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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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India to Summon Amazon, Flipkart Executives Amid Intensified Regulatory Scrutiny

India's financial crime agency plans to summon Amazon and Flipkart executives in its investigation of alleged foreign investment law violations, following recent raids on some sellers affiliated with these e-commerce giants.

The Enforcement Directorate is examining evidence from the raids, which revealed potential violations of India's e-commerce regulations. Indian law prohibits foreign e-commerce companies from holding inventory directly, requiring them instead to operate as a marketplace for independent sellers.

Amazon and Flipkart, with 32% and 24% market shares, respectively, in India’s growing $70 billion e-commerce market, are under scrutiny for allegedly exerting "end-to-end control" over inventory through select sellers, which contradicts Indian regulations.

The investigation includes a five-year review of business data and seller relationships. Amazon’s former top seller, Appario, reportedly received special privileges, including discounted fees and access to exclusive retail tools.

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