News
IRI survey finds Cambodian majority optimistic over future
The vast majority of Cambodians – 81 per cent – believe the Kingdom is headed in the right direction, according to an International Republican Institute survey on democratic governance released yesterday. Key reasons respondents gave for their upbeat assessment included the building of more roads, bridges, health clinics ...
Bokor Resort Helps Attract More Tourists In Kampot
Bokor Mountain: The Bokor resort located on the top of Bokor mount in Kampot, on May 3rd, was inaugurated as the government believes it capable of propelling the local economy into greater growth. The project includes three asphalt roads of a total 49 krn along with the five-star Thansur (heaven) Bokor Highland Resort, which ...
Flood challenges still loom
The floodwaters may have receded, but their effects are far from over, with the government, NGOs and international donors saying yesterday they are still assessing the damage as they shift to long-term rehabilitation. Last November, Minister of Economy and Finance Keat Chhon said the government would ...
http://www.phnompenhpost.com/index.php/2012012754194/National-news/flood-challenges-still-loom.html
Poor farmers are hit the hardest by damage from floods
With ongoing floods causing an unprecedented $521 million in estimated damages, economists warn that poor farmers are being the hardest hit. The latest government estimate marks a roughly threefold increase from an earlier prediction of more than $161 million, which was the cost of the ...
A threat to Kingdom’s FDI
Tokyo: Cambodia needs more than an estimated US$13 billion in infrastructure works by 2020 if the country intends to continue attracting foreign investment, a joint survey by some of the world’s top financial institutions indicated on Wednesday. During a conference held by the Japan International Cooperation Agency ...
http://www.phnompenhpost.com/index.php/2011101452126/Business/a-threat-to-kingdoms-fdi.html
Thaksin gives government some friendly economic advice
Hours after arriving for his latest visit to the country, former Thai Prime Minister Thaksin Shinawatra on Saturday urged Cambodia to increase state spending in infrastructure and education and to modernize the country’s financial system, according to media reports. Local reporters were quickly ushered out of ...
Rural Roads to be Rebuilt in Seven Provinces
Plans are in the works to rebuild 505.4 km of rural roads in seven provinces with support from the Asian Development Bank (ADB) and South Korea. The first phase of the repairing of the roads will begin in December 2011. The project to rebuild roads ...
Cambodia, Laos, Myanmar and Vietnam Discuss Ways to Boost Tourism
Tourism ministers from Cambodia, Laos, Myanmar and Vietnam held a meeting in Ho Chi Minh City to discuss ways to boost tourism in all the four countries, creating a four country tourist destination. At the meeting on September 13, attended by over 200 delegates and investors, ...
Bokor Resort to Open for Visitors for Late 2011
Mount Borkor Resort, the highest location in Cambodia, located near the coastline, will be inaugurated to welcome tourists from all destinations by the end of 2011, while the road climbing to the plateau’s peak and other tourism structures are about to be completed So far, the ...
Road Crash Report Shows Fatalities Up Year-to-Year
Road accidents claimed the lives of 1,816 people in 2010, a slight increase from the 1,717 killed in 2009, according to a report by the Cambodia Road Crash and Victim Information System. The total number of casualties from road accidents reached 18,287 in 2010, according ...
Deals With China Inked
Cambodia agreed to acquire Chinese-made Z-9 helicopters for US$195 million in one of 26 memorandums of understanding agreed by the two countries on Saturday. Cooperation was pledged in sectors such as energy, mining, agriculture and road construction, as well as defense spending and aid. The ...
http://www.phnompenhpost.com/index.php/2011082251177/Business/deals-with-china-inked.html
South Korea Will Help Restore Ancient Khmer Temple
South Korea plans to restore the ancient Khmer temple, Preah Pitou at western Baray and other temples in Siem Reap, home of a world-class tourism destination. The restoration project was announced after the meeting between Deputy Prime Minister Dr. Sok An, Minister in charge of ...
Australia helps safer roads in Cambodia
H.E. Tram Iv Tek, Minister for Pulic Works and Transport this week hosted a ceremony in Kampong Chhnang to inaugurate the completion on 87 kilometers of maintenance on National Road 5 between Phnom Penh and Kampong Chhnang under the joing Road Asset Management Project. The ...
Machinery Imports Soar Through First Six Months
Sihanoukville Autonomous Port has seen an increase of 520 percent in the amount of construction machinery being imported. According to Chea Sambath, director of the port’s planning and statistics department, the increase is as a result of the increased investment in roads, hydropower dams and ...
Basic Concerns Remain Priority in Rural Areas
Roads, bridges, schools, sanitation and other forms of basic infrastructure are still top priorities for many rural citizens of Cambodia. Comfrel has done a study of issues that voters are concerned with and found that infrastructure is a key area. Traditionally the rural areas have ...
Overloaded vehicles at issue
Overloaded vehicles are contributing to a more rapid than anticipated deterioration of Cambodia’s road network, experts said yesterday. “The cost of overloading causes problems to everyone involved, but it is easy to control damage if we have good system in place. This is the only ...
http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html
Overloaded vehicles at issue
Overloaded vehicles are contributing to a more rapid than anticipated deterioriation of Cambodia’s road network, experts said yesterday The ADB has funded an axle-load control programme as part of a US$1 million technical package to support government rehabilitation of about 150 kilometers of the Kingdom’s roads. ...
http://www.phnompenhpost.com/index.php/2011070550177/Business/overloaded-vehicles-at-issue.html
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