Oz aid cuts won’t touch Cambodia

Despite major foreign aid budget cuts at home, Australia had upped its assistance to Cambodia by about US$17.4 million for 2012-2013, the embassy here said yesterday. Australia would provide a total of $95.3 million in “official development assistance to Cambodia”, the embassy said in a statement. ...

http://www.phnompenhpost.com/index.php/2012051056091/National-news/oz-aid-cuts-wont-touch-cambodia.html

Australia Pledges $3M for Information Departments

The Australian government has pledged $3.02 million toward three provincial information departments, which it said would help “increase citizens’ ability to voice their opinions.” ...

Drug connection denied

Prime Minister Hun Sen’s nephew Hun To has emphatically denied all allegations published by Australian newspaper The Age about his involvement in a heroin-trafficking and money-laundering syndicate targeting Australia. Hun To, whose wife and children reside in Melbourne, Australia, told the Post yesterday that he plans ...

http://www.phnompenhpost.com/index.php/2012032755268/National-news/drug-connection-denied.html

Cambodia urges Australian to strengthen economic ties

Foreign Minister Hor Namhong told his Australian counterpart Bob Carr Monday that the two countries should strengthen their economic and business ties.

”Political and diplomatic relations between the two countries are good but economic and business relations should be equally good,” he said after the meeting. ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YTIyNzRhNDI4MjdkMWFlNjExYWE3OTkzODM3ZDM0

Australian FM hails Cambodia for rapid growth, political stability

Visiting Australian Foreign Minister Bob Carr on Monday praised Cambodia for its rapid economic growth in recent years and political stability. Bob Carr said that Australian Development Assistance Program has allocated 77 million U.S. dollars to Cambodia in 2011-2012, focusing on agriculture development, health, services, infrastructure ...

http://news.xinhuanet.com/english/world/2012-03/26/c_131490522.htm

ADB Won’t Pay to Finish Rail Project

Having already spent millions of dollars, the Asian Development Bank (ADB) will not foot the additional $70 to $90 million in funds still needed to complete more than half of Cambodia’s railway rehabilitation project, an official from the ADB said yesterday. Toll Royal Railways, a joint venture ...

Rail Project In Need of More Funds

The rehabilitation of Cambodia’s dilapidated railway network is nearly six months behind schedule, and with more than a year’s worth of work to do, the project is running out of money, a consultant for the Ministry of Public Works and Transport said yesterday. Paul Power, a ...

Toll trains said to stop March 31

Toll Group has informed the Cambodian government that it will suspend all railway operations and lay off half of its Cambodian staff at the end of the month, according to a source familiar with the situation. The Australian logistics firm, which in partnership with Royal Group ...

http://www.phnompenhpost.com/index.php/2012032055123/Business/toll-trains-said-to-stop-march-31.html

Toll Yet to Issue Statement On Railway Project Status

Several days after a report that Australian transportation company Toll Holdings would abandon its stake in a joint venture to operate Cambodia’s railway system, the company remained silent Friday on its future plans here. “Let’s wait for the truth rather than make assumptions,” he added. ...

Royal Group Denies Toll’s Exit From Local Railway Project

Royal Group chairman Kith Meng yesterday denied reports that Australian company Toll Holdings would be pulling out of a $140 million joint venture project to rehabilitate Cambodia’s railway system. Toll Holdings, in a joint venture with Royal Group, signed a 30-year contract with the government in ...

Toll Group alleged to be leaving rail project

Australian logistics company Toll Group is allegedly pulling out of its 30-year concession to operate the Kingdom’s national railway, according to the Sydney Morning Herald. Citing “reliable sources”, an SMH report said Toll would leave its US$145 million Toll Royal Railway joint venture with Cambodia’s Royal ...

http://www.phnompenhpost.com/index.php/2012031455012/Business/toll-group-alleged-to-be-leaving-rail-project.html

Bank and AusAid criticized for treatment of railway evictees

Bridges Across Borders Cambodia yesterday accused the Asian Development Bank (ADB) and the Australian Agency for International Development (AusAid) of white-washing conditions at relocation sites for families being evicted by a $142 million railway rehabilitation project being funded largely with their money ...

Bank Says No Railway Evictee To Be Left Behind

The Asian Development Bank announced yesterday that the organizations behind the rehabilitation of Cambodia’s railways, including the government and the Australian development agency, have jointly pledged to address the complaints of people facing eviction from dwellings across the rail lines. The Australian government provided ...

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