In Brief: Govt targets copyright
Friday, 16 October 2009 15:00 Chun Sophal
THE government met Thursday with 65 domestic companies for the start of a two-day workshop aimed at boosting the Kingdom's copyright compliance, which officials admitted still had a long way to go. A Ministry of Commerce report showed that 11 brand names were unregistered in the first nine months of this year because of copyright violations. "We hope ... to be able to work with investors and local producers until the full implementation of copyright laws," said Dith Tina, undersecretary of state at the Ministry of Commerce. The Kingdom first introduced copyright laws in 2002.
In Brief: Vimpelcom's year high
Friday, 16 October 2009 15:00 Steve Finch
VIMPELCOM, the parent company of mobile phone brand Beeline, saw its stock price surge 4.19 percent in New York trading Wednesday to reach US$20.12, its highest value since September last year. The stock price has climbed in recent months on the back of positive news from the Moscow-based company including its entrance into Laos and a recent deal between its previously warring major stake holders, Altimo and Telenor. Deutsche Bank last week raised the stock to “buy” with a target price of $23.10.
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