News

Ministry: US sanctions on tycoon Ly Yong Phat and L.Y.P. Group “unjust”

Cambodia’s Ministry of Foreign Affairs and International Cooperation has expressed “deep regret” over what it described as the “unjust” decision by the US Department of the Treasury (USDT) to impose sanctions on business tycoon Ly Yong Phat and several enterprises in the country. ...

Niem Chheng
https://www.phnompenhpost.com/national/ministry-us-sanctions-on-tycoon-ly-yong-phat-and-l-y-p-group-unjust-

Thai fugitive linked to casino fire received Cambodian citizenship, shares business ties with Tycoon Ly Yong Phat

Fugitive Thai politician Vatana Asavahame, linked to management of the Poipet casino devastated by a deadly fire last week, received Cambodian citizenship in a 2008 royal decree, according to documents viewed by CamboJA. ...

Jack Brook and Sovann Sreypich
https://cambojanews.com/thai-fugitive-linked-to-casino-fire-received-cambodian-citizenship-shares-business-ties-with-tycoon-ly-yong-phat/

New shophouse project in a good location

The Ly Yong Phat (LYP) Group announced it will invest millions of dollars to develop The Premier Land project to meet the demand for shophouses, thanks to the potential the location has for the development. ...

Sum Manet
http://www.khmertimeskh.com/50102543/new-shophouse-project-in-a-good-location/

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