Monday, 19 October 2009

The Phnom Penh Post News in Brief


(Posted by CAAI News Media)

In Brief: Shuttlecocks take flight

Monday, 19 October 2009 15:00 Ung Chamroeun

The Ministry of Education, Youth and Sports, in collaboration with the Cambodian Badminton Federation (CBF), opened the 2009 National Badminton Championship at Olympic Stadium Sunday featuring about 100 participants from 11 clubs. The tournament is split into levels A-I and A-II, with single and team categories for both men and women. Chea Bun Heng, representative of the organising committee, said the CBF had also added U13 and seniors (40-50 years old) categories this year.

In Brief: Investment slide eases

Monday, 19 October 2009 15:00 Chun Sophal

APPROVED investments in the Kingdom fell by a slower pace in September although over the first nine months they were still down 82.23 percent to US$1.61 billion compared to the same period last year, according to figures from the Council for the Development of Cambodia. Last month the value of projects approved by the government fell 33.38 percent year on year to $44.91 million compared to a 86.75 percent drop in August and a fall of 93.54 percent in July, figures showed. Services and tourism saw the largest annualised decline in approvals, but agriculture reversed that trend with nearly half a billion dollars in project approvals in the third quarter.

In Brief: Central Market reopens

Monday, 19 October 2009 15:00 Chun Sophal

PHNOM Penh's iconic Central Market has reopened part of its newly refurbished eastern side, finishing the first phase of a US$4.2 million renovation project. Sok Kim Heng, president of the market, said Sunday that the new wing opened Thursday. "For the second stage, we will open the jewellery stores soon; now we are renovating," he added. Arte-Villa Pare of France began the project in December 2008 and is due to have completed each of four stages by the end of 2010.

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