March celebrating International Workers' Day coincided with announcement of further US sanctions on island.
Officials say they are discussing a possible transfer of IPGL-subsidiary’s stake to local Iranian company temporarily to avoid sanctions
The US government has imposed sanctions on a Cambodian senator alleging he is at the heart of a sprawling scam network, as the Southeast Asian nation comes under intense pressure – including from China – to eliminate a cybercrime industry worth nearly US$20 billion a year. The US Treasury tagged Senator Kok An, a tycoon with close ties to former leader Hun Sen whose son is now prime minister, and 28 other associates as “specially designated nationals” suspected of controlling “scam compounds...
Hong Kong holds the unwanted distinction of being the most US-sanctioned territory in China, with more than 300 entities blacklisted by Washington in a bid to curb Beijing’s technological rise. But the government maintains that a backlash from Washington will not stop Hong Kong from becoming an international technology hub, in line with an initiative that seeks to bypass technological containment through deepened partnerships with the mainland. Anchored by the cross-border Hetao Shenzhen-Hong...