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CGTN: Head-of-state diplomacy promotes ironclad friendship between China and Cambodia

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CGTN published an article highlighting how Chinese President Xi Jinping’s visit has promoted the ironclad friendship between China and Cambodia, the fruitful results in economic and trade cooperation between the two countries, and how cultural exchanges boost China–Cambodia ties.

BEIJING, April 18, 2025 /PRNewswire/ — China and Cambodia set a model for equality, mutual trust and win-win cooperation between countries of different sizes, Chinese President Xi Jinping said on Thursday while meeting with Cambodian King Norodom Sihamoni during his state visit to Cambodia.

Xi said he believes Chinese modernization will bring more opportunities to neighboring countries, including Cambodia, noting that building a China–Cambodia community with a shared future is a choice of history and the people.

China–Cambodia relations have withstood the test of global transformations and have always remained rock-solid. The bilateral ties were forged and nurtured by the older generation of leaders of the two countries.

In February 2023, during the then Cambodian Prime Minister Hun Sen’s visit to China, the two sides agreed to develop a “diamond cooperation framework” with six priority areas: political cooperation, production capacity and quality, agriculture, energy, security, and people-to-people exchanges.

In September 2023, Hun Manet chose China as his first official overseas destination after assuming office as Cambodia’s prime minister. During his meeting with Chinese President Xi Jinping, Hun Manet pledged to further carry forward the ironclad friendship between Cambodia and China.

In May 2024, a road in Phnom Penh was named “Xi Jinping Boulevard” by the Royal Government of Cambodia to honor the Chinese leader’s historic contributions to the country’s development. At the naming ceremony, Hun Manet highlighted that bilateral ties have entered their best period in history under the leadership and joint efforts of Xi and Cambodian leaders.

Fruitful results in economic and trade cooperation

First, two-way trade has expanded remarkably thanks to the Regional Comprehensive Economic Partnership (RCEP) free trade deal and the China-Cambodia Free Trade Agreement (FTA). China has been Cambodia’s largest trading partner for 13 consecutive years. And in 2024, two-way trade reached $17.83 billion, up by 20.7 percent year-on-year.

The approval for high-quality Cambodian agricultural and fishery products such as rice, bananas, mangoes, longans, coconuts and basa fish to enter the Chinese market has not only graced the dining tables of Chinese consumers but also boosted the incomes of Cambodian people.

Second, investment cooperation has continued to deepen. China has remained Cambodia’s largest source of foreign investment for 13 consecutive years, with investments spanning a wide range of sectors, including transportation, power, agriculture, manufacturing, tourism, special economic zones, as well as information and communications technology, characterized by extensive coverage, large scale and strong results.

About 95.4 percent of the Cambodian respondents have a positive attitude toward Chinese companies investing or operating in Cambodia. And 95 percent believe that China has made positive contributions to the development of the world economy, according to a recent CGTN poll. 

Cultural exchanges boost China–Cambodia ties

In addition to political and economic cooperation, the two countries have set an example in conducting cultural exchanges, which not only strengthen mutual understanding but also draw closer bonds between the two peoples.

China–Cambodia people-to-people exchanges, as a key pillar of China–Cambodia friendship and cooperation, were boosted by the China-Cambodia People-to-People Exchange Year 2024.

Over the years, the medical cooperation programs, including “Love Heart Journey,” “Bright Journey” and “Smile Journey,” have provided quality health care service to grassroots populations in more than 20 Cambodian provinces and cities.

As a cultural bridge between the two countries, the Confucius Institute has also provided free Chinese courses to more than 100,000 Cambodian learners since its establishment in Cambodia in 2009.

The cultural exchanges between the two countries are expected to continue to expand under the guidance of the China-proposed Global Civilization Initiative, which will benefit areas ranging from culture, youth, media, think tanks, tourism, and technology to healthcare and cultural relics restoration.

“Let us have more frequent people-to-people exchanges. We should uphold solidarity and harmony, have more cultural dialogues, increase experience sharing on state governance, expand diverse forms of cooperation in areas of culture, tourism, youth exchange and protection and restoration of cultural heritages, and promote people-to-people connectivity,” Xi said in a signed article ahead of his arrival in Cambodia for a state visit.

https://news.cgtn.com/news/2025-04-17/Head-of-state-diplomacy-promotes-China-Cambodia-ironclad-friendship–1CE47UnGmt2/p.html

SOURCE CGTN

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Accelecom says KCNA is Deceiving the Public About KentuckyWired

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May 13, 2025

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 KCNA is Threatening to Disconnect Access to Essential Service Providers, Including Schools and Hospitals

LOUISVILLE, Ky., May 12, 2025 /PRNewswire/ — The Kentucky Communications Network Authority (KCNA) is deceiving the people of Kentucky about the KentuckyWired project, which it has completely mishandled. In an attempt to conceal its gross incompetence—which has already cost the Commonwealth a fortune, with more to come—KCNA has advanced the false narrative that others, this time Accelecom, are to blame for the state of the project. That is categorically false, and it’s time to set the record straight.

Accelecom has faithfully honored the Wholesaler Agreement and, indeed, has supported KCNA over and above its requirements, even lending millions to KCNA to replace critical infrastructure that was left to rot due to KCNA’s deficient maintenance practices. KCNA complains publicly of the absence of wholesale customers and dark-fiber sales, yet Accelecom currently has 44 wholesale customers for dark-fiber and lit services and KCNA is denying dozens of wholesale dark-fiber sales transactions, some that have been pending KCNA’s review since 2023.

Meanwhile, KCNA has repeatedly breached the agreement in numerous ways. First by denying Accelecom access to make connections that KCNA had long reviewed and eventually by canceling the contract before its disputes with Accelecom—legitimate disputes being pursued in Kentucky courts and with the Finance Administration Cabinet (FAC)—have been resolved. To make matters worse, having exhausted its construction budget due to persistent cost overruns, KCNA breached the Wholesaler Agreement by giving away thousands of miles of its dark fiber network to third parties in exchange for construction services. The dark fiber capacity given away by KCNA is many times what it expected Accelecom to sell over its entire lifetime of the contract.

Regardless, and in the face of KCNA’s deplorable conduct, Accelecom has remained faithful to the project and fighting every day to keep the KentuckyWired system up and running.

There is no need to disconnect customers. The “emergency” that is causing so much distress is entirely of KCNA’s making. They are disregarding their contractual duties and harming the public. Accelecom, by contrast, stands ready, willing and able to continue honoring its obligations to KCNA and its customers.

Concerned citizens and business owners should make their voices heard and hold KCNA leadership to account. It is not too late to salvage this critical infrastructure project, but it soon will be. The time to act is now.

About Accelecom
Accelecom is a leading provider of next-generation fiber solutions across the Southeastern United States, delivering high-speed network, internet, voice and managed services solutions to wholesale, public sector, and business customers across the region. With its extensive fiber network and commitment to bridging the digital divide, Accelecom enables organizations to accelerate innovation, leverage emerging technologies & enhance digital transformation. For more information, visit the Accelecom website and follow the company on Facebook, LinkedIn, Instagram, and Twitter.

View original content to download multimedia:https://www.prnewswire.com/news-releases/accelecom-says-kcna-is-deceiving-the-public-about-kentuckywired-302453101.html

SOURCE Accelecom

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Mahipal Reddy Yalla, COO & CTO of Virtual Networx Inc., Joins Forbes Technology Council

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May 13, 2025

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Mahipal Reddy Yalla joins Forbes Technology Council, recognized for innovation in AI, infrastructure automation, and enterprise IT leadership.

DALLAS, May 12, 2025 /PRNewswire-PRWeb/ — Mahipal Reddy Yalla accepted into Forbes Technology Council Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs, and technology executives.

This opportunity allows me to share insights, engage with visionary leaders, and strengthen our mission at Virtual Networx to drive enterprise innovation through AI and automation.” — Mahipal Reddy Yalla, COO & CTO, Virtual Networx Inc

Mahipal Reddy Yalla, COO & CTO of Virtual Networx Inc., a leader in AI-powered IT infrastructure and automation solutions, has been accepted into Forbes Technology Council.

Mahipal was selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

As a member of the Council, Mahipal has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected leaders in a private forum. Mahipal will also have the opportunity to share his expert insights in original articles and contribute to published Expert Panels alongside other experts on Forbes.com.

“I’m honored to join the Forbes Technology Council. This opportunity allows me to share insights, engage with visionary leaders, and strengthen our mission at Virtual Networx to drive enterprise innovation through AI and automation.”

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

To learn more about Forbes Councils, visit https://councils.forbes.com

Media Contact

Mahipal Reddy Yalla, Virtual Networx Inc, 1 6264163666, vni.info@virtualnetworx.com, https://virtualnetworx.com

View original content to download multimedia:https://www.prweb.com/releases/mahipal-reddy-yalla-coo–cto-of-virtual-networx-inc-joins-forbes-technology-council-302452064.html

SOURCE Virtual Networx Inc

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Beating the Fraudemic: Sumsub Debuts WTF Summit in Singapore

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May 13, 2025

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Bringing Together Global Experts to Spearhead Collaborative Efforts in Building the Future of Digital Trust

SINGAPORE, May 13, 2025 /PRNewswire/ — Sumsub, a global full-cycle verification platform, today announced the launch of its inaugural flagship event—What The Fraud Summit (WTF Summit), the first visionary summit to beat the global fraudemic. The first edition of the event is set to take place at Andaz Singapore from November 19 to 20, 2025. With an assembly of over 500 experts and industry leaders from fraud prevention, compliance, financial crime, regulation, and product innovation, the WTF Summit aims to bridge the gaps between fraud prevention, AI-driven security, regulatory shifts, and digital resilience to formulate actionable anti-fraud strategies to drive the future of digital trust.

With the democratization of fraud and the continuously evolving fraud tactics, Asia-Pacific (APAC) has witnessed a 121% year-on-year increase in identity fraud in 2024, revealed by Sumsub’s 2024 Identity Fraud Report. Another alarming trend observed globally is that nearly half of companies and end users worldwide reported being victims of identity fraud at least once last year, and businesses suffer a loss of approximately $300,000 per fraud event.

“With the rapidly growing fraud risks across the globe, we recognized a critical need for a dedicated platform for industry leaders, regulators and fraud experts to have bold conversations and exchange actionable insights to beat the global fraudemic,” said Andrew Sever, Co-founder and CEO of Sumsub. “By launching the WTF Summit in APAC, we aim to fill the gap in discussions surrounding the multifaceted nature of fraud prevention in the region. Our goal is to collaborate with top minds to craft holistic strategies to create a safer digital future for everyone.”

Top Industry Voices to Shape the Future of Fraud Prevention 

The WTF Summit presents a diverse lineup of speakers, including renowned experts and thought leaders from the space of fintech, crypto, tech, and compliance to connect the dots between fraud prevention, AI security, regulation, and resilience. 

Among all, some of the highlighted speakers at WTF Summit include (arranged in no particular order):

Frans Wiwanto, Managing Director, APAC, FlywireDavid Song, Head of Digital Business Unit, Green Link Digital BankJoseph Gan, CEO, V-KeyAnson Zeall, Founder, Azentiq NexusDesmond Yong, Founder, Meta Alpha, and Legal & Compliance DirectorEelee Lua, Co-founder & COO, DefySteve Craig, Founder & CEO, PEAK IDVAnnette Lu, Head of Compliance, APAC, Hex Trust

Speaker nomination is now open and available here.

In-depth Agenda Addressing Modern Fraud Challenges 

The WTF Summit is designed to deep dive into modern fraud challenges through a mix of keynote sessions, panel discussions, hands-on workshops and networking opportunities.

At the Main Summit (November 20), attendees can look forward to sessions that provide practical takeaways focused on four key topics:

AI & Fraud: How emerging AI-driven fraud schemes are evolving and what proactive defenses businesses need to stay ahead;Digital Identity: Best practices from various industries in securing digital identity while ensuring accessibility and compliance;Compliance: The shifting regulatory landscape, including fraud and compliance trends, risk intelligence, and fraud detection;Crypto: Addressing cross-border challenges, tokenization, and regulatory shifts in the digital asset space.

In addition, Sumsub will offer expert-led workshops with certifications on the day before the Main Summit (November 19). The workshops will be in three specialized modules, which are related to modern scams and deepfakes, smart and compliant onboarding, as well as AML investigations and case management respectively.

The workshop series is proven to equip participants with hands-on experience and practical training, as Sumsub has already successfully conducted similar workshops for INTERPOL and other organizations.

Limited Early Bird Ticket Offer Opens Now

Tickets to WTF Summit can be purchased at the official website: https://sumsub.com/wtf-summit/. The first 100 tickets can enjoy an early-bird discounted offer.

Follow the official LinkedIn page of WTF Summit for the latest updates.

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About Sumsub

Sumsub is a full-cycle verification and ongoing monitoring platform that secures the whole user journey. With Sumsub’s customizable KYC, KYB, Transaction Monitoring, Fraud Prevention and Travel Rule solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.

Sumsub has over 4,000 clients across the fintech, crypto, transportation, trading, edtech, e-commerce and gaming industries including Duolingo, Bitpanda, Wirex, Avis, Bybit, Vodafone, Kaizen Gaming, and TransferGo.

 

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/beating-the-fraudemic-sumsub-debuts-wtf-summit-in-singapore-302452425.html

SOURCE Sumsub

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