News

PM addresses infrastructure

Prime Minister Hun Sen on Saturday addressed the Kingdom’s spending on new infrastructure projects during the groundbreaking ceremony for 34 new roads in Preah Sihanouk province amid calls for greater transparency over Cambodia’s expenditures. ...

Voun Dara
https://www.phnompenhpost.com/national/pm-addresses-infrastructure

City Hall identifies needs of impoverished communities

Capital Hall released results of a study that surveyed the infrastructure needs of poor communities in Phnom Penh. The study was conducted by asking 2,397 community members in eleven communes to identify which infrastructure projects need to be prioritised. ...

Sen David
https://www.khmertimeskh.com/50562768/city-hall-identifies-needs-of-impoverished-communities/

Congressional Hearing in US Pushes Cut to Cambodian Aid

At a congressional hearing in Washington on Tuesday that scathingly rebuked Prime Minister Hun Sen and his ruling CPP, a U.S. lawmaker called for legislation to cut American aid to Cambodia following the national election on July 28. Representative Steve Chabot, who chaired the House Subcom­mittee ...

http://www.cambodiadaily.com/news/congressional-hearing-in-us-pushes-cut-to-cambodian-aid-34389/

Korea trade nears $1 billion

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between ...

http://www.phnompenhpost.com/business/korea-trade-nears-1-billion

Private side can spark investment

The government has called on private sector partnership for investment in Cambodia’s infrastructure; a move officials say will help funnel more foreign funds into the country. Speaking at a seminar on Public Private Partnership (PPP), the Minister of Commerce, Cham Prasidh, conceded that help was needed ...

http://www.phnompenhpost.com/2013070566681/Business/private-side-can-spark-investment.html

National Road 1 prices on the rise

Land prices along National Road 1 have climbed between 20 and 30 per cent after the road was extended in response to the increasing amounts of vehicles using it. The land that surrounds National Road 1 can be divided into three locations according to the ...

http://www.phnompenhpost.com/index.php/Real-Estate/national-road-1-prices-on-the-rise.html

China Gives $523M, Thanks Cambodia for Asean Help

Prime Minister Hun Sen returned home yesterday from a quick trip to Beijing with the promise of some $523 million in new loans and grants, one day after Chinese Prime Minister Wen Jabao praised Cambodia for helping China maintain “friendly relations” with Asean. Speaking with ...

More Effort Needed for Asean Unity, Hun Sen Says

Countries in the region need to move faster to reduce the economic gaps between Asean nations if they are to successfully integrate and establish the Asean Economic Community by 2015, Prime Minister Hun Sen said yesterday. Speaking at the 44th Asean Economic Ministers’ Meeting in Siem ...

Loans from China Still Welcome, Hun Sen Says

The Chinese government is considering loaning an unspecified amount of money to cover the cost of constructing 20 new national roads, Prime Minister Hun Sen said yesterday. Speaking at the inauguration of 128-km stretch of National Road 62 linking Kampong Thom and Preah Vihear provinces, also primarily funded by ...

Economic Plan for Mekong Region Gets Finalized

Ministers from the six Mekong region nations concluded a two-day meeting yesterday in which they solidified plans for an economic strategy that would span a decade and require billions in investment. Speaking at Phnom Penh’s Peace Palace at the annual ministerial meeting, Minister of Commerce ...

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