Aid and development
Bilateral development assistance
International Donors Call for Redesign of Sesan 2 Hydro Dam
International donors, including the U.S., Australia, the European Union and the World Bank, have urged the Cambodian government to redesign a massive hydropower project in Stung Treng province that environmentalists say will deplete fisheries and submit it to the Mekong River Commission (MRC) for consultation. In ...
http://www.cambodiadaily.com/news/international-donors-call-for-redesign-of-sesan-2-hydro-dam-33311/
EU Draft Memo Defended Voter List Margin of Error
Audits of the voter list which claimed that up to 1 million people could lose their right to vote in the July 28 national election were attributed to an “unavoidable margin of error” due to many citizens not having national identity cards or a permanent ...
http://www.cambodiadaily.com/elections/eu-draft-memo-defended-voter-list-margin-of-error-32909/
China to help conserve Cambodia's Angkor World Heritage Site
Cambodia’s Apsara Authority and China Civil Engineering Construction Corporation on Thursday signed a Memorandum of Understanding (MoU) on the project of sustainable management of the existing resources for conservation and sustainable development in Angkor World Heritage Site and Siem Reap region. The deal was inked between ...
http://news.xinhuanet.com/english/china/2013-06/27/c_132492881.htm
Airline will offer more China trips
Cambodia Angkor Air plans to launch chartered flights between Siem Reap and the southeastern coastal Chinese city of Xiamen next month. The national flag carrier plans to take off for China for the first time on July 11, CAA Chairman Tek Reth Samrach said yesterday, the ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062566453/Business/airline-will-offer-more-china-trips.html
Hun Sen Mocks Opposition Request for Donors to Freeze Aid
Prime Minister Hun Sen on Saturday rebuked the opposition for urging foreign donors to refrain from signing any new agreements with the government until after the election and boasted of a new $26 million handed over last week by the European Union (E.U.) E.U. Ambassador ...
http://www.cambodiadaily.com/news/hun-sen-mocks-opposition-request-for-donors-to-freeze-aid-31547/
Cambodia eyes to become region's prominent gems, jewelry market
Cambodia has eyed to become a precious stone and jewelry hub in Southeast Asia region in the near future, Minister of Commerce Cham Prasidh said Thursday. Speaking at the opening of the 5th international gems and jewelry fair here, the minister said that with the fast ...
http://news.xinhuanet.com/english/business/2013-06/13/c_132452793.htm
Cambodia, China's Guangxi pledge to broaden cooperation
Cambodia and China’s Guangxi Zhuang Autonomous Region on Thursday vowed to further enhance cooperation in trade, investment, and tourism for mutual benefits. The commitment was made during a meeting between Cambodian Prime Minister Hun Sen and Peng Qinghua, secretary of Guangxi Zhuang Autonomous Region’s CPC Committee, ...
http://news.xinhuanet.com/english/china/2013-06/13/c_132453081.htm
Japan provides 36 mln USD grant aid to Cambodia for clean water, education
The government of Japan on Wednesday signed to provide a grant aid of 36 million U.S. dollars to Cambodia for a clean water project and a human resource development project. According to a press statement, the amount of 33.4 million U.S. dollars goes for the ...
Xinhuanet Staff
http://news.xinhuanet.com/english/business/2013-06/05/c_132432490.htm
Families Left Worse off After Railway Project
Phnom Penh families being pushed to the city’s outskirts to make way for a $142.6 million railway renovation project funded by Australia and the Asian Development Bank (ADB) are falling into debt and finding it harder to earn money and access healthcare according to a ...
Cambodian PM inaugurates 90 mln USD water treatment plant in capital
Cambodian Prime Minister Hun Sen on Tuesday inaugurated a new water treatment plant in eastern part of capital Phnom Penh, saying that the plant would meet the rising demand of clean water in the city. The 90 million U.S. dollar plant was invested by the listed ...
http://news.xinhuanet.com/english/world/2013-06/04/c_132430033.htm
As Foreign Aid Increases, Questions About Conditions
Cambodia has seen huge growth of foreign aid and loans over the past two decades, but experts are beginning to question its worth—and what conditions might be attached. Total aid from 1993 to 2012 amounts to around $10 billion, with the percentage of aid coming as ...
http://www.voacambodia.com/content/as-foreign-aid-increases-questions-about-conditions/1664821.html
Cambodia launches cassava development project under China, UNDP support
Cambodia launched Tuesday the second phase of cassava development project under the support of China and the United Nations Development Program (UNDP). Cambodia and China signed a Protocol on the Exports of Cambodian Cassava to Chinese Market in December 2010, under which China allowed Cambodia ...
http://news.xinhuanet.com/english/china/2013-05/21/c_132397799.htm
Trade Deal Threat Still On Table
The European union’s executive arm has responded to its parliamentarians’ concerns over rights abuses stemming from Cambodia’s economic land concessions, maintaining that, should the need arise, it “will be ready” to withdraw from its preferential trade agreements with the Kingdom. In a joint letter to concerned ...
http://www.phnompenhpost.com/2013052065716/National/trade-deal-threat-still-on-table.html
EU Won’t Investigate Land Concessions—for Now
The trade commissioner and foreign affairs representative of the European Union (E.U.) have turned down a request from 13 members of the European Parliament that they immediately investigate Cambodia’s much criticized economic land concessions, but said they were monitoring the issue closely. In a March letter ...
http://www.cambodiadaily.com/news/eu-wont-investigate-land-concessions-for-now-25194/
Australia Ups Aid Funding
Australia announced yesterday that it will increase the amount of aid it provides Cambodia by about US$13 million (A$13.2 million) in the coming year, putting the country’s official development assistance at $96.1 million. ...
http://www.phnompenhpost.com/2013051765681/National/australia-ups-aid-funding.html
Cambodian Parliament Ratifies ASEAN-China Maritime Transport Agreement
The National Assembly of Cambodia on Friday ratified the agreement on maritime transport between the Association of Southeast Asian Nations (ASEAN) and China, saying the agreement is essential to develop trade and economic ties between ASEAN and China. “The agreement aims to facilitate and foster ...
http://news.xinhuanet.com/english/china/2013-05/10/c_132372924.htm
China's aid vital to Cambodia: finance minister
China’s assistance to Cambodia is very important for the country’s economic and social development, Cambodian Deputy Prime Minister and Finance Minister Keat Chhon said Tuesday. He said from 1992 to present, China has provided 2.7 billion U. S. dollars in soft loans and grants to ...
Engineers Hold Labor Day Protest Against Paying Income Tax
More than 50 engineers employed by Japan’s Sumitomo Mitsui Construction Co. Ltd. to work on a new Neak Loueng Bridge in Kandal province protested on Wednesday over paying income tax of 10 percent and are threatening to go on strike again if their employer dose ...
Japan lends Cambodia 90 mln USD for road improvement project
Japan agreed Tuesday to provide a loan package of 90 million U.S. dollars to Cambodia for the improvement of a stretch of the national road No. 5 and two bypasses in northwestern provinces, according to a statement from Japanese Embassy to Cambodia. The statement said ...
http://search.news.cn/language/search.jspa?id=en&t=1&t1=0&ss=&ct=&n1=cambodia&x=-495&y=-54
New Kampot Salt Farm Has Big Ambitions
TOEK CHHOU DISTRICT, Kampot province – A donor-backed project launched here on Saturday aims to produce Cambodia’s first export-quality sea salt and invigorate the struggling local salt industry. In a ceremony among Kampot’s vast fields of coastal saltpans and low levees, company representatives from Asia Salt ...
http://www.cambodiadaily.com/business/new-kampot-salt-farm-has-big-ambitions-20505/
Bank of China to raise business operations in Cambodia: deputy-governor
The Bank of China is going to expand its business operations in Cambodia after it was launched here two years ago and seen rapid business growth, Zhu Shuming, visiting deputy governor of Bank of China, said Friday. Speaking at a meeting with Chea Chanto, governor of ...
Cambodia’s Conglomerate in talks to buy communications satellite from China
Cambodia’s Royal Group of Companies is in negotiations to purchase a satellite from China Aerospace Science and Technology Corporation for its telecoms operations in Cambodia, Cambodian Minister of Commerce Cham Prasidh said Wednesday. Tycoon Kith Meng currently owns the kingdom’s largest mobile phone operator, Mobitel. ...
China pledges $548 million in aid to ally Cambodia
China has pledged another $548 million in aid to Cambodia for infrastructure and irrigation systems, extending assistance that some critics say has bought it Cambodia’s diplomatic support. Agreements covering $500 million in soft loans and $48 million in grants were signed when Prime Minister Hun ...
http://www.reuters.com/article/2013/04/10/us-cambodia-china-idUSBRE93909D20130410
Duty-Free Sugar Exports to EU Hit $13 Million
The European Union (E.U.) last year continued to import millions of dollars worth of duty-free sugar from Cambodian plantations that have forced hundreds of families off their land despite calls from European lawmakers for the trade benefits to end, according to the latest E.U. data. Thailand’s ...
http://www.cambodiadaily.com/news/duty-free-sugar-exports-to-eu-hit-13-million-18114/