Monday, July 13, 2009

Cambodia Installs Over 500 Solar Energy Electricity

PHNOM PENH, July 14 (Bernama) -- More than 500 solar energy electricity generations have been installed in Cambodia's rural areas to help improve the living standard of poor people, China's Xinhua news aagency said quoting local media reports Tuesday.

The UNDP (United Nations Development Program) and local organisations, so far, have cooperated each other to install more than 500 solar energy electricity generations at the rural areas of Cambodia, where the electricity is not able to access for everyday life in households, schools and referral hospitals, according to Khmer language newspaper Rasmei Kampuchea.

"The producing of the solar energy electricity does not affect the environment and global warming, and the solar energy electricity will be used for healthcare and education fields," Kong Pharith, president of Capacity Building Organization was quoted as saying. Capacity Building Organization is an expert for installing the solar energy system at the rural areas in the country.

"When we have electricity, our local students can access to use computers in their schools," he added.

Now, the local and international organisations are focusing on the installation of battery charging stations for people in the rural areas, he said, adding that price for charging battery will be reduced to 30 percent with support from the UNDP.

Cambodia has 30 percent of its population living in poverty. Most of them live in the rural areas, while 80 percent are farmers.

-- BERNAMA

Japan's top 2 beverage makers considering merger

TOKYO (AP) – Japan's top two beverage makers, Kirin and Suntory, are considering merging their operations, a Suntory spokesman said Monday.

A merger would create the world's fifth largest food company by sales, just behind Kraft Foods Inc. and Pepsico Inc., the Nikkei business newspaper reported.

It also would help the companies overcome a saturated domestic market with an aging population and compete more strongly with large international brands.

"A merger is one possibility we are considering," said Kuzaki Kitahara, a spokesman at Suntory Holdings Ltd.

Kirin Holdings Co. said in a news release it already cooperates with Suntory in areas such as distribution and procurement, but it said nothing concrete has been decided about a merger.

The comments came Monday after Japanese media reports that the two companies were considering combining their operations. The Nikkei business newspaper, without citing sources, reported that they aimed to complete a deal this year.

Privately held Suntory is well known for its whisky and beer products.

Kirin, Japan's largest food and beverage company, is best known domestically as a beer and soft drink producer. It also owns major food and alcohol producers in Australia and throughout Asia.

Kirin shares shot up over 8 percent to 1,395 yen in early trading Monday in Tokyo, while the benchmark Nikkei index was down 0.5 percent.