Economy

Video: Many Fish, Few Buyers This Prahok Season

The annual catch of the small fish used to make prahok, Cambodia’s famously pungent fish paste, has been abundant this year, fishers and traders say. But there appear to be fewer buyers around, and prices have dropped by as much as half, they say.

Illicit drugs confiscated by authorities (Chorn Chanren/VOD)

Highly Connected Mango Firm Denies Link to Major Drug Raid, Shootout

Eighty tons of ketamine precursors have been found following a fatal shootout and seizure of 1.4 tons of the drug that led authorities to a Kampong Speu lab, where a prominent agroindustrial company said it was merely leasing facilities within the same compound.

Prime Minister Hun Sen, in a photo posted to his Facebook page on November 1, 2021.

Hun Sen Announces ‘Full Reopening,’ Home Quarantine for Some

Prime Minister Hun Sen announced the reopening of the country at a vaccination event on Monday, and did not detail if there would be further relaxing of existing quarantine measures but said he was considering lifting restrictions on “high-risk” businesses.

The Covid-19 checkpoint and entrance hall at Naga 2 on October 28, 2021. (Danielle Keeton-Olsen/VOD)

NagaWorld Built Empire With Offshore Companies, Loans From CEO

NagaWorld built its business — which earned more than $1.7 billion in yearly revenue before the pandemic — in part through the CEO’s use of his offshore companies and a series of loans that lifted the casino company’s value, according to documents and emails released in a major leak of offshore enterprise documents.

Files

Cambodia-Based Businesspeople, Both Prominent and Obscure, Show Up in Pandora Papers

VOD identified nine offshore companies connected to Cambodian nationals or Cambodia-based business owners in the sweeping leak of offshore company files known as the Pandora Papers. A deeper look at the business history hints at further connections to powerful individuals for some of the companies included, while others are little-known.