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Investment gone bad: Kampot Tycoon arrested after villagers lose more than $40 million

Investment gone bad: Kampot Tycoon arrested after villagers lose more than $40 million
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300 victims file formal complaints against arrested tycoon Saron

300 victims file formal complaints against arrested tycoon Saron
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Kampot oknha arrested over $40M of losses in realty fraud

Kampot provincial police arrested Chea Saron, who holds the honorific title Oknha, and his eight accomplices for alleged fraud perpetrated on over 2,000 families, bilking them out of nearly $40 million total through “scam” real estate projects.

Fresh banana exports to China rebound

Cambodia's fresh banana exports to regional markets in the first quarter of the year have improved compared to 2022, mainly due to the lifting of Covid-19 lockdowns in China – the Kingdom’s biggest market – and a reduction in shipping costs, said Longmate Agriculture CEO Hun Lak.

Fresh banana exports to China rebound

Cambodia's fresh banana exports to regional markets in the first quarter of the year have improved compared to 2022, mainly due to the lifting of Covid-19 lockdowns in China – the Kingdom’s biggest market – and a reduction in shipping costs, said Longmate Agriculture CEO Hun Lak.

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