Vietnamese President Nguyen Minh Triet is scheduled to make a three-day trip to Cambodia beginning Thursday to promote increasing trade between the two countries, officials said Tuesday. “The progress of investment, trade and tourism is greatly increasing,” Foreign Ministry spokesman Koy Kuong said. “This state visit also promotes the other sectors. When we speak of [...]
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Tribunal Defense Teams Wary of Joint Criminal Enterprise
August 30th, 2010 
admin A defense lawyer for one of the senior Khmer Rouge leaders preparing for trial says he does not want a trial under the principle of Joint Criminal Enterprise, which would seek to link four leaders now in detention in atrocity crimes under the regime. “My client was only the minister of social affairs,” said Phat [...]
Cambodia Delays Stock Exchange Yet Again
July 22nd, 2010 admin PHNOM PENH, Cambodia—Cambodia has delayed the opening of its proposed stock market for a second time, pushing the date back to July 2011. In a statement Wednesday, the Finance Ministry said the delay was due to technical issues and the global economic crisis. “The postponement of the stock market is to adapt to the evolving [...]
Malaysia’s Public Bank posts higher Q2 on loan growth
July 22nd, 2010 admin KUALA LUMPUR, July 20 (Reuters) – Malaysia’s third largest lender by assets, Public Bank (PUBM.KL), reported a 20 percent rise in second quarter earnings boosted by strong domestic loans growth and and higher non-interest income. The bank, which also has subsidiaries in Hong Kong and Cambodia, said second-quarter net profit rose to 734.08 million ringgit [...]