Central Bank to Shun Small US Banknotes
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R 3432 E MB U N SSUE I FRIDAY, MAY 29, 2020 Intelligent . In-depth . Independent www.phnompenhpost.com 4000 RIEL China and Central bank to shun India closer to ‘biggest’ NGO CALLS FOR small US banknotes showdown ACTION AGAINST May Kunmakara ers welcomed the move as an June 1 until August 31 to take about not accepting the effort to enhance monetary all those notes to the NBC smaller US banknotes. INDIAN and Chinese troops TOBACCO ADVERTS HE National Bank of policy by promoting local for transport abroad with- “The NBC will continue to remained engaged in an eye- Cambodia (NBC) is currency, the NBC stressed out a service fee. Financial discuss the issue with banks ball-to-eyeball situation in sev- AIMED AT YOUTH considering not that the measure is not aimed institutions will be charged and financial institutions as a eral disputed areas along the NATIONAL – page 3 accepting smaller at stopping the banknotes’ if they take the notes to the step to set a suitable timeframe Line of Actual Control (LAC) in Tdenominated US dollar ban- circulation in the market. NBC after the deadline,” it for completely not accepting Eastern Ladakh on Thursday, knotes – $1, $2 and $5 – from “The NBC is flooded with said in a statement. these banknotes,” it said. signalling that the confronta- banks and microfinance insti- US banknotes of $1, $2 and The central bank made PPCBank president Shin tion could become the biggest tutions (MFIs) which it said are $5, which means there is the announcement during Chang-moo told The Post on military face-off after the Dok- flooding its stockpile as the little demand. a meeting with banks and Thursday that the move will lam episode in 2017. demand for those notes is low. “We will give banks [and MFIs on Thursday to study Ladakh is a union territory, While some banking insid- MFIs] three months starting the issue and collect input CONTINUED – page 7 administered by the Indian government. Top military sources said India has further increased its strength in Pangong Tso and Galwan Valley – the two con- tentious areas where sources LOCAL TELECOM say the Chinese army has deployed around 2,000 to 2,500 FIRMS TOLD TO troops and gradually enhanced temporary infrastructure. IMPROVE MOBILE, “The strength of the Indian Army in the area is much bet- INTERNET SERVICE ter than our adversary,” said a BUSINESS – page 6 top military official on the condition of anonymity. The biggest concern for Indi- an military has been the pres- ence of Chinese troops around several key points, including Indian Post KM120 along the Darbuk-Shayok-Daulat Beg Oldie road in Galwan Valley. “It is serious. It is not a nor- mal kind of transgression,” former Northern Army Com- mander Lieutenant Geneneral (Retired) DS Hooda told Press VIETNAM MULLS Trust of India. He particularly emphasised EVEN TOUGHER that Chinese transgression into areas like Galwan is worrying SENTENCES FOR as there is no dispute between the two sides in the area. CHILD ABUSERS Strategic Affairs expert and WORLD – PAGE 12 former Indian Ambassador to China Ashok K Kantha too Rampage agreed with Hooda. “There Swarms of locusts are seen atop a building in Jaipur in the Indian state of Rajasthan. Authorities are combating desert locusts have been multiple incursions that are rampaging across parts of western and central India in the nation’s worst pest infestation in nearly three decades. AFP STORY > 11 [by Chinese troops]. This is something which causes con- cern. It is not a routine stand- off. This is a disturbing situa- tion,” said Kantha. PM lauded in Covid-19 fight Sources said diplomatic efforts must be ramped up to resolve the escalating tension Khorn Savi In his letter made public by recently launched Covid-19 Tedros also expressed his between the two armies, and the Ministry of Foreign Affairs Global Strategic Prepared- support for the political lead- that both sides are eyeball-to- FASHIONISTAS WORLD Health Organisation and International Cooperation ness and Response Plan. ership and personal engage- eyeball in several areas includ- (WHO) director-general on Thursday, Tedros thanked “I seize this opportunity to ment and role of Hun Sen, ing Pangong Tso, Demchok REBEL AGAINST Tedros Adhanom Ghebreye- Hun Sen for his commitment commend the efforts of your saying that WHO at the glo- and Daulat Beg Oldie. sus sent a letter to Prime to global efforts in mitigating government to contain the bal, regional and country On Wednesday, US President ‘WASTEFUL’ AND Minister Hun Sen thanking the Covid-19 impact. pandemic. A special appre- levels stood ready to contin- Donald Trump tweeted: “We him for following the WHO’s “I have the honour to ciation also goes to the pub- ue to work with Cambodia, have informed both India and BUSY CALENDAR guidance and commending thank the government of lic health workers on the and partners at large in the China that the US is ready, Cambodia’s efforts in the Cambodia for taking acute frontlines of this fight LIFESTYLE – page 14 fight against Covid-19. action to operationalise the against Covid-19,” he said. CONTINUED – page 2 CONTINUED – page 11 one month’s free VIP subscrIPTION Aviation industry Don’t miss our hovers, airlines Special Report Inside page 8-9 FOR THE FIRST 1,000 PHNOM PENH POST recoil with Covid READERS WHO REGISTER! 2 THE PHNOM PENH POST may 29, 2020 WWW.phnompenhpost.COM National ‘Be vigilant to PM marks Int’l Children Day with prevent virus call for improvements in welfare second wave’ Niem Chheng Continued from page 1 RIME Minister Hun Sen has fight against the common threat issued a six-point message posed by Covid-19. on the occasion of the 71st The highly contagious disease has anniversary of International spread to 217 countries across the world, PChildren’s Day on June 1, Cambo- infecting more than 5.7 million people dian Children’s Day, also on June and claiming over 356,000 lives. 1 and the 19th anniversary of the Cambodia first detected the disease World Day Against Child Labour on in February and has so far reported June 12. 124 cases. Among them, 122 have In a letter dated May 26, he said been discharged from hospital. The while the country usually celebrates Kingdom has not recorded a single these days, the outbreak of Covid-19 death. The Ministry of Health said will prevent any celebrations this most of the cases were imported. year, although the days will still be The latest cases were found last week recognised. in a 26-year-old Cambodian man, who In his message, Hun Sen said travelled from the Philippines, and a Covid-19 has claimed lives, includ- 39-year-old Cambodian woman who ing those of women and children, tested positive after a trip to New York but Cambodia has yet to see any City, one of the US’ Covid-19 hotspots. deaths from the disease. Both returned to the Kingdom Covid-19 has particularly affected through connecting flights in South children, especially those in poverty Korea. because access to education and Through his official Facebook page friendships has dwindled. on Thursday, Hun Sen repeated his call To contribute to the anniversary for the public to remain vigilant against of the three most important days for a second wave of infections. He said children, he called on the relevant Cambodia has not been complacent ministries to implement measures despite the relatively low number of to prevent the spread of Covid-19 to infections and zero death. children everywhere. He urged people to maintain good The prime minister said the rel- hygiene practices, social distancing evant ministries should make ev- and follow other WHO and health ery effort to ensure that all children ministry guidelines. have equal access to education, “Until now, we do not have a Covid- sanitation and clean water during 19 vaccine. So [people] must wear the Covid-19 pandemic. facemasks and wash hands regularly “All measures put forward by min- with alcohol or gel to kill the virus. istries and relevant institutions to “Cover your mouths with scarves or prevent the Covid-19 pandemic facemasks and use your elbow when must take into account the interests coughing or sneezing, especially in of children, especially those in al- In his message, Prime Minister Hun Sen urged relevant institutions to make every effort to ensure that all children have equal ac- crowded places such as markets, res- ternative care and children living in cess to education, sanitation and clean water during the Covid-19 pandemic. AFP taurants and workplaces,” he said. detention facilities. To prevent a second wave of infec- “We must pay more attention to encourage them to report abuse to lic and private television stations, sexual abuse of children remains tions, the government has ordered all the mental and physical health of adults and the authorities. radio stations and social media an issue,” Sam Ath said. passengers arriving from abroad to children directly or indirectly affect- He urged the relevant institutions outlets to promote the protection He called on relevant ministries be taken to waiting centres upon ed by Covid-19 and we must allow to implement the core measures of of children from violence and child to prevent child abuse, child labour departing an aircraft. them to participate in decisions that international organisations on the labour, and have programmes for and physical and mental abuse of They will also have their samples tak- affect their lives,” Hun Sen said. elimination of child labour, and children to prevent and stop them children. en for testing and wait for results from The Prime Minister also urged raise awareness and train and dis- becoming victims.