Cambodia Financial News

holiday shopping scams that one should watch out for this December. The social media giant has launched a worldwide anti-scam awareness campaign aimed at protecting users from fraudulent schemes during the holiday shopping season. The company, which owns Facebook, WhatsApp, and Instagram, revealed it has taken down over two million accounts linked to scam centers in Cambodia, Myanmar, Laos, the UAE, and the Philippines this year. In another instance, Meta said its enforcement efforts have removed 15,000 phishing URLs in Vietnam and 9,000 in Singapore this year to save people from holiday shopping scams. Meta in a blog post said it has partnered with a top internet safety expert and ethical hacker, Rachel Tobac, to share how scammers might be targeting people online this holiday season and how to avoid scams. Meta disrupted scam campaigns targeting holiday shoppers outside of our platforms and took thousands of malicious URLs that impersonated Meta’s apps off the internet, it said in a statement.

₹1 crore. The elderly victim, a stock market trader, was duped by fraudsters posing as officers from the Central Bureau of Investigation (CBI), who alleged his involvement in a drug trafficking and money laundering racket, reported NDTV.According to the publication, the conmen, part of a gang operating in collaboration with associates in China, initiated the scam through a WhatsApp call.

free trade agreement in goods in February, the commerce and industry ministry said Saturday, adding that the fourth round of the negotiations was concluded here this month.

Subscribe to enjoy similar stories. By 9 p.m. on election night, it had become clear to Jason Junod that Donald Trump was returning to the White House.

Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for the return of President-elect Donald Trump who has pledged to slap steep tariffs across the board on imports from other countries

ASEAN summit and the 21st ASEAN-India summit are going to take place this week in Vientiane. Started in 2002 in Cambodia, the ASEAN-India annual summit process has entered into the third decade of partnership. ASEAN-India relations have grown from strength to strength, with rising trade and investment flows, friendshoring, and people-to-people contacts. ASEAN-India relations have been elevated to the Comprehensive Strategic Partnership (CSP) level. Both have agreed to establish the ASEAN-India CSP that is meaningful, substantive, and mutually beneficial.

Cambodia has broken ground to build a $1.7 billion, China-funded canal to eventually link its capital Phnom Penh to the Gulf of Thailand

Cambodian Prime Minister Hun Manet says he's pulling his country out of a development agreement with neighboring Vietnam and Laos following protests that it was benefiting foreign interests

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...

Cambodia is eyeing to increase Indian tourists' footfalls by 3-4 times in the current year as a robust growth in India's tourism sector presents huge potential for the Southeast Asian nation, a Cambodian tourism ministry official said. «We have launched Cambodia-India Tourism year for the first time this year to tap the Indian market which has potential, as the country's tourism is booming. We are witnessing a positive momentum and expect that there will be a lot more tourists from India. We expect to increase, maybe, 3-4 times in terms of the number at the moment that we have,» Cambodia's Minister of Tourism Hul Seila told PTI over phone on the sidelines of Business, Leisure, Travel and MICE Tourism Exhibition 2024 (BLTM). In 2023, Cambodia hosted 68,836 India travellers. The figure was over 91 per cent of the pre-Covid (2019) levels, he said. In 2019 Cambodia received 75,286 visitors from India. This year, in the first six months (January-June 2024) the number of tourists coming from India to Cambodia was around 32,000-33,000, around 17 per cent more compared to the figure of the same time a year ago, he said.

Read more about other Lifestyle items on the Top Trending Products page. Check out the best football shoes below. 1. adidas Unisex Football Shoe adidas Unisex-Adult X CRAZYFAST.4 TF CBLACK/CBLACK/CBLACK Football Shoe — 9 UK (IE1577)25% Off₹3,974₹5,299Buy Now The Adidas Unisex-Adult X Crazyfast.4 TF Football Shoe is designed for players seeking speed and agility on the field. Crafted from synthetic materials, these shoes offer durability and a lightweight feel, making them ideal for fast-paced games. The lace-up closure ensures a secure fit, while the rubber sole provides excellent traction on turf surfaces. Although not water-resistant, these football shoes are built for performance and comfort. With a no-heel design, they allow for natural movement and balance during play. Made in Cambodia, these Adi

Cambodia on Monday broke ground to build a controversial, China-funded canal to link the capital Phnom Penh to the sea despite environmental concerns and the risk of straining ties with neighboring Vietnam

trade agreement in goods will be held in November, an official statement said on Saturday. The third round of the negotiations was concluded on August 1 in Jakarta, Indonesia. Eight sub-committees have been constituted under the India-Asean Free Trade Agreement Joint Committee for undertaking negotiations on different areas related to the review of the pact. «The next meeting of the AITIGA (Asean-India Trade in Goods Agreement) Joint Committee will be held in India from 19-22 November 2024,» the Commerce Ministry said.

Piyush Goyal said on Tuesday. He said these agreements were signed and implemented during the UPA regime.

apparel and footwear may become a larger part of the global sourcing for brands like Zara, H&M, Marks and Spencer and Gap with finance minister Nirmala Sitharaman announcing a lot of exemptions on import duties of raw materials for apparel and footwear only when they are further exported. Local manufacturers said this will make the Indian produce price competitive in the global market compared to Bangladesh, Vietnam, Cambodia, China, and Southeast Asian nations.

Narendra Modi on Sunday announced that India will contribute one million dollars to the UNESCO World Heritage Centre to provide support for heritage conservation in countries, especially of the Global South. Speaking at the inauguration of the 46th session of the World Heritage Committee at Bharat Mandapam in New Delhi today, PM Modi said that India considers the preservation of global heritage as its responsibility, and hence, is providing support for heritage conservation not only in India but also in countries of the Global South. «India considers the preservation of global heritage as its responsibility, and hence, we are providing support for heritage conservation not only in India but also in countries of the Global South. India is assisting in the conservation of many heritages like Angkor Wat in Cambodia, Cham Temples in Vietnam, and Bagan Stupa in Myanmar. In this direction, I am making an announcement. India will contribute one million dollars to the UNESCO World Heritage Centre. This grant will be used for capacity building, technical assistance, and the conservation of world heritage sites,» PM Modi said.

Cambodian currency exchange and payments company Huione Pay has been implicated in laundering over $150,000 in cryptocurrency stolen by the notorious North Korean hacking group Lazarus.

Mint examines this question and more. The Shanghai Cooperation Organisation (SCO) was formed in 2001. It evolved from an earlier avatar known as the Shanghai Five, comprising Russia, Kazakhstan, Kyrgyzstan, Tajikistan and China.

Huione Guarantee, an online marketplace operated by the Cambodian conglomerate Huione Group, has been involved in facilitating online scams in Southeast Asia.

PLI scheme, the government is in the final stages to put in place similar processes for other manufacturing units, an official said. The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians, who are required for works like installation or repair of certain machines, besides training workers in India. «Most of the PLI (production-linked incentive scheme) visas have been taken care of. For general manufacturing also, we are trying to create a better streamlined SOP… that is with the Ministry of Home Affairs. It's at the final stages. We are hoping to sort it out. We have done a lot of sensitisation,» the official said. The rollout of SOPs does not require any approval from the Union cabinet as it is an internal process to relax norms «a bit» for facilitating visa applications of Chinese professionals or technicians whose expertise is required by domestic manufacturing units, the official added.