Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - ASEAN bankers focus on internal relations

ASEAN bankers focus on internal relations

ASEAN bankers focus on internal relations

ASEAN bankers have said they should focus on building relationships within the bloc before reaching out to build ties with other countries in the region, notably China, India and South Korea.

In a document detailing discussions at a two-day ASEAN Banking Council meeting ending Friday in Phnom Penh, the first time the event has been held in the Kingdom, representatives agreed to draw up a timetable of visits between members that would include liaisons with banking regulatory authorities.

“The Committee agreed that there were lots to learn amongst ASEAN countries themselves, and it may be worthwhile to focus on activities such as more frequent dialogues,” said a report of the Permanent Committee on ASEAN Inter-Regional Relations following meetings conducted Thursday.

It added that the ASEAN Banking Council would make a decision on participation by ASEAN+3 – China, South Korea and India – at a future date.

Members also decided to postpone a group visit to Australia due to the recent A(H1N1) flu outbreak. ASEAN banking officials had originally planned to meet with Australian Banking Association members in Sydney in August, but that has since been pushed back, the report said.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said