An illegal logger in Cambodia has dropped an address book during a bust, leaving behind details of corrupt government officials and spying rangers. The man fled after being intercepted by police over an illegal haul of rare rosewood in Koh Kong province earlier this month. .... "We were able to confiscate the wood, and we stumbled upon this treasure trove of names... continue
The general director of a local rice wholesaler accused of defrauding business associates in a deal has lashed out at the judiciary – claiming delays in legal processing have left him imprisoned for 13 months without trial. ...
Sovann Veasna is accused of cheating three businessmen – Keo Remy, who is also vice-chairman of the government’s Press... continue
International pharmaceutical companies are increasingly looking to sell their products to Cambodia, although the market is full of obstacles, according to experts. After several big international players announced sales expansion plans, two companies from Indonesia, a major manufacturing hub in Southeast Asia, are planning to follow. Kalbe Farma, Indonesia’s largest listed pharmaceutical company, told the Jakarta Globe on Tuesday that it plans... continue
ACLEDA Bank, the largest locally owned commercial bank in Cambodia, said it has raised its current registered capital by $72.5 million, to $185.6 million, for business expansion domestically and internationally. It is the tenth time the bank has done so.... continue
Prime Minister Hun Sen on Wednesday told landowners in the coastal province of Kep to pay their taxes on unused land and increase the amount of investment in the area to attract more visitors. According to the law, unused land is subject to a 2 percent tax that must be paid by the registered owner before September 30 of the relevant... continue
AEON Microfinance (Cambodia) Co Ltd says it has expanded its installment payment services into the agricultural sector, a new business type industry insiders say could be successful, but will still not be enough to strengthen one of Cambodia’s most crucial economic sectors. “We will co-operate with agricultural equipment shops and provide the instalment [sic] for appliances such as cultivators, which cost... continue