News

In May, Chinese investment in Cambodia accounted for almost 50% of total financing, with domestic investment accounting for over 30%, while the US lagged behind at less than one per cent, according to the Council for the Development of Cambodia (CDC). ...

Prime Minister Hun Sen and Chinese ambassador Wang Wentian on January 2 broke ground for the construction of a new bridge which will span the Mekong River in Kratie province. The bridge is expected to bring “rapid economic development” to the people of Cambodia’s northeastern ...

The Ministry of Public Works has unveiled a project to expand the entire National Road 6 from the current two lanes to four lanes to facilitate travel of people and transportation of goods. ...

Following the completion in July of the section stretching from Siem Reap to Kampong Cham province, National Road 6 was officially inaugurated yesterday in a ceremony presided over by Prime Minister Hun Sen. ...

Authorities in Kompong Thom province are searching for a soldier suspected of smuggling rosewood who shot at police while making his getaway through a maze of narrow streets on Saturday morning. Provincial police chief Chou Sam An said his officers received a call from a deputy ...

Traffic accidents killed 38 people over Khmer New Year, with a further 306 injured, officials said yesterday. National Police spokesman Kirth Chantharith said that between Monday and Wednesday, 148 traffic accidents were recorded across the country. ...

Strong economic growth and an increase in tourism had driven Siem Reap land prices, according to an industry expert. Sorn Seap, general manager of Key Real Estate who had studied land prices in Siem Reap town, said land prices in Siem Reap town increased about 15 ...

After spending $30 on clothes, Chan Pheavy sat down for lunch in the food court of Sorya Mall, plunking her shopping bags on the floor beside her. “It is very comfortable to do shopping here,” Pheavy, 25, who works for a commercial bank in Phnom ...

About 4,000 angry workers crowded National Road 6 for about 10 minutes yesterday morning The striking employees of the Chinese-owned Juhui Footwear Co, Ltd, who walked out on Friday, took to the street and blocked traffic after officials from the Coalition of Cambodian Apparel Workers Democratic ...

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 ...

Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite ...

Cambodia yesterday signed deals for about US$430 million in loans from China, the latest in a number of high-profile borrowing deals with its northern neighbour. The bulk of the loans, from Export-Import Bank of China, would go towards two national road projects and a multipurpose dam ...

A delegation of Chinese officials yesterday donated two airplanes and signed an agreement to provide Cambodia with loans for a new hydropower dam in Battambang and the renovation of two national roads. The deals were made during a meeting in Phnom Penh between He Guoqiang, a ...

Cambodian-owned TTY corporation will invest US$6 million in a rice milling plant in Kampong Speu province, company officials said yesterday. Heng Sarath, TTY deputy director, said the factory would be built on national road 6, and would mill 20 tonnes of rice per year. Construction is ...