Cambodia Financial News

31.08 / 11:01

Tether Money laundering Major Singapore Banks Named in $740 Million Money-Laundering Scandal in Which Police Seized Millions in Crypto

Top local and international banks in Singapore have found themselves entangled in one of the city-state’s biggest money-laundering scandals, encompassing over $740 million.

30.08 / 11:05

Facebook Digital Man Extreme track country Inside Thai police say man kills his family after online scam leaves them in massive debt

At least 11 people are suspected to be involved with a loan scam that allegedly drove a man to kill his wife and two young boys before trying to take his own life in their family home, Thai police said Wednesday

27.08 / 16:05

Cooper Aviat Celebrity country Dubai-bound Air India Express flight in Kozhikode delayed by 12 hours due to technical snag

Air India Express issued an apology via a statement for the significant delay of nearly 12 hours and the resulting inconveniences experienced by the passengers. "Our flight from Kozhikode to Dubai was held for a few hours today while we tried to resolve a technical issue.

25.08 / 17:13

Provident Waves FIVE Maxim Aviat Airlines Nestle Junk offsets feeding wave of greenwashing: Study

Corporations relying on carbon credits to support their green claims now face “robust and credible” proof that the vast majority of such securities aren’t fit for that purpose, according to a study published in the journal Science.

22.08 / 18:39

UPS Aviat Aware CEO Airlines Boeing Air India Express readies flights to take 2nd spot

Air India Express has chalked out an aggressive expansion drive deploying 50 Boeing 737 Max planes by the end of 2024. The airline is aiming to corner a firm second place, behind market leader IndiGo, in the cut-throat Indian domestic market, people aware of the development said. Air India Express, which currently has 25 aircraft, is in the process of being merged with AirAsia India, which has 28 Airbus A320neo planes.

21.08 / 14:07

Progressive country ASEAN India, Asean to intensify efforts to conclude FTA review by 2025

India and the 10-nation bloc Asean on Monday said they have directed their officials to intensify their efforts to conclude the review of the existing free trade agreement in goods between the two regions by 2025. The issue was discussed during the twentieth AEM (Asean Economic Ministers)-India Consultation meeting, held at Semarang, Indonesia. According to a joint media statement, the meeting welcomed the progress of the review of the Asean-India Trade in Goods Agreement (AITIGA).

21.08 / 04:21

UPS Progressive Manufacturing Solar US tariffs New US tariffs to hurt solar exports from Southeast Asia

solar exports from Southeast Asia, saying the move will slow clean energy deployment and harm climate progress. “We’ve gone from toasting the anniversary of the Inflation Reduction Act and its positive impacts on America’s energy transition to lamenting the imposition of harmful solar tariffs that will severely constrict solar availability in the US,” Gregory Wetstone, president of the American Council on Renewable Energy, said Friday in an interview.

20.08 / 14:07

UPS Platform country ASEAN India, Asean decision on review of free trade agreement in goods expected tomorrow

free trade agreement on goods between India and the 10-nation Asean bloc may be taken up during a meeting in Indonesia on Monday, an official said. The issue will come up for discussion and decision during the India-Asean economic ministers meeting on Monday. The meeting is being held on the sidelines of the ongoing meeting of the Economic ministers of ASEAN.

17.08 / 10:11

Cooper Action China's new military base in Cambodia threatens India's security | Mint Primer | Mint

China's establishment of a new naval base in Cambo... moreChina's establishment of a new naval base in Cambodia, close to the Malacca Strait linking the Indian Ocean and South China Sea, raises concerns for India's maritime future.

12.08 / 15:41

Southern track exclusive China's vessel Shi Yan 6 prepares to dock at Colombo port raising doubts over Sri Lanka's promises to India

India's sensitive security and strategic concerns. This is not the first time Sri Lanka will give space to China's military vessels as in August 2022, a Chinese vessel known for its role in tracking ballistic missiles, Yuan Wang 5, successfully moored at the harbor of Hambantota.

10.08 / 06:57

UPS Reuters Strategy Inside ASEAN US President US President Joe Biden's Asia trip unlikely to include attendance at ASEAN summits

Reuters further reported Biden is not anticipated to travel to Indonesia. Furthermore, a Washington-based ambassador representing an ASEAN member revealed that Indonesia was informed on Monday about Biden's decision to not attend. Asked if it was correct that Biden would not be going to Indonesia, a senior White House official told Reuters on Tuesday: "We're still working on it ...

09.08 / 18:23

UPS Williams Waters SPY country foreign As China looks to set up second military base on foreign soil, what it means for India?

Hambantota port tops this list of eight international ports where China is most likely to land its second overseas base. China built a full-fledged naval base at Djibouti in the Horn of Africa in 2017.

08.08 / 18:21

UPS BLOCK country India seeks bigger role in Indo-Pacific as China continues on aggressive path

maritime space and eyeing the same India is focusing on a larger role in Indo-Pacific. The recent developments in the region are hinting that India is seeking a big-brother role in the Indo-Pacific region, especially for countries affected by China's expansionist policies.

08.08 / 13:45

Blockchain Stablecoin CBDC Adoption Payments Japanese startup to use stablecoins and CBDC to link Asian countries

Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.

05.08 / 15:47

Provident Racing Strategy Dreams stage China's naval base in Cambodia is ‘not a cause of alarm’ for India: Former Navy chief

Chinese assistance, is just another step in Beijing’s unfolding grand strategy for achieving the “China Dream", or attainment of Super Power status by 2047 or earlier. The CPC had realised at an early stage that an essential prerequisite for achieving the China Dream was for China to become a maritime power," Admiral Arun Prakash said.

05.08 / 13:21

Cooper Waters Action country China's new military base in Cambodia threatens India's maritime security - Here's why

NDTV reported on Saturday. The Chinese naval base in Cambodia is close to the Strain of Malacca, a crucial point that links the Indian Ocean with the South China Sea.

26.07 / 02:09

Reuters Manufacturing Cough syrup row: India suspends another drugmaker's manufacturing license

Gambia and Uzbekistan last year. The WHO flagged contamination with unacceptable amounts of diethylene glycol and ethylene glycol, which are considered toxic to humans when consumed and can prove fatal, in samples taken from a batch of cough syrup made by QP Pharmachem Ltd, based in the northern Punjab state. However, the company denied wrongdoing and told Reuters it planned to appeal against the suspension.

25.07 / 21:15

UPS Citi Cooper country social Indonesian police crack down on traffickers who sent 122 people to sell their kidneys in Cambodia

Indonesian police are investigating the illegal trade in human organs involving police and immigration officers who were accused of helping traffickers send 122 Indonesians to a hospital in Cambodia to sell their kidneys

23.07 / 13:41

Racing Cambodia's ruling party claims landslide win in one-sided election

By Prak Chan Thul

22.07 / 02:37

COST UPS show Taliban exploiting remains of destroyed 6th-century 'Buddhas of Bamiyan' for money

ANI, Massimo Introvigne, an Italian sociologist of religions and author, shared in his article on Bitter Winter how he refrained from visiting Afghanistan, despite being a keen traveller, to prevent the Taliban from benefiting from the sites they themselves had demolished. “The Afghan regime desperately needs cash. It cannot show the Bamiyan Buddhas for the good reason it blew them up.

19.07 / 07:49

Digital Cooper Waters Highways country 'India advances neighbourhood first and Act East policies..,' says S Jaishankar on BIMSTEC, MCG meet

digital payment systems and trade settlements, as well as strengthening cooperation in cyber security and prevention of transnational crimes." Thailand's Deputy Prime Minister and Minister of Foreign Affairs, Don Pramudwinai, chaired the Retreat, which saw the participation of Foreign Ministers from Bangladesh, Bhutan, India, Myanmar, Nepal, and Sri Lanka. During the Retreat, the Ministers reached a consensus to conduct such gatherings on a regular basis, preferably in the first quarter of each year.

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