In Brief: Cambodia in hard group
Monday, 16 November 2009 15:00 ANDY BROUWER
The draw for the football group matches in the Southeast Asia Games in Laos next month has placed Cambodia in the very strong Group A. Cambodia will open their campaign against eight-time gold medallists Thailand on December 4 at 3pm at the Chao-Anu-Vong Stadium in central Vientiane. Their games come thick and fast, and two days later they meet Timor Leste at 5:45pm at the brand-new national stadium, some 20 kilometres outside of the city. On December 8 they are back at the Chao-Anu-Vong venue to meet Malaysia at 5:45pm, and then complete their group matches with another tough task against Vietnam on December 11 at 3pm at the same ground. Scott O’Donell and his U23 squad are off to Vietnam again today for another 10 days of intensive preparation at the Thanh Long facility just outside Ho Chi Minh City.
In Brief: Canadia, BIDC sign deal
Monday, 16 November 2009 15:00 Nathan Green
CANADIA Bank signed a memorandum of understanding on Saturday with the Vietnamese-owned Bank for Investment and Development of Cambodia to cooperate on lending and investment activities. Canadia Bank CEO Charles Vann said the deal cleared the way for the two banks to provide syndicated loans, including a US$33 million loan due to be signed with the Rural Development Bank to help farmers and rice millers improve rice quality for domestic and export markets. BIDC provided $28 million; Canadia Bank $3 million; and the Foreign Trade Bank, which is part owned by Canadia Bank, $2 million.
In Brief: Nautisco deals for $13m
Monday, 16 November 2009 15:00 Chun Sophal
NAUTISCO Seafood Manufacturing Ltd said Thursday it had secured US$13 million in contracts to supply fresh and processed shrimp to international and domestic markets for next year. Japanese and South Korean buyers had ordered around 1,200 tonnes and restaurants and hotels in Cambodia around 120 tonnes, Nautisco President Pov Sambath said. Cambodian Hotel Association President Luu Meng, who is also co-owner of Phnom Penh’s Thalias hospitality group, said the US$5 million plant, built in 2008, urged restaurants and hotels in the association to support the factory.