Chugging along- The rehabilitation of the Kingdom’s railways is essential to boosting regional economic ties, but the mammoth project needs to pick up speed

A glance around Battambang’s dilapidated train station reveals the monumental task it will be to complete the Cambodian segment of the ‘iron silk road’, which will connect Southeast Asia to Europe by rail for the first time. Cows graze between missing rails in front of ...

http://sea-globe.com/chugging-along/

Cambodian Economy Hurt by Land Evictions

Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. ...

http://www.cambodiadaily.com

Leaders of Japan, China to Attend Asean, East Asia Summits

The leaders of two of Cambodia’s biggest donors, China and Japan, will attend the up coming Asean and East Asia summits in Phnom Penh next week, Prime Minister Hun Sen confirmed during a speech in Siem Reap province yesterday. “China Prime Minister [Wen Jiabao] will arrive ...

http://www.cambodiadaily.com

Insight: Land conflict, impunity dims Cambodia's awakening

Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. ...

http://www.reuters.com/article/2012/11/12/us-cambodia-protests-idUSBRE8AB17J20121112

Obama steers US towards focus on Asia

On his first foreign trip since Tuesday’s election, US President Barack Obama is planning a historic visit to encourage reforms in Myanmar – seen as a key success during his first term – and he’ll also go to Thailand and Cambodia. Secretary of State Hillary Clinton ...

http://www.skynews.com.au/world/article.aspx?id=815309

Senator Offers Cash Compensation to Evictees

CPP Senator and business tycoon Ly Yong Phat last week continued to offer families in Koh Kong province cash compensation to get them to drop out of a lawsuit against two sugar cane plantations he once owned, according to villagers. But villager Phann Khly yesterday ...

http://www.cambodiadaily.com

Vietnam, Laos, Cambodia seek investments for Mekong sub region

Delegates attending a forum on investment and cooperation for the Mekong sub region, held in the central highland province of Dak Lak on November 9, all agreed that Vietnam, Laos and Cambodia need to work on common preferential policies to attract lucrative investments for the ...

http://www.saigon-gpdaily.com.vn/Business/2012/11/103287/

Hun Sen to Hold Bilateral Talks With Obama During Summit

Prime Minister Hun Sen will hold bilateral talks with U.S. President Barack Obama when the newly re-elected American leader visits Phnom Penh during this month’s East Asia and Asean Summits. Mr. Hun Sen announced the bilateral meeting in a letter to Mr. Obama on Wednesday congratulating ...

http://www.cambodiadaily.com

City brushes off ice factory complaint

Phnom Penh municipal officials Nov. 8, 2012 dismissed the complaints of more than 60 families about a Russei Keo district ice factory’s levels of noise and bad fumes. Following their inspection of the Om Rith factory, a manufacturer of Super Ice, officials from Phnom Penh’s Department ...

http://www.phnompenhpost.com/index.php/2012110959656/National-news/city-brushes-off-ice-factory-complaint.html

Tax revenue up from 2011

Cambodia collected $633 million in taxes over the first 10 months of this year, a 31 per cent rise from $483 million over the same period last year, according to the General Department of Taxation. However, an opposition watchdog claimed the amount is still far ...

http://www.phnompenhpost.com/index.php/2012110959666/Business/department-officials-say-tax-revenue-is-up-from-last-year.html

$11 million for new serviced apartments

Approximately $11 million will be invested in the 14-storey Silvertown Serviced Apartments in BKK1, according to the president of agents Knight Frank last week. Sunny YL Soo, the managing director of Knight Frank in Cambodia, said that the demand for leased apartments in Cambodia is rising ...

http://www.phnompenhpost.com/index.php/Real-Estate/11-million-for-new-serviced-apartments.html

Eight-year investment in Cambodia's airports

Almost $400 million will be invested in Cambodia’s airports over the next eight years, the trade magazine Airport World has reported. The investment will fund the extension to the international terminal at Phnom Penh’s airport, the upgrading of Siem Reap’s airport and improvements to the Sihanoukville ...

http://www.phnompenhpost.com/index.php/2012110859632/Business/eight-year-investment-in-cambodias-airports.html

Australia Drops Cambodian Bribery Allegations

The Australian Federal Police (AFP) have closed an investigation into suspicious payments to officials in Cambodia by the world’s largest mining company BHP Billiton, according to a report released by the Organization for Economic Cooperation and Development (OECD). Although the report, released last month, does not ...

http://www.cambodiadaily.com/business/australia-drops-cambodian-bribery-allegations-5337/

Refined sugar for domestic market

Phnom Penh Sugar will begin producing white sugar this month for the Cambodian market to reduce the demand for imported sugar, according to a spokeswoman for the firm. Chheang Kemsoun, a representative of Phnom Penh Sugar, told the Post yesterday the company would produce white sugar ...

http://www.phnompenhpost.com/index.php/2012110759620/Business/refined-sugar-for-domestic-market.html

Cambodian Prime Minister calls on Japan for more tourists, investors

Prime Minister Hun Sen of Cambodia has called upon Japanese counterpart Yoshihiko Noda for his support in encouraging more investments and tourism from Japan to help strengthen bilateral ties between the two Asian nations. The request was made at a meeting on Monday during the ...

http://japandailypress.com/cambodian-prime-minister-calls-on-japan-for-more-tourists-investors-0717985

A factory’s fainting crisis

In a single factory that supplies some of the biggest international brands, faintings occurred every day for five years, a new investigation by the Cambodian Legal Education Centre has found. Until just weeks ago, when the management installed new fans, three to four garments workers were ...

http://www.phnompenhpost.com/index.php/2012110759624/National-news/a-factorys-fainting-crisis.html

Kingdom’s trade deficit widens

Cambodia’s total exports increased more than 13 per cent in the first nine months of this year, with a year-on-year comparison indicating a widening trade deficit. A private-sector representative, an exporter and an independent economist said the slow growth was mainly due to the slowing of ...

http://www.phnompenhpost.com/index.php/2012110759621/Business/kingdoms-trade-deficit-widens.html

Locals Lobby Ice Factory to Reduce Noise, Smell

A factory in Phnom Penh has been ordered to construct a barrier to reduce noise, and a bad smell, from ice-making machinery that runs 24 hours a day and has local residents losing sleep, district officials said. Seventy families from Russei Keo district’s Kilometer 6 ...

http://www.cambodiadaily.com

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