Cambodia is struggling to recover its tourism sector, as geopolitical tensions and its growing reputation as a cybercrime hub keep tourists at bay. Once a key driver of the country’s economy, the industry has dwindled to make up 9.4% of its gross domestic product in 2024, compared to 12.1% in 2019, according to data from…
Amber Casino and former scam center, owned by Chen Zhi, a Chinese businessman who was deported to China, is seen in Sihanoukville, Cambodia, on Jan. 18, 2026. Anadolu | Anadolu | Getty Images Chinese-language money laundering networks funneled an estimated $16.1 billion in illicit funds through cryptocurrency transactions in 2025, according to a report released…
The U.S. State Department announced Wednesday it will pause issuing immigrant visas to citizens of 75 countries over concerns that they may rely on public assistance in the future. In a post on X, the U.S. government said immigrants from the list of countries “take welfare from the American people at unacceptable rates.” The list,…
Anutin Charnvirakul, Thailand’s prime minister, speaks to members of the media on the sidelines of a seminar in Bangkok, Thailand, on Thursday, Nov. 20, 2025. Dario Pignatelli | Bloomberg | Getty Images Thailand’s king has approved the dissolution of parliament, deepening political instability in the Southeast Asian nation ahead of an attempt by the U.S….
INCHEON, SOUTH KOREA – OCTOBER 18: Sixty-four South Koreans who had been detained by Cambodian immigration authorities arrive at Incheon International Airport on a chartered flight in Incheon, South Korea, on October 18, 2025. Anadolu | Anadolu | Getty Images South Korea became the latest country to impose sanctions on Prince Group, a multinational network…
The Department of Justice has seized about $15 billion worth of bitcoin held by a man who oversaw a massive “pig butchering” fraud operation based in Cambodia, prosecutors said Tuesday. The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in…
OpenAI’s ChatGPT Go has expanded to a total of 18 countries across Asia, according to an announcement made yesterday. Nurphoto | Nurphoto | Getty Images OpenAI has expanded its lower-cost subscription plan, ChatGPT Go, to 16 more countries across Asia, company head Nick Turley announced Thursday. “Making ChatGPT more affordable has been a key ask…
Inside a Crocs store at Queens Center in New York. Ryan Baker | CNBC Casual footwear company Crocs plans to reduce orders for the second half of the year amid what its CEO called a “concerning” environment for the consumer. “We see the U.S. consumer behaving cautiously around discretionary spending. They are faced with current…
