News

Hun Sen says CPP will never tax farmland

Prime Minister Hun Sen has said the ruling Cambodian People’s Party (CPP) will never tax farmland. “It would burden our farmers,” he said in Takeo Sunday. “Although national revenue that comes from land taxes is spent on building roads, water systems, hospitals and  schools, we still ...

http://www.thecambodiaherald.com/cambodia/detail/1?page=13&token=YTMzNzliODJmMGQ0OWIxOWEzZTU0MGJjYmQ3Nzg0

China's Aid to Cambodia Helps Cement Ties

When Asia-Pacific leaders gather this weekend in Southeast Asia—a bright spot in a sputtering global economy—their Cambodian hosts may extend a warm welcome to U.S. President Barack Obama, but they will view officials from Beijing as old friends. Mr. Obama’s visit to Cambodia—this year’s host for ...

Chun Han Wong
http://online.wsj.com/article/SB10001424127887324595904578120582308358540.html

National Road 3 prices flat

The sale and purchase of land along National Road 3 is increasing in volume but land prices are not increasing significantly despite the road being completed, and despite the many industrial zones along it.  Based on his company’s research in the second quarter of this year, ...

http://www.phnompenhpost.com/index.php/Real-Estate/national-road-3-prices-flat.html

Royal Palace Road Closures Are Crippling Local Businesses

Owners of local businesses along six streets near the Royal Palace that have been closed to prevent excessive noise during the three-month mourning period for late King father Norodom Sihanouk said yesterday that the road blocks are having a negative impact on their trade. Gated roadblocks ...

Four People Injured After Two Buses Collide

Three Vietnamese nationals and one Cambodian were hospitalized Saturday after two commercial buses driving between Phnom Penh and Ho Chi Minh City collided in Svay Rieng province, police said yesterday. Ouch Sarun, provincial traffic police chief, said that the two buses [belonging to Van Rec. Co. Ltd., and ...

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

Pchum Ben not spared traffic deaths, injuries

Twenty-six people died and another 85 were seriously injured on roads in the final three days of Pchum Ben this year. The toll is only marginally fewer than last year, when 75 separate traffic accidents caused 98 people to be admitted to hospital with serious injuries ...

http://www.phnompenhpost.com/index.php/2012101859287/National-news/road-safety-still-in-the-slow-lane.html

Group awaits eviction No. 2

Families in the capital’s Por Sen Chey district face a tense morning as they prepare for the familiar sound of authorities moving in to evict them. Nineteen families in Andong village were told in a letter from district authorities that today was the deadline for them ...

http://www.phnompenhpost.com/index.php/2012100359062/National-news/group-awaits-eviction-no-2.html

Hun Sen Asks China for Loan to Build New Road

Prime Minister Hun Sen said yesterday that he has requested a $140 million loan from China to build a 190 km road that would branch off National Road 5 and allow easier access to Thailand. The request comes just one month after Mr. Hun Sen returned ...

Looking for a flood of investment

Cambodia’s Commerce Minister Cham Prasidh said foreign investors with production bases in Thailand ought to consider Cambodia for future expansion because of the Kingdom’s greater resistance to floods. Speaking at Phnom Penh Honda’s 20th anniversary yesterday, the Commerce minister said that while Cambodia faces floods each ...

http://www.phnompenhpost.com/index.php/2012092758951/Business/flood-resistance-leverage-for-foreign-investment.html

Villagers facing re-eviction

Villagers evicted from the former Sambok Chab community in the capital’s Dangkor district in 2006 face eviction for the second time – this time without any compensation, evictees told the Post yesterday. According to villager Heng Pheng Chun, 26, authorities in Por Sen Chey district have ...

http://www.phnompenhpost.com/index.php/2012092658910/National-news/villagers-face-eviction-again-in-phnom-penh.html

ADB presents progress on its flood rehabilitation project

The Asian Development Bank (ADB) is pushing forward with the US$67 million flood reconstruction project aimed at rebuilding roads,bridges and irrigation systems hit by the devastating high waters of 2011, improving the nation’s infrastructure and providing livelihoods to people in six severely affected provinces, according ...

http://etmcambodia.com

Villagers Dig for Treasure as Gold Fever Hits Takeo Province

a gold rush came to Angkor Borei district over the weekend, with dozens of villagers trying their hand at treasure hunting after word got out that there was gold to be found in the soil of a newly dug road in Prek Phtorl commune. The area ...

City Hall Installs More Cameras To Monitor Congestion

Phnom Penh City Hall has installed five new surveillance cameras at major intersections around the city in order to help traffic police monitor increasingly congested roads, police and an official at an Internet service provider (ISP) said this week. Paul Blanche-Horgan, CEO of ISP Ezecom—the firm which set up the ...

Storms swamp capital streets in drain strain

Despite recent efforts by the authorities to improve drainage systems around the capital, heavy flooding and swamped roads were the norm over the past week as the kick-off to the rainy season saw pelting rain almost every afternoon, residents say. Old drainage systems put in place ...

http://www.phnompenhpost.com/index.php/2012052256307/National-news/drain-strain-storms-swamp-capital-streets.html

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