Cambodia Financial News

An Australian online classifieds marketplace is beefing up its Asian footprint ahead of a potential ASX listing.

NEW DELHI : India may sign a memorandum of understanding (MoU) with its key diplomatic partner Indonesia to sell up to 1 million tonnes (mt) of white rice annually, two government officials said. India’s 20 July ban on non-basmati white rice exports comes even as Indonesia plans to safeguard food security against disruptions caused by the El Nino weather pattern and difficulties with supplies from Vietnam, the current major supplier. Although Indonesia is self-sufficient in rice production, it procures rice through MoUs when there is uncertainty in meeting its domestic demand.

United States is all set to get its largest Hindu temple next month on October 8. The BAPS Swaminarayan Akshardham is located 90 km south of Times Square in New Jersey. The 183-acre temple took nearly 12 years to be built and its construction has involved more than 12,500 volunteers from across the US. As per reports, the temple has one main shrine, 12 sub-shrines, nine shikhars (spire-like structures), and nine pyramidal shikhars.

Singapore police say they have uncovered more luxury watches, gold bars and other assets from a massive money laundering scheme that was busted last month, bringing the total amount of assets seized or frozen to $1.75 billion

Ngor won an Academy Award for Best Supporting Actor for his role in his debut film, 'The Killing Fields'. With his role in the 1984 historical drama based on the genocide committed by the Pol Pot regime in Cambodia, Ngor became the first Asian-American to win in the category. Haing S Ngor's life came to an end on February 25, 1996, when he was killed outside his Los Angeles home. Initially, it appeared to be a botched-up robbery, but more details eventually emerged suggesting the possibility of shadowy forces behind the scene.

Indian Navy has placed orders for 68 warships and vessels valued at approximately Rs 2 lakh crore. As per a TOI report, this strategic move aligns with India's overarching goal of safeguarding its extensive geostrategic interests and countering China's expanding presence in the Indian Ocean Region (IOR). The Indian Navy, currently boasting 132 warships, 143 aircraft, and 130 helicopters, has received preliminary approval, known as 'acceptance of necessity' (AoN), for the construction of eight next-generation corvettes, nine submarines, five survey vessels, and two multi-purpose vessels within India in the forthcoming years. Despite grappling with the slow-paced construction in domestic shipyards, the phased decommissioning of aging vessels, and fiscal constraints, the Navy anticipates achieving a force level of approximately 155-160 warships by 2030. However, the figures remain dynamic.

ICG) ship Samudra Prahari, a specialised pollution control vessel, is currently on an overseas deployment to ASEAN countries, officials said on Sunday. The deployment is from September 11 to October 4, according to an official statement. This deployment is part of India's ASEAN initiatives for marine pollution response, showcasing the pollution response capabilities of the ICG and its commitment to addressing marine pollution issues and enhancing capacity in the region, the statement said. The ship is equipped with a Chetak helicopter in pollution response configuration, enhancing its capabilities in the area.

Indian football team will kick start their Asian Games campaign in the opener match against the host China on Tuesday. The Asian Games is scheduled to start from September 23 but the football event will begin from September 19, as per Olympics.com. The men's football event at the Asian Games starts on September 19 and will run till October 7. Since 2002, the men's football event at the Asian Games has been an under-23 affair, with each team allowed a maximum of three players above 23 years of age. There are 23 teams participating in the men's event, where they have been divided into five groups of four teams each and one group of three teams. The Indian men's football team is in Group A with hosts China, Bangladesh and Myanmar. The top two teams from each group and the four best third-placed teams across all groups will advance to the round of 16. The Republic of Korea are the defending champions and the most successful nation in men's football at the Asian Games with five titles.

The leaders of China and Zambia have announced an upgrading of their ties as the world’s second-largest economy forges deeper ties with the Global South

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.

Cambodia's new prime minister, Hun Manet, has arrived in Beijing on his first official trip abroad since taking office last month

Mint takes a closer look at the idea and the benefit it offers. An economic corridor, a term coined by the Asian Development Bank, is an integrated network of infrastructure—including rail, road, and port—within a defined geographical area that connect various economic hubs. They link centres of production with centres of consumption.

₹12-15 lakh for his services over a two-month period. According to a report in The Indian Express, around 100 messages were exchanged between Stimac and Sharma between May and June 2022. The Indian team had played around 4 matches during this period against the likes of Cambodia, Afghanistan, Hong Kong and Jordan.

Chris Evans disclosed that he married Alba Baptista, a 26-year-old Portuguese actor. It is reported that the couple quietly tied the knot this month. Chris Evans and Alba Baptista reportedly exchanged vows during a private ceremony at a Cape Cod estate on September 9 and 10, 2023, as reported by People. Notably, Chris Evans' Marvel co-stars, such as Robert Downey Jr., Chris Hemsworth, John Krasinski and Emily Blunt, were present. The wedding was not officially confirmed by the their representatives. Here, everything to know about Alba Baptista, the wife of Chris Evans:

President Joe Biden heads to a Vietnam that’s looking to dramatically ramp up trade with the United States

An official says that one of Myanmar’s biggest and most powerful ethnic minority militias has arrested and repatriated more than 1,200 Chinese nationals allegedly involved in criminal online scam operations

Indonesia’s president has issued a stark warning after wrapping up a summit of Southeast Asian countries that was joined by China, the United States and Russia

Narendra Modi will also embark on his visit to Indonesia on Wednesday to attend the summits tomorrow. The forthcoming ASEAN-India Summit will be the first Summit since the elevation of ties between India and the Association of South East Asian Nations bloc of countries to a Comprehensive Strategic Partnership in 2022.

Singapore after a 17-year-old Indian student died in June during one such trip to Cambodia. Kaira Karmakar, a student of United World College of South East Asia (UWCSEA) on Dover Road, died in a road accident on June 1 while she was on an unchaperoned school trip to Cambodia's capital Phnom Penh, The Straits Times reported. She was with a group of classmates, and there were no teachers or adult representatives accompanying them. The school declined to say how many students were part of the group, the news report said. In an email sent to Kaira's parents on June 1, UWCSEA informed that their daughter had died while in Cambodia for the school's project week. As per the school guidelines, students have the option of going on an overseas field trip for project week as part of the Grade 11 curriculum, and that it is «designed to support readiness for independent life» after graduation. The process is supervised by a teacher who does not go on the trip. UWCSEA head of college Nick Alchin said in an email on June 7 that the school is planning to have an external investigation done into the accident in addition to reviewing the project week guidelines. Alchin said the final report will be submitted to the audit and risk committee of the school's board of governors, which is responsible for reviewing school processes. However, one parent told The Times that it has been nearly three months and there has been no update on the incident since the June 7 e-mail from Alchin. «The school has not informed the parents of the outcome of the investigation and obviously expects that this has been forgotten throughout the summer holidays.

Canada’s status within the Indo-Pacific region is set to get a boost as the Association of Southeast Asian Nations prepares to make Ottawa its latest strategic partner when Prime Minister Justin Trudeau visits Indonesia.

Narendra Modi will visit Indonesia's capital Jakarta on September 6 and 7 to attend the ASEAN-India and East Asia summits, said the Ministry of External Affairs in an official statement on Saturday. Shoring up India's trade and security ties with the 10-nation Association of Southeast Asian Nations (ASEAN) is likely to be the focus of Modi's engagement with leaders of the bloc, according to PTI reports.