Cambodia boosts digital cultural industry with China
PHNOM PENH, June 29 (Xinhua) -- The 2025 Hi View platform and the first Cambodian AI short drama were launched here on Sunday, aiming to promote the innovative application of AI-Generated Content (AIGC) technology in Cambodia's digital cultural industry.
The event was co-organized by China's Guangxi Yaoxiang Cultural Communication Co., Ltd. and Cambodia's BKL Media Production Company.
Pok Borak, director of the Department of Cinema and Cultural Promotion of Cambodia's Ministry of Culture and Fine Arts, said cooperation between Cambodian and Chinese firms would help boost the development of the digital cultural industry in the Southeast Asian country.
The ministry fully supports the development of the Hi View platform and looks forward to Chinese partners building bases and cultivating AIGC digital cultural talents in Cambodia, he said.
Thien Narom, general manager of BKL Media Production Company, said the Chinese firm-backed AIGC technology will drive the creation of new films and television content formats at an even faster pace.
"Through the AIGC technology, stories will be converted into AI short dramas or short videos efficiently and easily to attract a wider audience," she said. "We must seize this opportunity to promote Cambodia's beautiful culture to China and the world."
Wang Jie, general manager of the Chinese company, said the Hi View has thousands of short play contents, which are available for viewing online, adding that the first Cambodian AI short drama was entirely produced by using AIGC technology.
Wang said that at the Hi View platform, film lovers can watch short plays at any time on diversified subjects such as love, comedy, life, science, fiction, travel, and culture, among others in different languages.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
an hour ago
- New Straits Times
Dollar droops as optimism over US trade deals boosts Fed easing bets
TOKYO: The dollar wallowed near its lowest in nearly four years against the euro on Monday as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The greenback also languished near a four-year low versus sterling and a more than decade trough to the Swiss franc after Washington and China moved closer to a tariff agreement, even as US President Donald Trump injected some uncertainty into the market's bullish narrative by abruptly cutting off trade talks with Ottawa. Investors interpreted Fed Chair Jerome Powell's testimony to US Congress last week as dovish, after he said that rate cuts were likely if inflation does not spike this summer due to tariffs. Bets for at least one quarter-point reduction by September have risen to 92.4 per cent, according to CME Group's FedWatch Tool, from about 70 per cent a week earlier. The Fed's rate-setting committee also meets next month, but does not gather in August. "The market pricing implies a cut as a slam dunk in September," Chris Weston, head of research at Pepperstone, wrote in a client note. Friday's monthly US payrolls report is "the marquee risk event" this week, Weston said, and the risk to the dollar "seems asymmetric given the Fed's reaction function is biased towards the timing of the next cut." That means the dollar is more likely to suffer a rout on weak numbers than rally on a hot outcome, he said. An additional weight on the dollar came from Trump's continued assault on Powell, saying on Friday that he would "love" if the Fed chief resigned before his term ends in May. Trump also said he wants to cut the benchmark rate to one per cent from the current 4.25 to 4.50 per cent, and reiterated that he plans to replace Powell with a more dovish chairperson. Investors are also keeping an eye on Trump's massive tax-cut and spending bill, which is currently before the Senate and could add US$3.3 trillion to the national debt over a decade, according to the Congressional Budget Office. The dollar index – which measures the US currency against six major counterparts, including the euro, sterling and franc – edged up 0.10 per cent to 97.28, but was still not far from the more than three-year low of 96.93 late last week. The euro was slightly weaker at US$1.1716, just off the highest level since September 2021 reached on Friday at US$1.1754. Sterling was little changed at US$1.3709, hovering close to Thursday's peak of US$1.3770, a level not previously seen since October 2021. The dollar was steady at 0.7988 Swiss franc, after dipping to 0.7955 franc on Friday for the first time since January 2015, when the Swiss National Bank unexpectedly removed a cap on the currency's value against the euro. The US currency was flat at 144.58 yen. US Treasury Secretary Scott Bessent said on Friday that Washington and Beijing had resolved issues surrounding shipments of Chinese rare earth minerals and magnets to the United States, further modifying a deal reached in May in Geneva. He also said various trade deals with other countries could be done by the US Labor Day holiday on September 1, suggesting some wiggle room on Trump's July 9 deadline to reach deals or face aggressive "reciprocal" tariffs. "USD will be driven by US trade developments this week in our view," Commonwealth Bank of Australia analysts wrote in their weekly FX strategy report. "We are sceptical so many trade deals can be agreed so quickly," they said. "Nonetheless, news that some trade deals have been agreed will support the USD against the major currencies – EUR, JPY and GBP – (and) the USD will likely decrease against other currencies such as AUD." The risk-sensitive Australian dollar ticked up slightly to US$0.6537, edging back towards Thursday's 7-1/2-month high of US$0.6563.
New Straits Times
an hour ago
- New Straits Times
China's Ant Group invested US$3.26 billion in R&D in 2024
SHANGHAI: Chinese financial technology firm Ant Group said on Monday that it has increased investment in research and development (R&D) for four consecutive years since 2021, reaching a record high of 23.45 billion yuan (US$3.26 billion) in 2024. The company made the disclosure in its 2024 sustainability report.
The Star
an hour ago
- The Star
Engineer loses RM275,000 to online Moomoo scam
ALOR SETAR: A 57-year-old engineer lost RM275,000 after falling for an online investment scam known as Moomoo, say police. Kedah Commercial Crime Investigation Department (CCID) chief Supt Loi Yew Lik said the victim responded to an investment offer involving Chinese currency on April 20 by clicking a WhatsApp link. He later communicated with several individuals using the numbers 019-200 7253 and 019-234 5678. 'The scammers promised a 10% return within days, prompting the victim to transfer RM275,000 in eight transactions between May 27 and June 13 to two company accounts under the names Cisi Infra Solution and Cisi CPT Infra Trading,' he said yesterday, Bernama reported. When the victim did not receive the profits, he grew suspicious as the scammers continued requesting more money, claiming it was needed to release his returns and initial capital. He lodged a police report after realising he had been cheated. Supt Loi advised the public to verify any investment offers with the police or to use tools such as the Mule Check app, the CCID Facebook page, or to contact the National Scam Response Centre at 997.
