News

Residential property prices see steady growth

A property expert and investor in the construction sector says that home prices have increased between 10 and 20 per cent so far this year compared to last year. Kim Heang, president of Khmer Real Estate, says that demand for property in boreys is healthy. Most ...

Siv Meng
http://www.phnompenhpost.com/real-estate/residential-property-prices-see-steady-growth

Burger King chain to expand

Burger King will launch another three restaurants in Cambodia by the end of the year, according to a company official, in a move that will bolster the fast food chain’s share of a market dominated by KFC. Somach Sovary, support manager for Burger King Cambodia, said ...

Eddie Morton
http://www.phnompenhpost.com/business/burger-king-chain-expand

Man charged for firing slingshot at protesters

Two days after uniformed security personnel were recorded on video in Phnom Penh chasing and beating demonstrators at will, a man police say admitted to using a slingshot at the scene to “inflame protesters’ anger towards police” was charged in court. After two hours of questioning ...

Khouth Sophak Chakrya
http://www.phnompenhpost.com/national/man-charged-firing-slingshot-protesters

De Castle Royal construction moves ahead at a princely pace

Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/de-castle-royal-construction-moves-ahead-princely-pace

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