambodia is ready ture, Forestry and Fisheries report said. WEEKS away from signing to participate. Released on Friday, it said rice exports a free-trade agreement with “The Ministry of Commerce from Cambodia which passed phyto- China, Cambodia confirmed is ready to set up a Cambodian sanitary inspections in the first seven participation in the third Chi- pavilion and lead the private months of 2020 reached 426,073 tonnes, na International Import and sector to participate in this an increase of 118,060 tonnes, equivalent Export Fair 2020 that runs from event, as it has done twice in to 38.33 per cent compared to 308,013 re- November 5-10 in Shanghai. the past,” Sorasak said. corded in the first seven months of 2019. Cambodia hopes to seize Cambodia Rice Federation Jasmine and fragrant rice accounted for opportunities to expand ex- President Song Saran told The 339,674 tonnes, equivalent to 79.72 per ports and attract investment Post on Sunday that he at- cent of total rice exports, while white long- following the Free Trade tended the expo in 2018 and it grain rice accounted for 80,739 tonnes Agreement (FTA) that will be was a platform to seek trading (18.95 per cent). Long-grain parboiled rice signed in mid-August. partners and investors. accounted for 5,637 tonnes (1.32 per cent) Commerce Minister Pan “I will join this expo, it will be and red rice 23 tonnes (0.01 per cent). Sorasak led a delegation to a my third year in a row. This is a China remains the largest market for Thursday videoconference big event, not only to exhibit our Cambodian rice with 155,327 tonnes with Sun Chenhai, Deputy- rice but attend the conference imported, equivalent to 36.46 per cent of Director General of the China and sign contracts,” he said. Cambodia’s total rice exports. The Kingdom exported 426,073 tonnes of rice to international markets in the first seven months International Import and Ex- Trade between Cambodia of this year. HENG CHIVOAN European markets imported 144,247 port Bureau. and China reached more than tonnes (33.85 per cent), ASEAN regions cent and China by 25.91 per cent. ASEAN for agriculture, so if there is good coopera- Sorasak said the China In- $6 billion in 2018 and jumped imported 57,064 tonnes (13.39 per cent) increased by 44.03 per cent and other des- tion from all stakeholders in public and pri- ternational Import and Ex- to about $8 billion in 2019, and other destinations accounted for tinations by 72.40 per cent,” Sakhon said. vate sectors it will continue to grow further. port Fair is important for all based on figures from the 69,435 tonnes (16.3 per cent). He said Cambodia also exported more “As long as the team and all stakehold- participating countries as an Ministry of Commerce. The Agriculture Minister Veng Sakhon said than 1.115 million tonnes of paddy rice ers work well together and have a good opportunity to participate in two countries are committed 57 countries have ordered rice from through the border provinces to Vietnam investment climate like now, I think the promoting products, services to expanding bilateral trade Cambodia in the past seven months, in the first seven months of 2020. government’s target of exporting one mil- and investment projects and to $10 billion by 2023. including 24 from the EU, China and six The report said in July 2020, rice ex- lion tonnes of rice to the international ASEAN members. ports reached 28,413 tonnes – up 7.32 per market could be achieved soon,” he said. “Cambodia’s rice exports in the first sev- cent from 26,475 tonnes in July 2019. In 2019, Cambodia exported 620,106 en months of the year compared to 2019 Royal Academy of Cambodia econom- tonnes of rice to international markets, increased in all export destinations. The ics researcher Hong Vanak told The Post on down 0.97 per cent from 2018’s 626,225 Ministry official: G‘ ov’t European Union increased by 37.7 per Sunday that Cambodia has a high potential tonnes, ministry data said. on track in regards to Huawei, Qualcomm see room for synergy small businesses sector’ Continued from page 1 minimum tax exemption SEMICONDUCTOR maker now resumed paying licensing to the unstable geopolitical heels of a new industry report would partially alleviate the Qualcomm Inc said it has set- fees for wireless technology, environment, changes appear that Huawei had displaced Bank of Cambodia (ARDB), burden on airlines operating tled a patent dispute with Chi- Qualcomm said. possible in the future. Samsung as the world’s largest while $200 million will be used in Cambodia. nese tech giant Huawei Tech- Jia Mo, an analyst at market The US government put Hua- smartphone vendor in the sec- for credit guarantee schemes. “Given the magnitude of the nologies Co Ltd and signed a research company Canalys, wei in an “Entity List” in May ond quarter of this year in Soksensan said SME Bank Covid-19 burden, the govern- long-term, global patent licens- said the latest US semiconduc- last year which required US terms of shipments. and ARDB have already dis- ment has decided to waive the ing agreement with the latter. tor curbs unveiled in May are firms to obtain a licence to It was the first quarter in bursed about $30 million in minimum tax for the aviation The new agreement is likely specifically designed to contain export domestically produced nine years that a company loans to SMEs as of the end of sector, and I am certain it will to pave the way for the US com- Huawei’s chip-designing capa- chips and software. other than Samsung or Apple last month. continue to provide more assis- pany to supply 5G semicon- bilities, and they did not restrict In May this year, Washington has led the market, according “SMEs will be able to ensure tance if the novel coronavirus ductors to Huawei in the future Huawei from buying chips expanded these rules by requir- to data from market research that their businesses remain predicament persists,” he said. despite the current US restric- designed by other companies. ing contract chip producers company Canalys. afloat and that their workers The government said it will tions, said experts. He said: “If Huawei can pur- anywhere in the world that use During the quarter, Huawei retain their jobs if they can get also continue to provide $40 Huawei will pay Qualcomm chase chips from Qualcomm US semiconductor equipment shipped 55.8 million devices, their hands on more loans. I allowances for suspended $1.8 billion for back royalties in the future, the US company and technology to obtain its down five per cent on a yearly believe we are on the right track factory workers in the textile owed for 2019 and for the first can rake in more money, and approval before producing basis, while the second-placed in regards to the SME sector. and footwear sectors. six months of this year under the the US government is likely to chips designed by Huawei’s Samsung saw shipments fall by “All business owners are hap- Owners of temporarily closed new global patent licence agree- approve it. subsidiary HiSilicon. over 30 per cent to 53.7 million py to receive tax incentives from companies in the textile and ment. The new deal also includes “For Huawei, the more poten- An analyst from a domestic units on a yearly basis. the government. If in the next footwear sectors are also re- a cross licence granting back tial options it has, the smaller its securities company said the Canalys said Huawei is still two to three months, the Covid- quired to disburse $30 per rights to certain Huawei patents, risks will be in the future. As a new agreement paves the way subject to US government 19 situation improves, we will month to each of their workers. covering sales beginning Janu- result, it is important for the Chi- for Qualcomm to supply its restrictions, which have affect- continue to consider new mea- The government will also ary 1, Qualcomm said. nese company to maintain good high-end chips to Huawei, if ed its business outside of the sures to help them,” he said. continue to provide cash as- While Huawei is still barred relations with Qualcomm so as Washington approves such an Chinese mainland. Its overseas State Secretariat of Civil sistance to poor and vulner- from buying Qualcomm chips to reduce future risks,” Jia said. arrangement in the future. shipments fell by 27 per cent Aviation (SSCA) spokesman able people for August and under US regulations, it has But he also warned that due The move comes close on the from April to June. CHINA DAILY Sin Chansereyvutha said the September. THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 7 Business China’s TCU ‘She Loves Tech’ Cambodia contest Polys gets pat on back for Joshua Purushotman we are unable to solve the world’s greatest challenges. quality pipes AMBODIAN start- Women represent a new ups are invited to generation of innovation INISTER of Industry, take part in the and disruptive thinking. Science, Technology and Kingdom’s inaugural Another co-founder Le- MInnovation Cham Prasidh SChe Loves Tech competition anne Robers said: “Empow- encouraged China’s TCU Polys En- – the world’s largest of its kind ering women in technology terprise Co Ltd on Friday to expand for women and technology. will change the way we live pipe production in Cambodia. The Global Startup Com- and work, and our competi- Prasidh made his proposal while petition Series will be com- tion is one of the best ways to leading a delegation to the pipe facing to Cambodia and is springboard that change.” tory in Kampong Speu province. co-organised by She Loves Applications for She Loves The Minister said water pipe Tech and Raintree, authors Tech Cambodia require back- products are what the country of the Startup Kingdom, in ground information about needs to develop the water treat- partnership with the minis- the company and are open ment sector in Cambodia. tries of Posts and Telecom- from August 1 to August 31. “The company complies with munications; Economy and Shortlisted candidates Cambodian rules, so on behalf of the Finance, and Khmer Enter- will be awarded mentorship government and ministry, we would prise and Global Shapers from seasoned profession- like to congratulate and encour- Phnom Penh Hub. als and regional experts to age it further as its products are in She Loves Tech was found- refine their pitches. demand in the market and can also ed in 2015 to create a diverse To qualify, entrepreneurs be produced for export,” he said. global tech sector, where more who may be men or women Prasidh advised the company to women occupy technical roles must represent a technology examine the possibility of participat- and positions of leadership. A global UNESCO study in 2017 on girls and women’s education in Science, Technology, Engineering, start-up that has a minimum ing in bidding for the supply of water A global UNESCO study in and Mathematics (STEM) found that only 30 per cent of all female students in higher education chose to viable product, is currently equipment in Cambodia. study STEM-related fields. HONG MENEA 2017 on girls and women’s seeking funding under $5 Polys Enterprise Co Ltd was education in Science, Tech- raise over $100 million in ag- munity has been growing cash prize of $15,000 from million. established in Cambodia in 2016 nology, Engineering, and gregate funding from some more vibrant each year. the She Loves Tech affiliate They must also be able to and has been manufacturing and Mathematics (STEM) found of the world’s top investors, “We are very excited to fund – special media cover- fulfil one of the following supplying water and sewerage that only 30 per cent of all including Microsoft, Ama- finally become part of the age and mentorship prizes, criteria – be founded or co- pipes with a total capital investment female students in higher zon, and Sequoia Capital. community as well as con- fast track access to She Loves founded by a woman; have of some $10 million. education chose to study In addition to going fully tribute to it by bridging lo- Tech’s partner funds and ac- women as a significant pro- “The company supplies quality STEM-related fields. online this year, the 2020 cal start-ups with strategic celerator programmes, plus portion of end-users or con- products using new small plastic Alarmingly, female enrol- edition is extra special as it and international resources. in-house advisory services. sumers; have products de- raw materials imported from ment in Information, Com- marks Cambodia’s first ap- We can’t wait to see what Although Cambodia’s signed with women users in Thailand using quality testing to munication, and Technol- pearance in the competition impactful technologies will Ministry of Posts and Tele- mind; or have products that meet technical standards and ogy (ICT) was the lowest at as one of the 30+ interna- emerge from She Loves Tech communications is doing its address a problem dispropor- international standards,” said its three per cent. tional partners across North Cambodia this year!” part with initiatives like the tionately affecting women. spokesperson. The competition has con- and South America, Africa, She Loves Tech Cambodia’s Cambodian Women in Tech For application and more The company, he said is current- tinuously expanded its reach Europe, Asia, and Australia. first place winner is set to Awards, gender diversity re- information, please check ly also supplying sewerage pipes over the last five years and Rhea See, She Loves Tech represent the Kingdom and mains a challenge. online for the She Loves for Preah Sihanouk province. May with alumni start-ups from co-founder said: “The Cam- compete in the internation- Co-founder Virginia Tan Tech Cambodia page which Kunmakara previous years going on to bodian tech start-up com- al finals for an equity-free said: “Without women, will be uploaded soon. PTTEP reveals 10-year plan

THAI State-run PTT Explora- intelligence, to overcome chal- the company has entered into oil tion and Production Pcl lenges in energy transition and price hedging contracts for a (PTTEP) has refocused its to create long-term growth. certain portion of its trade. 10-year business strategy for “The new business is targeted Meanwhile, PTTEP recorded the post-pandemic era. to contribute 20 per cent to net an impairment loss of $47 mil- Its president and CEO Phong- income in 2030.” lion, primarily from its Mariana sthorn Thavisin on Thursday In the first half of this year, Oil Sands project in Canada as said: “After evaluating the PTTEP generated total revenue forecasted long-term low oil impact of the Covid-19 pan- of $2.779 billion – seven per prices indicated project devel- demic and the changing indus- cent down from the $3.001 bil- opment was uncommercial. try landscape, PTTEP has lion it generated in the same Accordingly, PTTEP reported sharpened business plans and period last year. a net profit of $409 million in set goals for 2030 of maintain- Average sales volume in the the first half of last year, a drop ing our competitiveness and first half was 345,207 barrels of of 51 per cent from the previous ensuring sustainable growth. oil equivalent per day (BOED), year’s $827 million. “Our goals are going to be a rise of by six per cent from In the second quarter of this quite a challenge, especially in the 326,971 BOED in the same year, PTTEP posted total revenue this dynamic business envi- period last year, driven by the of $1.095 billion and net profit of ronment. Under the revised acquisition of Murphy Oil $134 million. This was mainly plans, the company will focus Corp’s business in Malaysia due to the lower sales volume on continuously reducing unit and Partex Holding. and average selling price, follow- costs to reach the top quartile However, as a consequence ing lower energy demand amid in the industry. of the Covid-19 outbreak and the impact of Covid-19 and the “This will give us resilience to oil price war between Saudi falling global oil price. oil price volatility while sus- Arabia and Russia in March PTTEP’s board on Thursday taining operating cash flow to this year, global demand for approved an interim dividend support investment in explora- energy has crashed while the payment for the first six months tion and production projects as oil price has fallen more than of 1.50 baht (4.8 US cents) per well as business acquisitions.” 50 per cent this year. share, to be made on August 28. Thailand, Myanmar, Malaysia As a result, PTTEP’s average Phongsthorn said the volatile and the Middle East would selling price dropped 15 per global oil price together with remain the focus for PTTEP cent to $40.15 per barrel com- the Covid-19 outbreak contin- investments, said Phongsthorn. pared to $47.26 in the same ue to have an impact on domes- He said: “We expect an aver- period last year. tic energy demand. age production growth rate Nonetheless, the company’s As a result, PTTEP has cut its [CAGR] of five per cent and aim selling price fell proportion- 2020 sales target by nine per to maintain a reserves-to-pro- ately less than the crude oil cent to 355,000 BOED. duction ratio [R/P ratio] of sec- price since the natural gas price However, the company said it ond years. has already been secured with has cut its initial 2020 expenditure “In addition to our core busi- sales agreements where the of 143.012 billion baht ($4.6 bil- ness, PTTEP is also seeking price formula is linked to fuel lion) by 15-20 per cent by reduc- opportunities to boost the fully oil and the average price over ing operating costs and deferring integrated liquefied natural gas the past six to 24 months. exploration activities in some [LNG] business, both upstream While crude oil accounts for projects. The move will have no and liquefaction, and investing roughly 30 per cent of PTTEP’s impact on future operations or in new businesses including total sales volume and is directly the energy supply of the coun- power, and robotics and artificial impacted by oil price volatility, try, said PTTEP. THE NATION THE PHNOM PENH POST august 3 , 2020 www.phnompenhpost.com Investing in bonds a safer alternative In collaboration with the Cambodia Securities Exchange, The Phnom Penh Post is publishing a series of articles related to the securities market. This, the fourth in the series, focuses on bonds.

hile stocks remain popular in the financial market, bonds present Wa further exciting investment opportunity. Governments and corpora- tions can raise huge amounts of capital by selling bonds to finance long-term projects such as infrastructure development. Bonds have several character- istics that can make them a more attractive investment to stocks, especially for those who prefer less risk and are prepared for a long-haul venture.

What are bonds? Bonds are a type of debt security that represent the amount of money investors lend to the issuer, which could be a corpo- ration, a state-owned enterprise or the government. Investors receive interest from the issuer periodically, and the entire principal amount is redeemed at a fixed date termed “maturity”. Should a company plan to build a new manufacturing plant requiring $1 million of investment, it could for instance The listing of ABA Bank’s bond on the CSX on August 2019. supplied issue 100,000 units of bonds priced at $10 each instead of cash. This makes investment return from the investment entitled to receive a 50 per cent a company’s assets, meaning Contributed by: The Cambodia using existing funds or issuing in bonds more attractive than will be paid periodically and is discount on withholding tax on they are given priority in terms Securities Exchange, Market stocks. bank deposits. fixed and guaranteed, provid- bond interest. of repayment should the com- Operations Department These bonds would receive Bonds are also usually less ing bondholders with steady pany invested in be liquidated Email: [email protected] five per cent interest per annum risky than stocks as the returns income. The face value – the Tradability: Unlike a fixed or go bankrupt. Tel: 023 95 88 88 / 023 95 88 85 and have a three-year maturity are not associated with how principal sum – will be paid in deposit, where the principal is period, for example. a company performs, while a full at maturity. only paid on the date of maturi- Diversification: Investing Disclaimer: This article People investing in the bonds bondholder will be paid first in ty or the depositor will lose their in bonds offers an ideal has been compiled solely for would receive a fixed interest the case of bankruptcy. Tax incentives: Investing in interest, bonds can be traded on alternative to increase informative and educational rate of five per cent per annum bonds is subject to less with- the securities exchange. Bond- financial safety in a portfolio. purposes. It is not intended to and their initial investment back Five reasons to invest in holding tax than fixed deposits holders can freely buy or sell on With bonds less susceptible offer any recommendations after three years. bonds at a bank, at three per cent the market should they wish to to volatility than stocks, or as investment advice. The Bondholders can trade their Fixed and regular income: compared to six per cent. convert their holdings into cash. investing in bonds presents Cambodia Securities Exchange bonds in the securities exchange Investing in bonds is ideal for Based on the tax incen- lower risk while also is not liable for any losses or with ease should they wish to investors who are looking for tives from the Cambodian Repayment priority: Bond- bringing diversification damages caused by using it in convert their investment into a less risky investment. The government, bondholders are holders have a higher claim on to an investment portfolio. such a way.

The difference between bonds, fixed deposits and stocks Bond investment in Cambodia

Bonds Fixed Deposit Stocks To invest in bonds in the Kingdom, investors need to open a trading account with a broker that is a member of the Cambodia Securities Exchange (CSX). Currently there are seven bonds listed on the CSX: Investor Become the lender Become the saver Become the owner Bond Status Detail Code

Fixed and regular interest Fixed and regular interest Dividend payment decided Issuer: Prasac Microfinance Institution Plc– Coupon rate: 7.5 per cent per annum Return PRA23A income income by the company Payment frequency: Semi-annually – Maturity date: 23/04/23 – Face value: 100,000 riel

Generally higher as the Relatively low as the return Relatively low as the return return is based on the Issuer: RMA (Cambodia) Plc – Coupon rate: 5.5 per cent per annum Risk Level is not associated with how is not associated with how RMAC25A company policy and Payment frequency: annually – Maturity date: 09/04/25 – Face value: 100,000 riel the company performs the bank performs performance Issuer: Phnom Penh Commercial Bank Plc – Coupon rate: 6.5 per cent per annum Tradable at securities Tradable at securities PPCB23A Trading Not tradable Payment frequency: Semi-annually – Maturity date: 10/04/23 – Face value: 100,000 riel exchange exchange

Issuer: Advanced Bank of Asia Limited (ABA) – Coupon rate: 7.75 per cent per annum Price ABAA22A Low N/A Generally higher Payment frequency: Semi-annually – Maturity date: 14/08/22 – Face value: 100,000 riel Volatility

Holding Issuer: LOLC (Cambodia) Plc. – Coupon rate: nine per cent per annum Unlimited unless the LOLC22A Up to maturity Up to maturity Payment frequency: Semi-annually – Maturity date: 26/04/22 – Face value: 100,000 riel Period company is liquidated

Additional Priority in terms of Priority in terms of Voting rights in the Issuer: LOLC (Cambodia) Plc. – Coupon rate: 7.5 per cent per annum LOLC22B# Benefit repayment and liquidation repayment and liquidation company Payment frequency: Semi-annually – Maturity date: 26/04/22 – Face value: 100,000 riel

Applicable Withholding tax on interest Withholding tax on interest No withholding tax on Tax Issuer :HatthaKaksekar Limited (HKL) – Coupon Rate: 8.5 per cent per annum (Residents) of three per cent of six per cent dividend HKL21A Payment frequency: Semi-annually – Maturity date: 14/11/21 – Face value: 100,000 riel # Refers to a type of index-linked bond where the coupon and principal are linked to exchange rates. THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 9 World SpaceX craft leaves ISS, heads for Earth Sect leader HE SpaceX Crew arrested for Dragon spacecraft shoved off from the International Space hindering STtation (ISS) on Saturday with two US astronauts on board, beginning their journey back Covid work to Earth despite a storm threatening Florida. THE elderly leader of a secre- NASA footage showed the tive South Korean sect at the capsule drifting slowly away centre of the country’s early from the ISS in the darkness of coronavirus outbreak was ar- space, ending a two month stay rested on Saturday for alleged- for the first US astronauts to ly hindering the government’s reach the orbiting lab on a US effort to contain the epidemic. spacecraft in nearly a decade. Lee Man-hee, 88, is the head “And they are off!” the US of the Shincheonji Church space agency tweeted, with of Jesus, which is often con- Doug Hurley and Bob Behnken demned as a cult. set to splash down on Sunday. People linked to the church “[They] will spend one more accounted for more than half night in space prior to return- of the South’s coronavirus ing to their homeland, Earth,” cases in February and March NASA tweeted. when the country was endur- Their proposed splash-down ing one of the worst early out- sites are off the coast of west- breaks in the world. ern Florida’s panhandle, while NASA footage showed the capsule drifting slowly away from the ISS in the darkness of space, ending a two month stay for the first US astronauts to As of July 19, more than 5,200 tropical storm Isaias is headed reach the orbiting lab on a US spacecraft in nearly a decade. NASA/AFP Koreans who are connected toward the state’s east coast. with the sect were infected, NASA opted to go ahead ceremony aboard the ISS that Hurley’s son, he held up a toy astronauts. their “space taxi” contracts. making up 38 per cent of all with bringing the pair home was broadcast on NASA TV. dinosaur that the children The mission, which blasted But Boeing’s programme confirmed cases in the coun- despite the threat of Isaias, “The teams are working chose to send on the mission off May 30, marked the first has floundered badly after a try, the Korea Centres for Dis- which was downgraded to a really hard, especially with and said: “Tremor the Apato- time a crewed spaceship had failed test run late last year, ease Control and Prevention tropical storm from a hurri- the dynamics of the weather saurus is headed home soon launched into orbit from US which left Space Exploration said. cane on Saturday. over the next few days around and he’ll be with your dads.” soil since 2011 when the space Technologies Corp (SpaceX), Lee is accused of giving in- The agency later added the Florida,” he said. Behnken later tweeted: “All shuttle programme ended. a company founded only in accurate records of church capsule was confirmed to be Earlier, during the ISS cer- my bags are packed, I’m ready It was also the first time a 2002, a clear frontrunner. gatherings and false lists of its “on a safe trajectory”. emony, Behnken said that “the to go.” private company has flown to For the past nine years, US members to health authori- “Now is the entry, descent and hardest part was getting us Mission chief Chris Cassidy the ISS carrying astronauts. astronauts travelled exclu- ties. splashdown phase after we un- launched. But the most impor- called it an “exciting day” and The US has paid SpaceX sively on Russian Soyuz rock- He was taken into custody dock, hopefully, a little bit later tant part is bringing us home”. hailed the importance of hav- and aerospace giant Boeing ets, for a price of around $80 early on Saturday “after the today,” Hurley said in a farewell Addressing his son and ing a new means to transport a total of about $7 billion for million per seat. AFP Suwon District Court granted an arrest warrant at 1:20am”, a court spokesperson told AFP. The judge said there “have been circumstances indicating All 27 suspects systematic attempts to destroy Scientists in Shanghai, China make evidence” by Lee, Yonhap News in $6B crypto Agency reported. Shincheonji has claimed its scheme nabbed members face social stigma new cancer treatment discovery and discrimination if their be- LL 27 suspects thought to liefs become publicly known, be responsible for running SHANGHAI scientists have discovered dissuading some from re- APlusToken, one of the biggest a method that can make up for the sponding to official inquiries. cryptocurrency Ponzi scheme that shortcomings of the current CAR-T It released a statement later defrauded investors of around 40 cell therapy, a new frontier in cancer on Saturday, stressing Lee’s ar- billion yuan ($5.7 billion) have been treatment. rest “doesn’t mean a guilty ver- arrested, China’s Ministry of Public CAR-T therapy involves isolating T- dict”. Security said in a statement on cells from a patients’ blood and repro- Lee was only concerned Friday. gramming them to attack cancer cells about authorities’ “excessive The case marks the first time po- after they are re-infused to the body. requests” for personal details, lice have cracked down on a major T-cells act as the “police force” in the and “never ordered” his sub- international Ponzi scheme that human body, and CAR-T reinforces the ordinates to withhold informa- used cryptocurrencies including cells with targeting devices. When the tion, the church added. bitcoin as an exchange method. T-cells are re-infused into a patient’s The sect, founded in 1984, The pyramid scheme is said to have body, these “cell police” can precisely proclaims Lee has donned the grown to over 3,000 layers since locate cancer cells and terminate mantle of Jesus Christ and will last year and fleeced more than two them, according to doctors. take 144,000 people with him million people, the ministry said. But there are shortcomings with the to heaven on the day of judge- Since June last year, the Chinese current CAR-T therapies, which are ment. It is known to have some police force has collaborated with mostly used for treating patients with 200,000 followers. peers from Cambodia, Vietnam, blood tumours. Lee is also accused of em- Malaysia, Vanuatu and other coun- These shortcomings included a high bezzling 5.6 billion won ($4.69 tries and regions to apprehend the incidence of cytokine release syn- Researchers said the study is still in the experimental stage, but they will continue to million) from church funds 27 prime suspects operating from drome, which may trigger a series of attempt to apply the research results in clinical use in view of its good application prospects and holding religious events in the treatment of various types of tumours. SUPPLIED/CHINA DAILY abroad. side effects, and a lack of persistence at public facilities without ap- On March, 82 core members of CAR-T cells, which often leads to molecule functioning in TCR, or T-cell the team and a researcher at the Cen- proval. allegedly behind the scheme were the failure of monitoring tumour cells receptor, with combined technologies tre for Excellence in Molecular Cell He apologised back in March also captured by the Chinese police. for prolonged periods and thus lead- in immunology, mass spectrometry, Science, CAS. for the spread of the disease. The PlusToken project was ing to tumours recurring. biochemistry, biophysics. A paper about the research was pub- The South has since been initially presented as a South Korea- In their joint research, scientists The integration of this key signal mol- lished on the website of the Boston- returning largely to normal, based exchange offering high in- from the Shanghai-based Centre for ecule into the current CAR can reduce based Cell last week. appearing to have brought the vestor returns, media reports said. Excellence in Molecular Cell Science secretion of cytokines, promote cell Researchers said the study is still in outbreak under control with an Eventually, the entire operation was Affiliated with the Chinese Academy growth and survival, and improve their the experimental stage, but they will extensive “trace, test and treat” exposed as a scam after several of Sciences (CAS), Beijing-based Pe- overall sustainability, test results show. continue to attempt to apply the re- programme. million participants found they were king University Health Science Centre “In lab tests on mice, the anti-tu- search results in clinical use in view of Officials in the EastA sian na- unable to withdraw their invest- and the University of California, San mour activity of the upgraded CAR-T its good application prospects in the tion of 52 million announced ment. CHINA DAILY/ASIA NEWS NETWORK Diego, discovered the signal trans- therapy was significantly improved,” treatment of various types of tumours. 31 new cases on Saturday, tak- duction mechanism of a key signal said Xu Chenqi, a leading scientist on CHINA DAILY/ASIA NEWS NETWORK ing the total to 14,336. AFP 10 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com ASEAN Hanoi, Ho Chi Minh Philippine gov’t urged to put City close non-essential Manila back under lockdown businesses, after deaths Continued from page 1 calm. “Initially, people pan- ARNING that icked and bought up all the the country’s respiratory failure, multi-organ food they could,” the 32-year- healthcare sys- failure with Covid-19 infection. old information technology tem is on the The 83-year-old woman who professional told The Straits Wbrink of collapse, dozens of died had for six years suffered Times. “But after three days, Philippine doctors’ and nurses’ from degenerative joints and they have calmed down and groups urged the government recently had gastric bypass are now staying home.” on Saturday to put Metropoli- surgery and was admitted to In a dispatch dated July 30, tan Manila and the surround- the Danang Department of Danang People’s Committee ing towns back on lockdown General Medicine suffering deputy chairman Le Trung for at least two weeks. from stomach pains. Chinh said the source of the “The health sector cannot On July 30, she began to suf- outbreak has still not been hold the line for much lon- fer a fever and was found to be identified. ger,” they said in a letter to positive for Sars-COV-2, the Professor Guy Thwaites, the President Rodrigo Duterte coronavirus which causes Cov- Ho Chi Minh City-based direc- that was signed by the heads id-19. She was immediately tor of the Oxford University of some 40 medical societies. transferred into isolation. Clinical Research Unit, a clini- They said: “Our healthcare In the early hours of Sunday cal and public health research system has been overwhelmed. morning she too fell into a organisation, praised Viet- We are waging a losing battle coma and was pronounced nam’s government for respond- against Covid-19 and we need dead at 5:45am. ing “quickly and decisively” to to draw up a consolidated, de- Doctors have said the cause this outbreak. finitive plan of action.” of death was acute coronary He told The Straits Times: The groups called for a The medical groups in their letter to Philippine President Rodrigo Duterte called for a ‘comprehensive, syndrome, cholecystitis, pol- extensive plan’ to contain the outbreak and for the health department to take the lead. AFP “They are tracking or have iso- “timeout” from August 1-15, yarthritis, hypertension and lated more than 80,000 people so that the government and the outbreak allowed gyms, were now down with Covid-19. health safety measures. Covid-19 infection. and there is a huge amount of the health sector could draw internet cafes, tutorial and re- He told ABS-CBN: “We have “Contact tracing is failing Two people died of Covid-19- testing being done. up a better plan to deal with view centres, pet clinics and people in surgery, billing, engi- miserably,” they said, pointing related complications on Friday “The uncertainty rests in the coronavirus crisis. drive-in cinemas to reopen. neering. It’s not coming from the out that while guidelines exist, and a third on Saturday. All five how far this has spread out in Current plans were not Movement restrictions for patients anymore. The infection “compliance [by local govern- deaths have occurred to patients the community because it’s working, they insisted, citing children and the elderly re- is spreading from personnel to ment officials] is optional. with serious health conditions. pretty clear the infection prob- a surge of over 50,000 infec- main but the business op- personnel, which is scary.” “The progressive lifting of The first patient who died was ably had been in Danang or tions last month alone. erations – from restaurants to The medical groups said in quarantine has inadvertently a 70-year-old man who appeared the region for the last few The Department of Health gyms – can proceed, albeit in their letter to Duterte many fuelled public misconception to have contracted the virus in weeks undetected.” reported 4,963 new cases on a more limited way. health professionals were re- that the pandemic is getting Danang, the official Vietnam In the nearby tourist haunt Saturday, in what was the The Ospital ng Maynila, one signing “because of fear, fatigue, better. It is not,” they added. News Agency reported. of Hoi An, in Quang Nam prov- country’s largest single-day of the largest public hospitals and poor working conditions”. Duterte’s spokesman Harry This leaves Cambodia and Laos ince, a similar stay-home order increase of new coronavirus in the capital, told ABS-CBN “Facilities have had to close Roque said in response that as the only ASEAN countries to is also in place. cases on record. More than News that it had been seeing because of these problems,” “the strict lockdown in Metro not register a Covid-19 fatality. In the southern metropolis half of the cases came from the “four to six DoAs [dead on ar- they said. Manila has served its purpose The coastal tourism hub of Ho Chi Minh City, nightlife National Capital Region (NCR) rivals]” each day, as the num- They called for a “comprehen- and we need to intensify oth- logged 82 new Covid-19 infec- essentially came to a halt from and Calabarzon, a neighbour- ber of patients desperate to sive, extensive plan” to contain er strategies. tions on Friday, the single big- Friday with the closure of bars ing region designated as IV-A. be admitted surged in the last the outbreak and for the health “Community quarantine gest daily increase in corona- and clubs, and the suspension Saturday’s tally brought the two weeks last month. department to take the lead. alone, we repeat, is an insuffi- virus cases. Many of them were of festivals, fairs and non-ur- country’s caseload to 98,232. Most of those arriving dead A task force overseeing ef- cient response in controlling individuals who had been iso- gent meetings. Over 50,000 cases were re- had already been shuttled forts to slow the spread of Covid-19,” he said, adding lated since new community Public gatherings of more corded last month alone from one hospital to another Covid-19 is being led by a for- that the government was hir- transmissions were first than 30 people are banned, when many of the sweeping and had been turned away, mer military general. ing more health care workers detected over the weekend. mirroring similar restrictions shelter-at-home restrictions Dr Karen Kaye Uy, the hospi- They noted the poor imple- to scale up hospital capacity. Before the outbreak, Viet- placed in the capital Hanoi in place since May were eased tal’s chief resident for internal mentation of case finding This call from health profes- nam had not recorded any earlier this week. Since the to restart a stalled economy. medicine, told the network. and isolation strategies, fail- sionals came just a day after local transmission for close to start of the pandemic, Vietnam Despite the surge, Duterte Dr Karl Laqui, the hospital’s ure of the health department Duterte promised a vaccine 100 days and appeared to have has recorded 546 infections. has decided to stay the course officer in charge, said nearly to conduct proper contact by December, saying he was emerged from the pandemic Police have ramped up until mid-August. a dozen of the hospital’s own tracing, lack of transport and confident the situation would ahead of its Southeast Asia efforts to ferret out foreigners On Wednesday, a task force staff, many of whom had no work safety procedures, and be back to normal by then. THE peers through a system of and locals who have evaded coordinating efforts to roll back contact with infected patients, poor public compliance with STRAITS TIMES/ASIA NEWS NETWORK mass quarantine and testing. the mandatory quarantine by With its borders closed to entering Vietnam illegally. The almost all foreigners since country shares a porous bor- March, locals had lowered their der of over 4,500km with Cam- guard about wearing masks and bodia, Laos and China. social distancing in public. “It’s extremely difficult to Indonesian police following money Many also redoubled their stop people coming in. And it’s holidays around the country on very difficult for a country to discounted airfares and hotel isolate itself from a pandemic rates offered by businesses try- that is affecting the rest of the trail in graft fugitive Djoko’s flight ing to restart the pandemic- world,” said Thwaites. “This battered tourism industry. was almost inevitable.” INDONESIA’S National Police will inves- letters and … the alleged flow of illicit cated three high-ranking police generals, Danang is now in the middle Despite the latest setback, tigate allegations that a flow of illicit funds funds [pertaining to his flight].” who were removed from top positions in of a 15-day lockdown, with even Vietnam’s economy is poised allowed graft fugitive Djoko Soegiarto Djoko escaped the country to Papua the force for their alleged facilitation of takeaway food and drink serv- to grow at around 2.8 per cent Tjandra (pictured) to evade law enforce- New Guinea in 2009, a day before the Djoko’s travel within the country. ices suspended. The authorities for the year if the global situa- ment for more than a decade. Supreme Court sentenced him to two Bareskrim Civil Servant Investigator are also converting a stadium tion improves, the World Bank Police arrested Djoko in Malaysia on years in prison and ordered him to pay Supervisory and Coordination Bureau head into a field hospital. Apart from said on Thursday. Thursday in what authorities called “a more than 546 billion rupiah ($54 Brigadier General Prasetyo Utomo has been this, all construction work has A less favourable external planned operation”. He had spent 11 million) in restitution for his named a suspect by the police for allegedly been halted with effect from Fri- environment will still see it eke years on the run. role in the Bank Bali cor- issuing forged travel letters for Djoko. day, local media reports said. out a 1.5 per cent growth. VIET After being questioned at the ruption case. Indonesian Anti-Corruption Commu- Resident Huynh Viet said the NAM NEWS, THE STRAITS TIMES (SINGA- headquarters of the National He managed to return nity (Maki) chairman Boyamin Saiman atmosphere in Danang was PORE)/ASIA NEWS NETWORK Police’s Criminal Investigation to Indonesia early in June previously urged authorities to trace the Unit (Bareskrim), Djoko was to file a request for a flow of funds in the case, suggesting there detained at a police facility in review for his conviction. was more to be discovered. Salemba, Central Jakarta. He reportedly filed the “We could look into additional alleged Bareskrim head Commission- documents after obtaining bribery surrounding the case if he were er, General Listry Sigit a new electronic ID card to open up,” Boyamin said during an Prabowo, said during and passport and interview with Kompas TV on Thursday. a televised press having his Inter- Corruption Eradication Commission briefing on Fri- pol red notice (KPK) acting spokesperson Ali Fikri said day: “We will status lifted. the anti-graft body had offered help to the proceed with Djoko’s police track the flow of funds in the our investiga- clandestine case. tion related to return to “We have communicated and coordi- the issuance Indone- nated with Bareskrim through our deputy of travel rec- sia has [head] of prevention.” THE STRAITS TIMES (SINGA- The Ho Chi Minh City-based director of the Oxford University Clinical ommendation impli- PORE)/ASIA NEWS NETWORK Research Unit noted that a huge amount of testing is being done. AFP THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 11 Opinion

Hydrogen a potential ASEAN green fuel www.phnompenhpost.com EDITORIAL PERSONNEL Opinion Publisher & Chief Executive Offi cer Han Phoumin Ly Tayseng Executive Editor-in-Chief Joshua Purushotman ECENT international head- Managing Editor Post Khmer lines have been declaring Sam Rith the potential of hydrogen to Deputy Chief of Staff solve some of the key issues Phak Seangly thatR limit the development of renew- Business Editor able energy (RE) and the goal of May Kunmakara decarbonisation of emissions. Deputy Business Editor The Wall Street Journal calls it the Sangeetha Amarthalingam “new wonder fuel”. The BBC refers to a Deputy Head of Lifestyle Desk hydrogen “tech revolution” and Forbes Pan Simala says it “may be the crucial ‘jigsaw’ piece Senior Reporters for green microgrids”. In short, hydro- Meas Sokchea, Niem Chheng gen will be an option to mitigate CO2 Reporters emissions in the future. So how can this Khouth Sophak Chakrya, Kim Sarom, potential be applied by ASEAN? Long Kimmarita, Khorn Savi, Hin Pisei, ASEAN’s current power generation Soth Koemsoeun, Voun Dara, Sous Yamy, mix is dominated by coal, gas and Thou Vireak hydropower. However, solar and Photographers wind power comprise the most abun- Heng Chivoan, Hong Menea dant energy resources in ASEAN but Web Editor contribute negligent amounts (1.5 Leang Phannara per cent in 2015 and 2.4 per cent in Webmasters 2020) to the power mix. Sous Chanthy, Pang Vichea An optimistic outlook estimates SIEM REAP BUREAU that the shares of wind and solar Offi ce Manager power will increase by about 11 per Hydrogen produced from electrolysis using surplus electricity has many advantages that complement battery storage, as hydrogen can be stored as liquid gas which is suitable for uses in many sectors and is easy to transport. YONHAP NEWS AGENCY Sophearith Blondeel cent by 2040. PRODUCTION & PRINTING Many ASEAN grid operators hold tion and storage or CCUS) has many fuel, hydrogen production can be an production cost of green hydrogen. Head of Desktop Publishing misperceptions about renewable advantages that complement battery issue. Almost 95 per cent of current Technically, if renewable hydrogen Nhim Sokphyrak energy, although the production cost storage, as hydrogen can be stored as hydrogen production is from natural production only uses curtailed elec- Desktop Publishing of RE such as solar and wind has liquid gas which is suitable for uses in gas which leaves a carbon footprint. tricity from wind and solar, the oper- Suon Savatdy, Chum Sokunthy, Danh Borath dropped dramatically in recent years. many sectors and is easy to transport. The gasification of coal can also be ating load factor of electrolyser is Tep Thoeun Thyda, Tim Borith, Than Veasna Its share in the power generation mix And the transport issue is critical in used to produce hydrogen, but in likely very low as 10 per cent or less remains small at 2.4 per cent this ASEAN as many renewable resources terms of carbon footprint, coal gasifi- which is the major contributing cost HEAD OFFICE year, the Economic Research Insti- are far from demand-centres and cation emits roughly four times more of producing hydrogen. tute for ASEAN and East Asia (ERIA) therefore difficult to produce cost-ef- CO2 per kg of hydrogen compared Based on research conducted by the said last year. ficiently. In many cases their devel- with using natural gas feedstock. Hydrogen Council (2020), electrolys- The misperceptions about RE’s stem opment requires large investment of The ideal hydrogen is “green hydrogen” ers need to run at a load factor of at Post Media Co, Ltd. from its variable and intermittent undersea transmission cables to which uses renewable resources in the least 30 per cent or more to make the The Elements Condominium Level 7, nature, which adds higher costs to grid transport electricity. form of electricity which is created cost of hydrogen competitive. To pro- Hun Sen Boulevard, Phum Prek Talong, systems because it requires backup For example, the potential for through a process known as “electrolysis”. duce renewable/green hydrogen Sangkat Chak Angre Krom,12353, Phnom capacity from conventional gas power hydropower in Sarawak, Malaysia and This green hydrogen enables requires electricity from renewables. Penh, Cambodia plants, the California, US-based Papua, Indonesia is high. But electric- increasing the share of intermittent By creating this demand, the pres- Tel: 023 888 161, 023 888 162 National Renewable Energy Laborato- ity demand in those areas is not sig- renewable energy such as wind and ence of green hydrogen is an enabler Cellcard: 078 555 166, 078 555 133 ry (NREL) said earlier this year. nificant, therefore these resources solar into the power mix, and it for increasing the renewable energy Smart: 086 822 999, 086 277 999 The ASEAN power grid is making cannot be fully tapped for uses as they allows for accelerating the use of oth- production in general. SIEM REAP slow progress and an integrated are far from demand centre. er renewable energy such as geother- Since hydrogen is a clean energy car- No 629, Street 6 Dangkum Commune ASEAN power market may remain The same is true for low-ranked coal mal, hydropower, biomass and rier and can be stored and transported Tel: 063 966 290, Fax: 063 966 590 unrealised for several reasons includ- and hydropower in isolated places in nuclear combined with wind and for uses in many sectors, hydrogen COMMERCIAL DEPARTMENT ing regulatory and technical harmo- Indonesia and many other island solar as hybrid energy systems. development is an ideal pathway to Chief Operating Offi cer nisation issues between ASEAN pow- countries. In contrast, hydrogen devel- The cost competitiveness of pro- sustainable clean energy systems in James Ong Soon Teck er grids and utilities. opment has the great advantage of ducing green hydrogen is key for the ASEAN as well as the rest of the world, Advertising Department Thus, scalable electricity production turning these resources into hydrogen wide adoption of hydrogen in the and its presence is an enabler for scala- Chap Narith, 017 996 241 from wind and solar faces tremen- that can be easily shipped to demand- foreseeable future. ble RE such as solar and wind. Hun Channet, 017 578 768 dous challenges due to current prac- centres for use in many sectors. Currently green hydrogen produc- However, hydrogen supply costs are Prach Monnyreak, 012 123 7777 tices of system integration in ASEAN. Hydrogen is a potential game tion costs are still extremely high, but not competitive yet. Therefore, the Keo Puthy, 012 966 605 Investors in solar or wind farms will changer in efforts to decarbonise glo- have dropped dramatically from $10 leaders around the world will need to Phon Sok Chea, 012 717 404 face high risks from electricity curtail- bal emissions in all sectors. Other RE to $15 per kg in 2010 to $4 to $6 per provide clear policies for promoting Jessa Piastro, 092 445 983 ment if surplus electricity is not used. sources can be fully developed once kg in this year, according to UAE- hydrogen development and adoption. CIRCULATION & DISTRIBUTION Recently, many countries have hydrogen has been widely adopted. based International Renewable Ener- The right policies will enable econo- Acting Distribution Manager Thenh Rithy, 087 888 854 developed technologies for battery The more electricity produced from gy Agency (IRENA), and are expected mies of scale for hydrogen production Circulation Supervisor storage (lithium-ion batteries) to wind and solar, the higher the pene- to fall even further to $2 to $2.6 per that is cost competitive so that investors Nou Chanthy, 096 999 2828 handle surplus electricity production tration of renewables into the grid kg in 2030 which is competitive with will be more interested in electrolyser Yim Veasna, 015 814 499 from wind, solar, and hydropower which will create surplus power dur- standard hydrogen production. manufacturing, improvements in elec- ADMINISTRATION but battery storage remains costly. ing low demand periods. This surplus The upfront costs of green hydro- trolysis efficiency, operations and mainte- Admin & HR Manager However, hydrogen produced from gen, including electrolysers, transport nance, and the use of low-cost renewable can be used for hydrogen production. Pich Socheat THE JAKARTA POST/ASIA NEWS NETWORK electrolysis using surplus electricity However, hydrogen production is infrastructure and storage, plus the power. Assistants to Admin & HR Manager (including surplus electricity from fossil not free from challenges. varying costs of electricity tariffs, are Nhel Soaphea The author is a senior energy economist at ERIA. fuels that apply carbon capture, utilisa- Although hydrogen itself is clean key factors contributing to the high Financial Director Heang Tangmeng Chief Accountant Sren Vicheka Treasurers Sok Sophorn, Yon Sovannara, Cheam Sopheak, Huy Hamsovannary IT Manager Seng Nak, Vong Oun

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View of the Dalt Vila neighbourhood taken on July 31 in Ibiza. Famed for its clubbing culture and nightlife, A tourist stands at Playa d’en Bossa in Ibiza on July 30. Although the island’s towns and beaches are normally Ibiza must contend with the closure of its iconic dance clubs. afp crowded, neither the tourists nor the locals are unhappy about the atmosphere of unprecedented calm. afp Economic distress and surreal calm in Ibiza

N the largely-empty for one simple reason: 90 very few cases of infection. Famed for its clubbing cul- vies, 22, agreed. ers a rare moment of peace. beach at Figuere- per cent of the island’s GDP ture and nightlife, Ibiza must “The infection rate is way “You can hear people saying tas on Ibiza, social comes from tourism,” said Flurry of cancellations also contend with the clo- lower here,” she said. ‘I wish it would stay like this distancing isn’t Vicent Torres, head of the is- The effect was immediate. sure of its iconic dance clubs, forever’ because there’s no hardO to do. Here, bar terraces land’s governing council. “From the very first day, some of the most popular in Enjoying the peace overcrowding on the beaches are sparsely populated and In mid-June, the Balearic Is- customers were calling to the world, but shuttered to Although the island’s towns nor in restaurants, nor on the the shutters of apartments lands had high hopes of mak- cancel their reservations,” slow the spread of the virus. and beaches are normally roads,” said the 47-year-old, overlooking them are mostly ing the most of the summer said Lucas Prats, manager of The Spanish government, crowded, neither the tourists sitting inside his taxi. closed. when the archipelago wel- a four-star hotel in the centre which has denounced the nor the locals are unhappy “So you can enjoy the island With Spanish health au- comed the first foreign tour- of Ibiza town. British move as unfair, fought about the atmosphere of un- much more than in other thorities struggling to contain ists allowed into Spain after “For those who have to hard to obtain an exemption precedented calm. years even if it’s a major eco- rising coronavirus infections, the lockdown as part of a pilot work (when they go back to for travellers returning from “It’s quite nice, actually. nomic blow.” this island fears its tourist project with Germany. the UK), it’s a problem,” he the Balearic or Canary Is- We were walking down the Juan Jose Roig who lives in the season may have been dealt a And by July, the recovery acknowledged. lands. But London refused. streets and it was quieter,” highest part of the town, said final blow following Britain’s was well under way, “better “It has been a major blow,” If such an exemption “is not said Davies, after an evening he’s happy to be able to hear the decision to quarantine all ar- than we had expected,” said admitted Torres, pointing out agreed quickly, some busi- stroll through Ibiza town. cicadas around his house. rivals from Spain. Iago Negueruela, head of that British tourism accounts nesses and hotels will close “There are fewer tourists, “We have the island to our- But both the tourists who are tourism for the Balearic Isles’ for about 30 per cent of the is- down and it will be very diffi- parties, perhaps more fami- selves, and we’re enjoying it like here and the locals are enjoy- regional government. land’s visitors. cult for them to open again,” lies . . . you can feel the differ- we did 30 years ago,” the 53- ing a period of unprecedent- But Britain’s announcement “It is going to be very difficult said Torres. ence in the traffic when you’re year-old electrician told AFP. ed calm in Ibiza – one of the on July 25 that it would impose to come back from this because Louis Morgan, 23, who is going to the beach with the “There has to be a half-way Balearic Islands – which is nor- quarantine on anyone arriving the British tourists had just visiting from Wales for a few children, it’s quite noticeable,” point where people can eat mally overrun by clubbers and from Spain, given the increase started arriving and we were weeks, thinks that a quaran- said Swiss national Santi Soto, and work well, while also hav- DJs from across the globe. in cases, has threatened to confident this would get the tine requirement for those 47, who regularly visits with ing space. “The impact has been ter- wipe out the recovery. season going. But this decision coming from the Balearics her husband and two boys. “They will have to rethink rible. The pandemic has And the irony is that the has shattered all our expecta- “seems unreasonable”. For taxi driver Angel Torres, the tourist model a bit, it’s battered the local economy Balearic Islands have seen tions.” And his girlfriend Milly Da- the crisis has given the island- unavoidable.” afp Book that exposed French author to be made into film

A bestselling book that exposed the minors, claiming that at the time “no ting the shelves, French publishers acclaimed French writer Gabriel one ever said it was a crime”. began pulling his books from shops Matzneff as a paedophile is to be The scandal has shaken the French as Springora’s book began making adapted for the big screen, its pro- literary establishment, in which for headlines in January. ducers said Monday. years Matzneff occupied a privi- Matzneff denounced the “un- Publisher Vanessa Springora ignited a leged niche, winning the prestigious just and excessive attacks” on him, huge scandal in France earlier this year Renaudot prize in 2013. claiming that his relationship with with her memoir Consent, in which she Last week a deputy mayor of Paris Springora had been one of “beauty”. described how she was groomed by was forced to resign because of his But in her book, which quickly be- Matzneff when she was 14. links to the writer. came a bestseller, she wrote: “Aged Two other women have since The producers of the film said 14, you are not supposed to have come forward to say they too were it would be directed by the rising a 50-year-old man waiting for you abused by him as teenagers. French star, Vanessa Filho, whose when you leave school. Matzneff, who never made a se- debut film Angel Face premiered at “You are not supposed to live in a cret of his preference for sex with the Cannes film festival in 2018. hotel with him, or find yourself in adolescent girls and boys, is to stand She is also writing the script. his bed . . . when you should be hav- trial in September on a charge of ing your mid-afternoon snack.” promoting paedophilia. Blind eye Springora said Sunday that her Prosecutors have also launched a The Matzneff scandal was one of book had helped her “be honest with rape investigation into the diarist, the turning points in the #MeToo myself and take back my own story. long notorious for his 1974 defence movement in France, after decades “Consent helped me reinvent my- of paedophilia, Les Moins de Seize of people turning a blind eye to the self,” she told the JDD newspaper. Ans (The Under 16s). diarist’s behaviour despite his frank- “Today I feel that I have closed a Matzneff, now 83, told French ness about his private life. chapter [of my life] and I can move French writer Gabriel Matzneff never hid his preference for sex with adolescent girls television in January that he regret- Within months of the latest instal- on. But it will always be [a part of] and boys, and he will stand trial in September on a charge of promoting paedophilia. afp ted past trips to Asia to have sex with ment of his “intimate journals” hit- me,” she added. afp THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com Email: [email protected] Socialite 13 India marks international yoga day in Phnom Penh The Indian Embassy in Phnom Penh last Wednesday presented certificates to the winners of a number of competitions held in conjunction with the “6th International Day of Yoga”. Indian Ambassador to Cambodia HE Manika Jain honoured the winners at a special ceremony at the embassy. Yoga enthusiasts participated in various competitions, including an online video blogging contest on the theme “My Life My Yoga” and an online quiz, while the best photographs of various yoga postures were also rewarded. Both Cambodians and foreigners took part in the competitions. ean Rangsey H ean photos photos 14 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com Lifestyle Thinking caps

A critically endangered Sumatran Tiger cub at the Wroclaw Zoo in southeastern Poland. afp Study says habitat loss ‘driving mass extinction’ HE effects of shrink- plistic” and tended to draw on mally used to predict biodi- ing habitats on wild- land size and the number of versity loss. life are more profound species found in an area to es- These include restrictions to and wide ranging timate the immediate effects the movement and dispersal of thanT often assumed, a study of habitat loss, author Jona- wildlife populations, inbreeding published Wednesday found, than Chase, of the German and difficulty finding mates. as researchers warned that Centre for Integrative Biodi- The balance of species may many forecasts underestimate versity Research, told AFP. also change, with some able “GOOD TO GO” how many species are lost in “When we make these to adapt better than others in fragmented environments. ‘guesses’, we’re often quite fragmented areas. 52 Redo, as a room 18 Like some scholars Human activity is devour- wrong. And it’s these sorts of Across the world, the study ACROSS 56 Chow down 24 Do a pizzeria chore ing ever more of the natural guesses that we suggest un- found that the impact of hab- 1 Pre-delivery period 6 Beaver-built blockages 57 Impulse carrier 26 Auto protector world, destroying forests, derestimate how many spe- itat loss was often more acute 10 Fall on ___ ears 58 “American Dad!” org. 27 Retail center splintering habitats into iso- in places where it has hap- cies are lost when habitat is 14 Visibly astonished 60 “Can’t complain” 28 Field of expertise lated areas, while polluting lost [and how many are saved pened more recently, like in 15 To shelter, on waves 65 “Less Than ___” 29 Unpleasant to the touch land and sea. when habitat is saved or re- the Americas. 16 Wise about 66 Type of combat 30 Confrontational position This is driving the sixth stored],” he said. Areas fragmented more than 17 Words in a phrase after “ashes” 68 Precambrian and Paleozoic 31 Endow, as with a quality mass extinction event in the The study, published in Na- a hundred years ago – for ex- 19 Higher than 69 Obsessed with 35 In need of a rubdown last half-billion years – the ture, looked at a dataset of 123 ample in Europe – were found 20 Playground fixture 70 Inclined, in England 37 Lie adjacent to another last one wiped out land-based studies from habitats across to have less biodiversity loss, 21 They love pas 71 Eye-opening problem 38 Raise, as a question dinosaurs around 66 million the world, comparing large, but the report said this could 22 Beat badly 72 It’s right on an atlas? 39 Started a golf game years ago. intact areas – mainly forests – be due to the arrival of species 23 Peer group 73 Lessens a load 42 Trigonometry ratio While the link between habi- with smaller areas. that are more tolerant to these 25 Class within a class DOWN 45 Angler’s requirement tat loss and the sharp decline These covered “tropical environments to compensate 27 Chief artery 1 Fellas 49 Computer expert in life on Earth are well estab- rainforests surrounded by oil for the loss of other wildlife. 32 Old hand 2 Chills, fever and sweating 51 “Lawrence of Arabia” portrayer lished, German researchers palm to Israeli scrub habi- Chase said that while the 33 Chevron rival 3 Acid’s opposite 52 Brings down the house set out to try to quantify the tats surrounded by crops to extra effects of living in small- 34 En route, as a package 4 Chooses (to) 53 Put forth, as effort dynamics of species loss using islands in lakes that were cre- er habitats were usually as- 36 Adjust as you must 5 Direct-to-the-consumer 54 Brightly colored eel data from dozens of studies on ated by reservoirs when dams sumed to be small, the study 40 Albanian bucks 6 Mom’s mate 55 Woody vine 7 Reunion attendee environments across the world. were built”, Chase said. found they were in fact “pret- 41 Greek underworld 59 Bugs on a hill 43 Bassoon kin 8 Butte kin They found that smaller The studies looked at plants, ty large”. 61 “___-Team” (Mr. T’s old show) 44 Ply 9 Establishes habitats piled significant ex- birds, mammals, lizards, frogs “We need to do a better 62 Pasture sounds 46 Spice world? 10 A way to sell tra pressures on species that job of incorporating this sort 63 “Green Gables” girl and insects. 47 Yorkshire river 11 Accredited diplomat are often not included in es- of biological reality into our 64 Silent-spring causers Fragmented landscapes 48 Preschooler 12 Consumed with gusto 67 E, in Morse code timates of biodiversity loss, model forecasts,” he said, 50 Ushered 13 Loud, in music causing more extinctions than Researchers sought to as- adding this could help better would normally be predicted. sess the risks that species face assess the potential impact Friday’s solution Forecasting models cur- in reduced habitats that are both of habitat loss and of rently used were “highly sim- not included in models nor- conservation efforts. afp

Friday’s solution

This rhea (left) – a flightless bird native to South America – was released by the Reproduction Centre for the Conservation of the Rhea into the Aysen Region of the Chilean Patagonia in May. TOMPKINS CONSERVATION CHILE/AFP THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com 15 Sport

Belgian Wout Van Aert triumphed in the heat of an Italian summer as top-level cycling returned in Tuscany on Saturday after a five-month coronavirus break . afp Van Aert triumphs in Strade Bianche dust

ELGIAN Wout Van Aert tri- Schachmann, a further two seconds “Over the last two editions of year’s winner, also struggled with “I thought my race was over after umphed in the heat and adrift in third, after nearly five hours Strade Bianche, I gained a lot of con- the Deceuninck–Quick-Step rider 90km,” said the Dutch rider. dust of an Italian summer as in the saddle with temperatures hit- fidence,” he continued. trailing home quarter of an hour be- “Then the speed of my group went up top-level cycling returned ting the high 30s Celsius. “It’s never easy to win and it was hind the leaders. and I made my move during the second afterB a five-month absence at the “It’s really nice to say after the first harder than usual in today’s circum- Earlier in the day, Dutch rider An- to last gravel sector, heading uphill. Strade Bianche one-day classic race race back that my season is already stances. It makes the win even bet- nemiek van Vleuten won the wom- “I couldn’t see anything because of through Tuscany on Saturday. a success,” said Van Aert. ter. This is proof that I’m at the high- en’s race on the famous white dirt the dust, it was quite different from The Jumbo-Visma rider, who had “I didn’t want to waste any chanc- est level now. roads for the second year in a row. the racing conditions in March but finished third in the previous two edi- es. I really focused on this race and “To have won Strade Bianche at The 37-year-old Mitchelton-Scott still beautiful and super hard.” tions, attacked in the final 13km of the it paid off. the age of only 25, with a cyclocross rider crossed 22 seconds ahead of American Leah Thomas of Equipe 184km race, crossing the line alone on “It was a very hard edition of Strade background is a huge achievement.” Margarita Garcia Canellas of Ale Paule Ka was third at 1min 53sec in Siena’s historic Piazza del Campo. Bianche, especially at the beginning Vincenzo Nibali crashed with Peter BTC Ljubljana with the Spaniard the race which had originally been Italy’s Davide Formolo of UAE as it was quite difficult for me to ride Sagan also among the many riders having led for much of the 136km scheduled for March 7 but was post- Emirates was 30 seconds be- in a peloton after a long time away who failed to finish the gruelling race. race through the rolling hills and poned because of the coronavirus hind with Germany’s Maximilian from racing.” France’s Julian Alaphilippe, last white gravel roads of Tuscany. pandemic. AFP Juve crash in Serie A finale with a home loss to Roma JUVENTUS crashed to their ter his tired troops fell 2-0 to Danilo D’Ambrosio nodded second consecutive defeat as Cagliari during the week. in the first goal after just one the Serie A champions fin- Argentine Gonzalo Higuain minute with Ashley Young ished their season with a 3-1 spearheaded the Juventus at- doubling their lead after 20 home loss against Roma on tack and finished off anA drien minutes with a stunning curl- Saturday, days before their Rabiot cross after just six min- ing shot. Champions League campaign utes in the Allianz Stadium. Atlanta, who meet Paris resumes. But Diego Perotti inspired Saint-Germain in the Cham- Inter Milan took second a Roma fightback setting up pions League quarter-finals, place with a 2-0 win over di- Nikola Kalinic to nod in the finish in third place for their rect rivals Atalanta in Ber- equaliser after 23 minutes. second consecutive season. gamo, who fell to their first Perotti gave Roma the lead league defeat since January. from the penalty spot before Immobile matches record Juventus had already the break and six minutes Lazio finished fourth, equal wrapped up their ninth into the second half connect- on points with Atalanta, hav- straight league title and are ed with a Nicolo Zaniolo cross ing been pushing for the title looking towards their last 16 for his second of the night as just one point behind Juven- Juventus forward Gonzalo Higuain vies for the ball during the Serie A finale against Roma. AFP home game against Lyon next Juventus fell to their third de- tus when the season resumed Friday when Maurizio Sarri’s feat in four matches. on June 20. side need to overturn a 1-0 Inter Milan finish just one Simone Inzaghi’s side fell 36 goals, set while playing for second leg game over Bar- The season concludes on first-leg deficit. point behind the champions 3-1 to Napoli but forward Ciro Napoli in the 2015-16 season. celona with a win, but lost Sunday with Lecce and Genoa Cristiano Ronaldo was rest- after winning the three-team Immobile scored his 36th goal Immobile will also win the captain Lorenzo Insigne, who playing Parma and Hellas ed for the final match with race for second spot. of the season to equal the re- European Golden Shoe for scored on the night, to injury. Verona respectivel hoping nothing left to play for against Antonio Conte’s side ended cord for the most goals in a the continent’s top scorer this In the San Siro, Zlatan Ibra- to avoid joining Brescia and fifth-place Roma who are al- Atalanta’s 17-match unbeaten Serie A campaign. term, having overtaken Bayern himovic missed a penalty but SPAL down in Serie B. ready assured of the Europa run going back to January 20, The 30-year-old Italy inter- Munich striker Robert Lewan- scored his 10th league goal Genoa, in 17th, are just one- League group stage next term. to finish the season on a high national tapped in after 22 dowski’s tally of 34 in midweek. since January as AC Milan point ahead of Lecce, who Sarri had threatened to field before they play Getafe in the minutes to match Argentina Napoli warmed up for their finished with a 3-0 win over occupy the final relegation Juventus’s Under-23 team af- Europa League next week. forward Higuain’s record of Champions League last 16 Cagliari. berth. AFP 16 THE PHNOM PENH POST august 3, 2020 www.phnompenhpost.com Sport Chicago, Montreal surprise as NHL back

HICAGO and Mon- A dozen teams from each treal, with the fewest conference are in the play- wins of any Nation- offs, the top four season final Hockey League ishers in each city playing one playoffC teams, ignited the rink another to determine seeding return from a Covid-19 hiatus order for the first round of the with upset triumphs in Satur- playoffs. day openers. The other eight clubs in each NHL Rookie of the Year conference meet in qualify- candidate Dominik Kubalik ing best-of-five matchups to inspired the Chicago Black- decide the other four teams hawks to a 6-4 victory over who will reach the first round Edmonton in game one of of the best-of-seven playoffs. their best-of-five qualifying At Toronto, Montreal’s Car- series at Edmonton, scoring ey Price made 39 saves for two goals and assisting on the 12th-seeded Canadiens three others. to stun the fifth-seeded Pen- “We were ready to go and guins. I think the game was pretty Pittsburgh’s Conor Sheary good,” Kubalik said. “I felt missed wide left on a penalty pretty good and everything shot with 3:03 remaining in went my way, so it’s nice, but the third and Montreal’s Jona- it’s just the first game, so we’ve than Drouin missed a penalty got to keep going.” shot on a backhand at 6:46 of Montreal’s Jeff Petry scored overtime. with 6:03 remaining in over- At Edmonton, Jonathan time to give the Canadiens Toews scored twice for Chi- a 3-2 win over Pittsburgh in cago while Brandon Saad and their opener at Toronto after Dylan Strome added goals for each team had missed a late the 12th-seeded Blackhawks penalty shot. and Corey Crawford made 25 Other playoff games on the saves. first day of the NHL return “It just was not good from a March 12 coronavirus enough, all around,” Edmon- shutdown saw Carolina edge ton star Connor McDavid Chicago’s Dominik Kubalik (center) inspired his Blackhawks to a 6-4 victory over Edmonton in game one of their best-of-five qualifying series . afp the New York Rangers 3-2, the said. “Game one is important. New York Islanders beat Flor- We lost it. Nothing we can do defenseman Matt Dumba, on his shoulders. Slavin and Sebastian Aho for the New York Islanders ida 2-1 and Calgary defeat about it now. All we can do is who is Filipino-Canadian, “During this pandemic, each with a goal and an assist while Semyon Varlamov made Winnipeg 4-1. focus on game two. knelt on the ice during the something unexpected but for the Hurricanes in a hard- 27 saves in beating Florida. Edmonton is the Western “We did a better job as the US anthem after vowing the long overdue occurred: The hitting matchup. Calgary’s Johnny Gaudreau Conference hub city and game went on of keeping it Hockey Diversity Alliance world woke up to the exis- “There was a lot of pent-up equalized 7:06 into the sec- Toronto the Eastern Confer- simple. That’s what our team will fight for social justice and tence of systemic racism and energy from a lot of players,” ond period and the Flames ence hub city for quarantine needs to do, ultimately, is be against racism. how deeply rooted it is within Hurricanes forward Justin scored four unanswered goals bubbles being used to help simpler.” Blackhawks goalie Malcolm our society,” Dumba said. Williams said. “Months with- to down the Jets. safeguard NHL players from Subban and Oilers defense- “Racism is everywhere and out playing a meaningful “We had a pretty complete Covid-19, which halted the NHL fights racism man Darnell Nurse, who are we need to fight against it.” hockey game is tough.” game,” said Gaudreau. “We campaign with three weeks Before the Edmonton-Chi- black Canadians, stood be- Carolina won the first NHL Jean-Gabriel Pageau and worked hard in training camp remaining in the season. cago start, Minnesota Wild side him and put their hands game in 143 days, Jaccob Anthony Beauvillier scored and it showed.” AFP Lowry sparks Raptors over Lakers in conference duel

KYLE LOWRY scored 33 points and of the season, hitting 35.8 percent them down,” James said. “When you said. “We were out there doing too the floor, 9-of-12 from three-point grabbed 14 rebounds to lift the de- from the floor making just 29 of 82 make shots, it loosens up the de- much talking. We just wanted to range, and sank 4-of-4 from the free fending NBA champion Toronto shots. fense and we didn’t do that.” lock in and do our jobs.” throw line. Raptors over the Los Angeles Lakers “Against a couple of great guys, we The Lakers-Raptors matchup was The Los Angeles Clippers set a Victor Oladipo and Aaron Holiday 107-92 in a showdown of title con- came in wanting to play well and we the feature contest on the third day team record with 25 three-point each added 15 points for Indiana, tenders Saturday. did a good job,” Lowry said. of regular-season games in a bubble baskets in a 126-103 romp over the who improved to 40-26, a game Lakers star LeBron James scored James went 7-of-15 from the floor quarantine atmosphere at Walt Dis- New Orleans Pelicans. ahead of the Sixers. 20 points and pulled down 10 re- while his fellow starters combined ney World in Orlando, Florida, as Paul George scored 28 points and Cameroonian star big man Joel bounds while Anthony Davis added for a 5-of-24 shooting effort, their the NBA restarts after a four-month Kawhi Leonard, a key player in To- Embiid scored 41 points on 15-of-23 14 points, but the Lakers suffered combined 42 points a season low. Covid-19 shutdown. ronto’s 2019 title run before joining shooting and grabbed a game-high their worst shooting performance “We just have to step up and knock The Lakers, atop the Western LA, added 24 to lead the Clippers, 21 rebounds for the Sixers. Tobias Conference at 50-15, and Toronto, who improved to 45-21. Harris added 30 points and Aus- second in the Eastern Conference The Clippers seized a 77-45 half- tralian guard Ben Simmons had 19 at 47-18, are both preparing for the time lead and cruised after falling to points and 13 rebounds. playoff fight to come. the Lakers on Thursday. Jimmy Butler and Bam Adebayo “Time will tell,” James said. “We’ll “As a group, we thought we weren’t each scored 22 points and Kylly use these eight games to try and ourselves (against the Lakers),” said Olynyk added 20 off the bench to lead gear up for the post-season but it’s George. “We tried to get our identity the Miami Heat over Denver 125-105. going to take time. Every game is an back. We put the work in and it paid The Heat, 42-24, stayed two games opportunity for us to get better.” off in the end.” in front of Indiana at fourth in the Toronto took a 13-0 lead as the The Clippers hit 25-of-47 shots East while the Nuggets, led by 19 Lakers went 4:51 before scoring, but from three-point range, led by Paul points each from Nikola Jokic and the Lakers rallied within 23-21 after George’s 8-for-11 touch from be- reserve Jerami Grant, fell to 43-23 the first quarter. yond the arc, although he went but stayed third in the West. “They have a great defense,” Lak- 0-for-6 from two-point range. Oklahoma City pulled within a ers coach Frank Vogel said. “We did The Pelicans were led by reserve half-game of Utah for fourth in the some good things, just didn’t capi- Nickeil Alexander-Walker’s 15 points. West by thumping the Jazz 110-94. talize.” Rookie sensation Zion Williamson Utah (42-24) trailed 66-42 at half- A 22-3 spurt early in the third had seven points and five rebounds. time and never recovered. quarter pulled Toronto ahead 63- The Thunder (41-24) boasted six 50 and a 7-0 run with James on the Warren scores 53 double-figure scorers, led by Shai Lakers bench in the fourth quarter Indiana’s T.J. Warren scored 53 Gilgeous-Alexander with 19 points, sealed the victory. points in powering the Pacers over Chris Paul with 18 and New Zealand- Kyle Lowry scored 33 points and grabbed 14 rebounds to lift the defending champion “We just got aggressive, wanted to the Philadelphia 76ers 127-121. er Steven Adams, who had 16 points Toronto Raptors over the Los Angeles Lakers 107-92. pool/AFP go out there and get the win,” Lowry Warren hit 20-of-29 shots from and a game-high 11 rebounds. AFP