The move will restrict international investment and trade flows to and from the Southeast Asian country.
Financial Action Task Force (FATF), a global money-laundering watchdog, says it has concerns that the country is highly vulnerable to money laundering.
They will put Cambodia on its “grey list” within the next couple of months.
Zohran Mamdani wins NYC mayoral race, capping meteoric rise
Zohran Mamdani, a 34-year-old democratic socialist, won the New York City mayoral race on Tuesday, capping a meteoric rise from a little-known state lawmaker to one of the country's most visible Democratic figures, and the first Muslim mayor of the largest US city.
Death toll rises to 11 in fire at Bosnian retirement home
The death toll in a fire at a retirement home in Tuzla in northern Bosnia rose to 11 on Wednesday and about 30 people were injured, police and prosecutors said.
Driver rams into pedestrians in western France, nine injured
A driver rammed into pedestrians and cyclists on France's Oleron island off its Atlantic coast on Wednesday, Interior Minister Laurent Nunez said, and at least nine people were injured before he was arrested, according to local officials.
Philippines begins cleanup after Typhoon Kalmaegi leaves at least 85 dead
Residents of the central Philippines on Wednesday began scraping mud from streets and homes that survived after Typhoon Kalmaegi killed at least 85 and left dozens missing as it tore through the region.
The UAE has announced a AED 170 billion package of national transport and road projects to be completed by 2030, aimed at easing congestion and improving mobility across the country.
Dubai’s Roads and Transport Authority (RTA) has rolled out a new fare structure for taxis booked via smart apps, but the changes will not affect passengers hailing taxis directly on the street.
The UAE has already achieved 67 per cent of its national goals under the "We the UAE 2031" vision — with six years still to go.
