Tomato Specialized Bank (TSB) has had a tumultuous innings in Cambodia.
Right from its inception in 2008, the bank has been experiencing a series of poor performances. In 2015, for instance, TSB’s net profit amounted to $78,000 and a high non-performing loan (NPL) ratio of 14.4 percent.
However, things have taken a turn for the better for TSB with the introduction of advanced bank operation practices with active loan disbursements.
Nguyen Thy Yem and her husband, Bouy Thanh Men, have been using drugs since they married a decade ago. Together, they do meth and heroin in the backstreets of the capital. But Thanh Men insists that he and his wife are users, not dealers. Nonetheless, his wife now faces drug-dealing charges after being arrested on January 10. She and four others scooped up in the raid in Chbar Ampov district are just a few of the many recently snared in a new nationwide crackdown on drugs.
A Chinese firm and its local partner have floated a proposal for a $100 million aquaculture project in Cambodia that would include fish farms, a feed mill and a fish processing plant. Representatives of China Ocean Fishing Holding Ltd and local holding company Khmer Holding Group Co Ltd held a presentation for Ministry of Agriculture officials this week to present their plans for the commercial aquaculture project.
The number of rapes and serious crimes committed against children in Cambodia rose by more than 10 percent last year, according to figures from the Child Protection Unit obtained yesterday. The CPU, a joint initiative set up by the Cambodian Children’s Fund and the National Police in 2013, investigated 269 serious crimes against children aged 13.5 and under in 24 provinces in 2016, as well as homicides of children aged 15 and younger.
With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern
Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.
Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".
With KEM Probiotics and Kirum Kampot Pepper Herbal Tea, PPM/Confirel develops its extraordinary line of health and wellness products made in Cambodia.
Business tycoon Try Pheap yesterday celebrated the launch of a new subsidiary company, Try Pheap Grand Royal, a motorcycle assembly plant in Kandal province, by donating 228 imported Hunjia motorcycles to government ministries, the milit
Social stigma, lack of understanding and high costs are creating a shortage of physiotherapists just as demand for such therapy is expected to rise.
Thailand’s Buriram United notched up another impressive win on their pre-season tour, trouncing Phnom Penh Crown 6-0 in a friendly at the RSN Stadium on Wednesday evening.
A drunk and distracted driver managed to drive directly into the back of a stationary vehicle in Phnom Penh’s Daun Penh district on Wednesday.
Korean cuisine is fast taking over the upmarket restaurant scene, from the Americas and Europe to Southeast Asia, with the World Health Organization praising it as a model of balance, harmony and taste.