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NEWS UPDATES Asean Affairs   27 November 2012 

Hun Sen says China offers US$300-500m in loans every year


Cambodian Prime Minister Hun Sen said yesterday that China had pledged between US$300 million and US$500 million in loans to Cambodia every year.

Speaking at a road opening ceremony in Prey Veng province, he said he signed agreements on grant and loan aid with Chinese Premier Wen Jiabao during his visit to Cambodia ahead of the Asean summit earlier this week.
"We talked a lot about our partnership strategy which will continue. Our task continues to be seeking loans from China of between US$300 million and US$500 million.

"During our talks, the Chinese premier asked us to prepare priorities for 2013 and we have to include plans for at least 400 kilometres of roads every year.”

Among the roads inaugurated yesterday, National Road No 8, a 109-kilometre route from Prek Tamak in Kandal province to Anglong Chrey in Prey Veng, cost US$107 million which included a loan of US$83 million from China.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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