News

TTY tycoon owes potato debt, villagers say

TTY director-general Na Marady, a well-known Cambodian tycoon, has been accused of owing money to farmers from whom he bought potatoes on credit more than a year ago in Memot district’s Koki and Kompoan communes in Kampong Cham province. The villagers complained on Friday that Na ...

http://www.phnompenhpost.com/index.php/2012051456149/National-news/tycoons-debt-no-small-potatoes-say-villagers.html

Company backtracks, says villagers will now get land

The director of TTY rubber company, whose guards shot four land protestors in Kratie province last week, said he will give land back to the protesting villagers, backtracking on his vow Friday not to give up any of the land granted to him by the ...

Deals to Export Rice, Cassave to China Made

Cambodia’s TTY Corporation Co Ltd signed a $20 million deal yesterday with the state-owned China Grain Reserves Corp to process and export rice to China. The deal between TTY Corp and China Grain Reserves Corp’s Guangzhou branch, called Sinograin, was sealed with an agreement to ...

(Hul Reaksmey, p 27)
http://www.camnet.com.kh/cambodia.daily/

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