Aid and development
Bilateral development assistance
Ambassador Reiterates S China Sea Stance
Chinese Ambassador Pan Guangxue yesterday said that China opposes the contentious issue of the South China Sea being discussed by countries that are not directly involved in the regional maritime dispute. Speaking at a news conference at the Chinese Embassy to discuss Chinese President Hu Jintao’s ...
Namhong Says S China Sea a Regional Issue
Foreign Affairs Minister Hor Namhong said yesterday that the contentious issue of the South China Sea should not become an international issue, but must be solved among the region’s neighbors. Speaking to reporters at the Foreign Affairs Ministry alongside visiting Australian Foreign Affairs Minister Bob Carr, ...
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
EU assists land reform
The European Union had provided more than US$265,000 to a land reform project that aimed to shift political will and opinion towards land and human rights in Cambodia, development partners said yesterday. The Cambodian Centre for Human Rights will spearhead the Cambodian Land Law Reform Project, ...
http://www.phnompenhpost.com/index.php/2012032655241/National-news/land-reform-gets-eu-assist.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. ...
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
South China Sea Will Not Surface at Asean
Cambodia, in its role as Asean chair, has decided that the thorny issue of the South China Sea will not be on the agenda at next month’s Asean Summit in Phnom Penh, CPP lawmaker Cheam Yeap announced yesterday. “Cambodia is a neutral country, and based on ...
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 ...
Japanese aid tabbed for health, roadwork
In a ceremony at the Ministry of Foreign Affairs and International Cooperation yesterday, the Japanese government officially granted aid of 974 million yen (about US$12.2 million) to the Cambodian government. The Honorable Masafumi Kuroki, Japanese ambassador to Cambodia, said his country had made the donation to ...
Gov’t Reveals Chinese, Korean Railway Plans
The Chinese and South Korean governments have been granted permission to build 565 km of new railroad in Cambodia and have already conducted feasibility studies, according to a government report released yesterday. In its annual report, the Ministry of Public Works and Transport said that plans ...
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 ...
China to continue helping Cambodia with infrastructure
China will continue to help Cambodia with its infrastructure and raise living standard of its people, said Pan Guangxue, Chinese ambassador to Cambodia here Monday. Speaking at the inauguration ceremony of Cambodia’s 57 national road Battambang-Pailing section in Battambang, Pan said “The completion of the road ...
http://www.chinadaily.com.cn/bizchina/2012-03/13/content_14820472.htm
China donates equipment to Cambodia for 2012 ASEAN meetings
The government of China on Monday delivered office supplies and equipment worth $403,000 to Cambodia in order to ease the country’s burden when it hosts the ASEAN summit and related Summits this year. The office supplies and equipment included 200 sets of desktops, 60 sets of ...
http://www.philstar.com/Article.aspx?articleId=781793&publicationSubCategoryId=200
Cambodia, China willing to further enhance cooperation in all fields: officials
Cambodia and China are willing to further promote bilateral cooperation in all fields in the framework of ASEAN-China relations, officials said Monday. The commitment was made during the official visit of Ma Mingqiang, secretary general of ASEAN-China Center, to Cambodia. In a meeting with Cambodia’s Minister ...
Good ties boost investment, trade, tourism between Cambodia, China
The bilateral relations between Cambodia and China in terms of investment, trade and tourism have become stronger in the past year thanks to the two countries’ good relations, said officials Friday. Cambodia attracted China’s investments of 1.19 billion U.S. dollars in 2011, up 71 percent from ...
http://news.xinhuanet.com/english/china/2012-02/17/c_131416641.htm
Obama, Clinton visits set
In a sign of “improving” relations between Cambodia and the United States, the Kingdom will host US President Barack Obama and Secretary of State Hillary Clinton this year, officials confirmed yesterday. The visit would be the first by a sitting US president. Joseph Yun, the US ...
http://www.phnompenhpost.com/index.php/2012011753979/National-news/obama-clinton-visits-set.html
China's Xinwei becomes country's 10th mobile operator
The government has granted China’s Xinwei Telecom a license to become the country’s tenth mobile phone operator and the second firm to roll out so-called 4G technology, the fastest and most advanced network currently available on the market. Those in the telecommunications industry said that the ...
China firm plans bauxite processing plant in Kratie
China’s Erdos Hongjun planned to build a bauxite processing plant in Kratie province as part of the company’s US$1.5 billion venture in the Kingdom’s northeast, provincial officials said yesterday. The plant would serve Erdos’s mine in neighbouring Mondulkiri, an exploration licence for which was granted by ...
Kingdom's exports jump 44%
Cambodia’s total exports rose more than 40 per cent year-on-year through October, carried by strong growth in agriculture shipments. Total exports reached US$4.05 billion in the first 10 months of 2011 compared with $2.82 billion during the same period last year, an increase of 44 per ...
http://www.phnompenhpost.com/index.php/2011112552966/Business/kingdoms-exports-jump-44.html
Australian grant to assist railway families
The Australian government is committing $1 million to help families being forced out of their homes to make way for a railway rehabilitation project it is co-funding with the government and the Asian Development Bank (ADB), the Australian Embassy said in a statement Friday. The embassy ...