City land prices stay stable
Land prices in central Phnom Penh’s Tonle Bassac and Boeung Keng Kang (BKK) districts remained stable in the first half of the year due to overdevelopment and a slowdown in new investments, according to research by a local real estate agent. ...
Sum Manet
http://www.khmertimeskh.com/news/27268/city-land-prices-stay-stable/
Rally to push climate issue ahead of COP 21
On the eve of the UN Climate Talks in Paris (COP 21), several hundred people are expected to attend “Together for Climate”, a rally coordinated by the Cambodia Climate Change Network (CCCN), on Sunday at the Cambodia-Japan Cooperation Centre at Royal University of Phnom Penh. ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/rally-push-climate-issue-ahead-cop-21
Joint statement between the Kingdom of Cambodia and the People’s Republic of China
At the invitation of H.E. Mr. Premier Li Keqiang of State Council of the People’s Republic of China, Prime Minister Hun Sen paid an official visit to People’s Republic of China from 13 to 17 May 2017. During the visit, Prime Minister Hun Sen also ...
Ministry of Foreign Affairs and International Cooperation
The week at CSX
The price of Phnom Penh Water Supply Authority (PPWSA) stock varied only slightly between June 14 to June 21-hovering between KHR 6,600 (US$1.62) and KHR 6,700 (US$1.64). The relative stability tells investors that the stock is approaching its fundamental price, which experts say is between KHR 4,050 (US$0.99) and KHR 6,350 (US$1.56). ...
South Korea lends $52.2M for road renovation
South Korea has loaned Cambodia $52.54 million to renovate the 63.5km-long National Road 21, which connects the provinces of Kandal and Svay Rieng, according to a statement yesterday by the Ministry of Finance ...
Tourism still invigorating Siem Reap property market
Land prices in Siem Reap town are continuing to climb due the province’s robust tourism industry, realtors say. ...
Sum Manet
http://www.khmertimeskh.com/news/19951/tourism-still-invigorating-siem-reap-property-market/
ASEAN economic ministers expect stronger growth in 2015
The ministers expect ASEAN’s economy to improve in 2015 to 5.1% – above the 3.5% global growth projection – based on the stronger demand in advanced economies, energised by the robust US recovery and several policy stimulus measures in the Eurozone and Japan. ...
Channel News Asia News Staff
http://www.channelnewsasia.com/news/business/asean-economic-ministers/1687244.html
Government approves plan to relocate Phnom Penh’s airport
The government has signed off on a proposal to build a new airport to serve Phnom Penh and has earmarked land in Kandal province for the $1.5 billion project. ...
Siv Meng and Moeun Nhean
http://www.phnompenhpost.com/supplements-post-property/government-approves-plan-relocate-phnom-penhs-airport
Cambodia vows to contribute to China's "One Belt, One Road" initiatives
Cambodia, along with other ASEAN members, will make joint efforts to create an upgraded China-ASEAN Free Trade Area and contribute to the building of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, said a senior Cambodian official at the First ASEAN ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-12/13/c_133852295.htm
China to finance broadband network construction in Cambodia
The Export and Import Bank of China has agreed to lend Cambodia 50 million U.S. dollars to finance a national broadband network project, the bank’s Zhejiang branch, in east China, announced Friday. ...
Ecns.cn News Staff
http://www.opendevelopmentcambodia.net/wp-admin/post-new.php?post_type=news
City Starts Building Road Near Boeng Kak Lake
The Phnom Penh Municipality has begun construction work on a road skirting the area formerly taken up by the Boeng Kak lake, according to a statement posted on the city’s website. On Monday, the municipality held an inauguration ceremony for construction of a 615-meter concrete road ...
Cambodia says China-proposed "maritime silk road" to benefit ASEAN
The China-proposed “21st Century Maritime Silk Road” will benefit the Southeast Asian nations in term of economy, a senior Cambodian official said Tuesday. ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-09/16/c_133647940.htm
Korean firm violated its contract: Minister
Sun Chanthol, the Minister of Public Works and Transport, said last week that Hanshin Engineering and Construction Company, a Korean firm that won the contract to improve National Road 21, violated the contract with the government by hiring a subcontractor to do the job. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/27873/korean-firm-violated--its-contract--minister/
Cambodian scholars hail China's contribution to Silk Road Fund
Cambodian scholars have voiced their support to Chinese President Xi Jinping for his announcement of China’s contribution of 40 billion U.S. dollars for the establishment of a Silk Road Fund, saying that such a fund is vital for developing countries. Chheang Vannarith, senior researcher of ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/china/2014-11/10/c_133778379.htm
Capital shortage main obstacle for Cambodia in connectivity development: official
A lack of capital is the main obstacle for Cambodia to expedite connectivity development and the Southeast Asian country hopes that the Asian Infrastructure Investment Bank (AIIB) and the Silk Road Fund will fill the shortage, a spokesman said. ...
The Cambodia Herald News Staff
http://bit.ly/1HSN1UT
Two Men Arrested After 1 Ton Of Rosewood Seized
Two men were arrested yesterday and more than 1 ton of rosewood was confiscated after the car they were using to transport the illegally logged luxury wood smashed through a police barricade in Kandal province, officials said. Deputy Kandal provincial police chief Sao Sothun said that ...
Ministry scolds South Korean firm
Sun Chanthol, senior minister and minister of Public Works and Transport, met with the president of Dansan Consultants on Friday to talk about the lack of safety signs on a construction site on National Road 21 that allegedly caused two deaths in a traffic accident. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/28162/ministry-scolds-south-korean-firm/
KR Bank Official Quizzed Over Disappearances
On his second day of questioning by prosecutors at the Khmer Rouge tribunal yesterday, the deputy director of the foreign commerce bank during the Pol Pot regime, Sar Kim Lomouth, said he feared for his safety following the purging of several superiors at the Ministry ...
Koh Thom Bridge construction launched
A ground breaking ceremony of the $19.39 million, Koh Thom Bridge, has been launched Monday. The 407 meter bridge will be built over the, Tonle Bassac River, linking National Road 110 in the village of Prek Thmey, Chroy Takeo commune and National Road 21 in ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YjY1MTY0ZWI3ZjE
Factory pay protest continues
Workers at the shuttered Yung Wah I and II factories in Kandal province will continue protesting today, despite the government already agreeing to pay them using company funds. Worker Soy Sokchea said yesterday that he and his colleagues would keep demanding benefits and seniority bonuses. ...
http://www.phnompenhpost.com/2013021861414/National/factory-pay-protest-continues.html