"I think Phnom Penh has become far more confident in its own voice. A few years ago, much of the retail and lifestyle scene felt either NGO-adjacent or heavily expat-driven. Now there's a noticeable shift toward Cambodian-led creative businesses that are designing for a more discerning local audience."
This law is the most important legal instrument for Cambodia in combating scams online, fighting money laundering and demonstrating that Cambodia is not a paradise or a safe haven for criminals. The new legislation approved by the Cabinet sets five to 10 years in prison and a fine of 500 million to 1 billion riels for organizing or directing a technology fraud site.
The announcement of a "Comprehensive Strategic Partnership" between Brussels and Hanoi last week places the EU side by side with China, the United States, and Russia as one of Vietnam's top-tier diplomatic relationships. Vietnamese President Luong Cuong described it as a "historical milestone underlining the great achievements that the two sides have made," during a meeting with the head of the European Council, Antonio Costa, in Hanoi.
This month, Cambodian Prime Minister Hun Manet wrote to French President Emmanuel Macron, saying that Phnom Penh would also welcome expertise and advisory support from the former colonial power. "The prime minister firmly believes that France's continued engagement will serve the shared objective of achieving a just and lasting solution, allowing the Cambodian and Thai peoples to live side by side in peace, security, good neighborliness and prosperity for generations to come," Cambodia's Foreign Ministry said in a press release.
During his recent delegation to Beijing-the first by a Canadian prime minister since relations between the two countries became strained in 2018-Mark Carney agreed to allow 49,000 Chinese electric vehicles into the Canadian market at a reduced tariff rate. The move was presented as a pragmatic reset that could draw joint-venture capital back into Canada's auto corridor and offer relief to an industry squeezed by United States president Donald Trump's trade war.
The upgrade places the EU on the same diplomatic footing as the United States, China and Russia and was announced during a visit to Hanoi by European Council President António Costa. "At a moment when the international rules-based order is under threat from multiple sides, we need to stand side by side as reliable and predictable partners," Costa said, adding that the partnership is about "developing spheres of shared prosperity."
China's state media is calling on the Canadian government to set a foreign policy path independent of the United States - what it calls "strategic autonomy." Canada has long been one of America's closest allies, geographically and otherwise. But Beijing is hoping that President Donald Trump's economic aggression - and, now, military action - against other countries will erode that longstanding relationship. The government bristled at former U.S. President Joe Biden's efforts to strengthen relations with Europe, Australia, India, Canada and others to confront China.
Of all countries, China should appreciate the need to stop Mr. Maduro from smuggling these illicit drugs into the U.S., killing tens of thousands of Americans. China experienced this in the Opium War of 1839-1842, when Great Britain forced opium on China, despite government protestations, resulting in the humiliating Treaty of Nanjing, ceding Hong Kong to Great Britain. Mr. Maduro was violating U.S. laws, in a conspiracy to aid enemies and kill innocent Americans.
Philippine Foreign Secretary Theresa Lazaro said on Thursday that ASEAN has not endorsed the three phases of the elections that were held in Myanmar, which concluded last weekend. Lazaro was speaking after hosting ASEAN's first major ministerial meetings this year in the central Philippines city of Cebu, where the Myanmar crisis was high on the agenda. Asked in a news conference if the bloc did not recognise the elections, Lazaro said yes, as of now.
Chinese authorities on Thursday confirmed that Cambodia had extradited a tycoon accused of running a massive online scam operation. Chinese-born Chen Zhi is chairman of Prince Holding Group, one of Cambodia's largest conglomerates that the US says has served as a front for "one of Asia's largest transnational criminal organizations." The US had indicted and sanctioned him in October on fraud and money-laundering charges over running a multibillion-dollar cyberscam network from Cambodia.
"Both sides agreed on "shuttle diplomacy" three years ago, with regular meetings at the highest level. Lee's national security adviser, Wi Sung Lac, said the summit's goal was to build trust between the South Korean and Japanese leaders. Lee and Takaichi discussed ways to boost cooperation in a raft of areas including cutting-edge technologies such as artificial intelligence, combating cross-border crime, and promoting people-to-people exchanges."
Chinese-born tycoon Chen Zhi, who was indicted by the US on fraud and money-laundering charges for running a multibillion-dollar online scam network from Cambodia, has been arrested there and extradited to China, Phnom Penh said. Chen allegedly directed operations of forced labour compounds across Cambodia, where trafficked workers were held in prison-like facilities surrounded by high walls and barbed wire, according to US prosecutors.
