Phnom Penh (VNA) - The National Assembly of Cambodia on June 4 adopted two draft laws on anti-money laundering (AML) and counter-terrorist financing (CFT) and on combating the financing of weapons of mass destruction (WMD) proliferation. Speaking at the assembly's session, Cambodian Interior Minister Sar Kheng said the country became a member of the Asia Pacific Group (APG) on Money Laundering in 2004 and as its member, the kingdom is required to follow international standards on combating money laundering, terrorist financing and WMD proliferation financing. According to the official, the draft law on AML and CFT is designed to combat money laundering and terrorist financing by identifying measures to control, prevent, crack down on and eliminate them. It also stipulates measures to freeze, restrain and seize assets in criminal proceedings, and to punish perpetrators. Meanwhile, the draft bill on combating the financing of WMD proliferation was aimed at controlling on providing … [Read more...] about Cambodia passes draft bills to curb money laundering, weapon financing
Money pit movie
Hanoi (VNS/VNA) - Non-cash payment activities have developed strongly in recent years with many payment services such as digital banks and e-wallets. A new trend of developing payment services on mobile devices, called mobile money, is also being implemented. Many economists have said that competition between e-wallets and mobile money might not happen as each payment method has different goals and market share. Economist Can Van Luc said customers of each payment method were quite different. Mobile money will mainly focus on those who already have phone numbers. The customers of this payment method are everywhere including in rural, urban, remote and mountainous areas. Mobile money and e-wallets have the same purpose of creating a community which uses cashless payment. However, mobile money helps people using mobile accounts to transfer money and pay goods with small value quickly, so its payments have limited value compared to e-wallets. On the flipside, economist … [Read more...] about How will mobile money affect e-wallets?
His other MVs, including Lạc Trôi, Chạy Ngay Đi, Nơi Này Có Anh (I’m Here) and Chúng Ta Không Thuộc Về Nhau (We Don't Belong Together), have earned over 100 million views on YouTube, making him the year’s most popular artist in the country. … [Read more...] about Sơn Tùng M-TP’s Sky Tour Movie to be released in cinemas
Administrative procedures for the first metro line in HCMC called Line 1 (Ben Thanh-Suoi Tien) is nearing its completion after being delayed time and time again due to disbursement complications. Despite its administrative roadblocks that puzzle the city’s authorities, the promised metro project has been railing in big cash for real estate investors and the real estate market in general. … [Read more...] about HCMC: Urban railway promises big money for real estate
By 8:30 this morning, Saigon Jewelry Joint Stock Company (SJC)’s buying and selling prices of its gold bars were at VND49.93 million and VND50.35 million, an increase of VND230,000 in buying price and a VND180,000 per tael in selling price compared to price Tuesday afternoon’s session. … [Read more...] about People flock to sell gold as prices rocket