News
Worse than Potholes, Street 63 Roadwork Hurts City’s Image
Skyscrapers, supermarkets and high-end clothing stores along Sihanouk Boulevard may reflect the increasingly affluent side of Phnom Penh, but turning down busy Street 63 toward Central Market the scene is more warzone than Asean capital, with air thick with dust and the road peppered with ...
http://www.cambodiadaily.com/news/worse-than-potholes-street-63-roadwork-hurts-citys-image-28799/
NagaCorp rolls dice on $15 million VIP terminal
A private VIP terminal costing $15 million is being planned at Phnom Penh International Airport by NagaCorp, which hopes that once it is ready – likely by early next year – high-rollers would flock to its casino and double their spending to $8 billion. NagaWorld, the ...
Sea tourism along coast needs infrastructure, investors
Plans to create a tourist circuit encompassing coastal areas of Vietnam, Cambodia, and Thailand could be delayed as infrastructure is not yet in place and authorities cannot find investors. The sea route from the Mekong River Delta province of Kien Giang to Sihanoukville in Cambodia and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=OTEzNTNmYzMyZDI
Cambodia: A rising star with a falling reputation?
Cambodia’s reputation as a standard-bearer for apparel workers’ rights is wearing thin – and yet the country is a rising star when it comes to attracting foreign investment and increasing exports. There are many reasons to deter brands and retailers from sourcing clothing in Cambodia. The Kingdom ...
http://www.just-style.com/analysis/a-rising-star-with-a-falling-reputation_id117944.aspx
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
Work underway on 'catastrophic' Cambodian dam
Srekor village has stood on the banks of the Se San River in northeastern Cambodia for generations. In a few years it will be gone, submerged along with more than 300 square kilometres of surrounding farmland and forest. For 37-year-old rice farmer Pa Tou, the ...
http://www.dw.de/work-underway-on-catastrophic-cambodian-dam/a-16803423
As Phnom Penh Grows, So Does Its Sewage Problem
Since 1998, Phnom Penh’s population has doubled to more than 2 million. High-rise buildings have popped up in the city’s center and housing developments have been hastily erected. Yet the city’s antiquated, decades-old drainage system has undergone little improvement in that time and experts say the ...
Cambodian PM to visit Macau in September
Cambodian Prime Minister Hun Sen will visit Macau in September to participate in the Second Global Tourism Economy Forum. Prime Minister Hun Sen called for more investment in the country by Chinese and Macau entrepreneurs, and direct flights between Cambodia and Macau. According to Xinhua, the ...
http://www.macaudailytimes.com.mo/macau/43622-cambodian-pm-to-visit-macau-in-september.html
Cambodia’s Economic Opportunity
While significant obstacles remain, the success of the rice sector is a potentially crucial driver in Cambodia’s prosperous and equitable development. Cambodia announced two major bilateral trade agreements recently, with the Philippines and Thailand, that are expected to further expand the country’s rice export sector. ...
http://thediplomat.com/2013/05/09/cambodias-economic-opportunity/
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 ...
Phnom Penh Governor Leaves Behind Mixed Legacy
During his speech last week at the swearing-in ceremony of Phnom Penh’s new governor, Pa Socheatvong, Interior Minister Sar Kheng noted that managing Cambodia’s capital is by no means an easy task. While critics of [former Phnom Penh governor] Mr. [Kep] Chuktema note his failure ...
http://www.cambodiadaily.com/news/phnom-penh-governor-leaves-behind-mixed-legacy-22697/
Cambodia gets rolling
The small but sleek Angkor Car can easily navigate the narrow streets of Cambodia, while with an electric engine saves on expensive fuel costs. It may cost $10,000 per vehicle, a bit steep for most local people, but the vehicle is a welcome testimony to ...
http://www.bangkokpost.com/business/marketing/348783/cambodia-gets-rolling
New Governor Promises to Solve Land Disputes
Phnom Penh’s new governor used his swearing in ceremony to Friday to boldly vow to solve some of the municipality’s longest-running and most high-emotive land disputes. Pa Socheatvong officially took over on Friday from outgoing governor Kep Chuktema, who served as the city’s chief for 10 ...
http://www.cambodiadaily.com/news/new-governor-promises-to-solve-land-disputes-21897/
World Bank upgrades Cambodia's growth forecast for this year
The World Bank upgraded Monday its GDP growth forecast for Cambodia to 7.0 percent for this year, up 0.3 of a percentage point from its last projection in December. “In Cambodia, a likely stabilization in high-income country conditions should support further improvements in garment production and ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=MjcxMzgzNzA1NWR
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
Hun Sen wants more Australian investors
The Prime Minister appealed Wednesday to Australian investors to increase their investments in Cambodia, especially in the agriculture and the tourism sectors. The comments were made during a meeting with the outgoing Australian Ambassador to Cambodia, Penny Richards, at the Peace Palace. He said, because of ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YzFhMzAxN2QzNDZ
Can Tho links with Cambodian province
The Can Tho city and Cambodian province of Battambang have signed a memorandum of understanding on economic co-operation that covers commerce, investment, and tourism. The two sides will create favourable conditions for businesses from the two localities to co-operate in areas like processing of farm produce, ...
http://vietnamnews.vn/economy/237556/can-tho-links-with-cambodian-province.html
Cambodian PM to visit China to advance bilateral ties
Cambodian Prime Minister Hun Sen said Monday that he will pay an official visit to China early next month to meet with new Chinese leaders for talks on further enhancing bilateral relations. “I hope that new Chinese President Xi Jinping and Premier Li Keqiang ...
http://news.xinhuanet.com/english/china/2013-03/25/c_132260956.htm
Hun Sen Seeks Chinese Help for Bridge Project
Prime Minister Hun Sen yesterday urged China to come up with enough funding for Cambodia to build a 3.5km bridge across the Tonle Sap and connect National Road 6 in Kampong Thom with Kampong Chhang province. Speaking at a ground-breaking ceremony for a $20 million Chinese ...
Largesse and threats ahead of election
Prime Minister Hun Sen warned thousands of villagers yesterday that his most popular initiatives, including his far-reaching land-titling scheme, will simply disappear if he is not re-elected in July’s national election – amid suggestions his campaigning has unofficially begun. In a marked shift from his apparent ...
http://www.phnompenhpost.com/2013032664688/National/largesse-and-threats-ahead-of-election.html
Cambodia launches National Council on Green Growth
Cambodia on Tuesday officially inaugurated the National Council on Green Growth, aiming at developing a sustainable economic society with natural resource and environment sustainability. Cambodia has adopted several legal instruments for the green growth implementation. Those included the roadmap for green growth, the memorandum of ...
http://news.xinhuanet.com/english/world/2013-03/19/c_132246075.htm
Camko City’s potential seen
Property experts say the Camko City project has a great deal of potential, after visiting and studying the satellite city last week. Kim Heang, general manager of Khmer Real Estate Co, said that he is very interested in Camko City because he has seen that it ...
http://www.phnompenhpost.com/2013031461948/Real-Estate/camko-city-s-potential-seen.html
A smooth ride?
It’s not a claim every country can make, but Cambodia builds its own cars. A country known for its low-skilled workforce, the Kingdom exceeded expectations with its January release of the Angkor Car, a mini-electric vehicle able to get up to 300 kilometres per charge. ...
Viet Nam, Cambodia make plans for development
President Truong Tan Sang has urged the planning ministries of Vietnam and Cambodia to effectively implement the agreements reached during recent talks. He made the comments at a meeting with Cambodian Minister of Planning Chhay Than in Ha Noi yesterday. Vietnam had contributed to ...
http://www.thecambodiaherald.com/cambodia/detail/1?page=11&token=YTQzMTU4OTI3NjI