Friday, 12 March 2010

The Phnom Penh Post News in Brief


via CAAI News Media

Gold Tower to finish

Friday, 12 March 2010 15:00 Soeun Say

PHNOM Penh’s US$300 million Gold Tower 42 – what will be the Kingdom’s tallest structure – is set for completion by October 2011, its general manager said Thursday. So far, 15 storeys of the 42-storey tower have been finished. General Manager Nov Ratana said about 60 percent of the luxury apartments, 100 percent of office space and the mall have already been sold.

Over 40 firms 'illegal'

Friday, 12 March 2010 15:00 May Kunmakara

THE Ministry of Commerce issued a prakas Thursday declaring that 47 firms are operating illegally. Vann Theary, director of the registration bureau, said the companies concerned hadn’t followed rules to announce transactions. Commerce Minister Cham Prasidh approved the edict. If a firm doesn’t announce activities for three years, she said, it is illegal.

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