Monday, 2 August 2010

The Phnom Penh Post News in Brief


via Khmer NZ

Pies outplay the Blues to triumph by 48 points

Monday, 02 August 2010 15:00 David Boyle

Form and ladder position often count for little when it comes to rivalry games in the Australian Football League, and those rivalries don’t get much bigger than Carlton versus Collingwood – the silver tails versus the working -class battlers. But top-of-the-table Collingwood thoroughly dispelled any such superstitions Saturday, handing out a 48 point walloping to the Blues, a margin that didn’t nearly reflect their dominance. Lead by unstoppable midfielder Dane Swan, the relentless run and carry of halfback Harry O’Brien and the mercurial brilliance of small forward Leon Davis – who booted three, the Pies had the match sealed by half way through the second quarter. To describe Carlton’s performance as utterly woeful would be to succumb to the fact that suitably negative adjectives for this purpose have not yet been invented in the English language. Their furious coach Brett Ratten said it was probably “the most embarrassed I’ve been of our group”.

Fantasy league filling up

Monday, 02 August 2010 15:00 Dan Riley

THE start of the new English Premier League season is now 12 days away, and aspiring managers are readying their squads for the accompanying Post Fantasy League, with weekly and overall prizes once again sponsored by Cellcard. To register your team, please go to fantasy.premierleague.com and enter the code 42804-14678 to join our league. There are new rules (published on the forum page) and all managers must register their team by email to dan.riley@phnompenhpost.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it be eligible for prizes.

Commodities delay

Monday, 02 August 2010 15:00 Catherine James

THE Cambodian Mercantile Exchange has pushed out its official launch to “a future date”, said its chief operating officer, Kushal Shrestha. The reasons for the delay were undisclosed.

Local JCI chapter opens

Monday, 02 August 2010 15:00 Catherine James

HUNDREDS of entrepreneurs gathered at the CBM Corporation Co head office in Phnom Penh on Saturday for the launch of the Cambodian chapter of Junior Chamber International. More than 500 attended the launch, said JCI Cambodia acting president Chy Sila.

No licence yet for casino

Monday, 02 August 2010 15:00 Soeun Say

OFFICIALS denied claims that Intercity Group was licensed to build a US$400 million casino in Siem Reap, according to a letter penned by Prime Minister Hun Sen’s cabinet director Ho Sitthy.

Jardine invests $34m in Cambodia’s ACLEDA

Monday, 02 August 2010 15:00 Ellie Dyer

THE strategic wing of multinational corporation Jardine Matheson bought a 12.25 percent stake in Cambodia’s ACLEDA bank for US$34 million, nearly three times the book price, according to its first half report. When the purchase was first announced last year, ACLEDA president In Channy said the book value of the stake was $12.51 million. The sum involved was at the time undisclosed.

Construction: MoU signed on building for Senate

Monday, 02 August 2010 15:02 Sun Narin

Construction

The Senate has signed a memorandum of understanding with a Chinese company concerning the construction of a new plenary building, though officials said yesterday that they did not know how much it would cost or when work would commence.

Oum Sarith, the Senate’s secretary general, said plans for the building were being drawn up by the China City Construction Holding Group and would likely be finished “within three to six months”.

“We do not know the budget for the building or the time required to complete it,” he said. He added that the seven-storey building would be 5,000 square metres, and that it would include a meeting hall, offices for the nine Senate commissions and an “official party room”.

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