Thursday, 5 August 2010

The Phnom Penh Post News in Brief


via Khmer NZ

Aspire aims for OTC

Thursday, 05 August 2010 15:00 Jeremy Mullins

MINING firm Aspire International Inc, which is in Cambodia exploring for iron ore and other resources, said it would undertake an audit required for its listing on the OTC Bulletin Board electronic stock exchange, according to a press release yesterday. The firm signed a deal with Cambodia’s Ministry of Industry, Mines and Energy in April to conduct exploration on 261 square kilometres in Battambang province.

Axiata awards tender

Thursday, 05 August 2010 15:00 Jeremy Mullins

UNITED Kingdom-based Cable and Wireless Worldwide has won a two-year contract from Axiata, the owners of Cambodian mobile provider Hello, to build and manage a new internet protocol network for the firm based in Singapore. The firm claims to provide connectivity to 153 nations through its existing infrastructure network, according to a press release.

Rice exports to Europe

Thursday, 05 August 2010 15:00 Chun Sophal

KHMER Food Corporation will begin exporting 432 tonnes of jasmine rice to Europe worth over US$300,000 this weekend, president Kim Savuth has said. Worth $757 per tonne, over half of the total is headed for France, with the remainder to be shipped to Slovakia, Germany and Switzerland. The shipments run throughout August.

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