Wednesday, 27 January 2010

The Phnom Penh Post News in Brief



via CAAI News Media

Pursat Run goes online

Wednesday, 27 January 2010 15:00 Dan Riley

PURSAT – Organisers of the annual Pursat River Run, now in its fourth year, have launched a Web site to help promote the event and assist with participant registration. This year’s race falls on November 14. Log on to www.runpursat.info for more information.

Korean centre opens

Wednesday, 27 January 2010 15:00 Soeun Say

PRIME Minister Hun Sen opened a new US$8.7 million South Korean culture, tourism and trade centre Monday in Phnom Penh. Kim Kwan Yung, governor of Gyrong San Bukdo province, which backed the project to build ties with Phnom Penh, said the centre would help promote business relations between the two countries. The three-storey centre built by DKC & C Co, a South Korean construction firm, will feature a department store, a public Internet hub, a VIP area, conference hall and a display area for cultural works from Cambodia and South Korea.

Pawn licences required

Wednesday, 27 January 2010 15:00 May Kunmakara

THE MINISTRY of Economy and Finance called Monday for pawnbrokers to apply for licences following a prakas, or edict, signed this month. In an announcement in the Khmer-language press, the ministry said it would issue the US$250 annual licences until the end of March. “We have opened for those who have the ability to obtain a licence because we want to bring them within areas in which they are under control,” said Mey Vann, director of the Financial Industries Department. New rules say pawnshops must have minimum capital of 200 million riels (US$50,000), and that interest rates will be capped at 5 percent.

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