News
US sanctions threaten Kingdom’s confidence despite anti-scam efforts
The US Treasury Department Monday imposed sanctions on networks of scam centres operating across Southeast Asia, a decision that could affect Cambodia’s investment, trade, banking credibility, tourism recovery and digital economy, despite the Royal Government’s ongoing efforts to combat illicit activities. ...
Nhean Chamrong
https://www.khmertimeskh.com/501754268/us-sanctions-threaten-kingdoms-confidence-despite-anti-scam-efforts/
US Treasury sanctions Myanmar, Cambodia cyber scam networks
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sweeping sanctions on cyber scam networks operating in Myanmar’s Shwe Kokko region, with additional locations in Cambodia, allegedly run by Chinese criminal networks, also targeted. ...
Niem Chheng
https://www.phnompenhpost.com/national/us-treasury-sanctions-myanmar-cambodia-cyber-scam-networks
Ministry: US sanctions on tycoon Ly Yong Phat and L.Y.P. Group “unjust”
Cambodia’s Ministry of Foreign Affairs and International Cooperation has expressed “deep regret” over what it described as the “unjust” decision by the US Department of the Treasury (USDT) to impose sanctions on business tycoon Ly Yong Phat and several enterprises in the country. ...
Niem Chheng
https://www.phnompenhpost.com/national/ministry-us-sanctions-on-tycoon-ly-yong-phat-and-l-y-p-group-unjust-
US imposes sanctions on Oknha Pheap and Kun Kim
The Ministry of Foreign Affairs and International Cooperation expressed strong dismay on Monday over the designation of Cambodian tycoon Oknha Try Pheap and General Kun Kim under the US’ Global Magnitsky Act. “It is very disturbing when the public figures of a country become the ...
Mech Dara
https://www.phnompenhpost.com/national-politics/us-imposes-sanctions-oknha-pheap-and-kun-kim
