News

Japanese condo developer unfazed by concerns of oversupply

Despite warnings that an oversupply of luxury condominiums is imminent due to the number of new projects being built, a leading Japanese investor in the property sector in Cambodia says the market remains very attractive because two decades of strong economic growth are fuelling demand ...

May Kunmakara
http://www.khmertimeskh.com/news/20716/japanese-condo-developer-unfazed-by-concerns-of-oversupply/

After jail, Pov gains following

Before he was arrested in January, Vorn Pov and the union he created were not widely known outside of activist circles. But when he emerged from Phnom Penh’s CC1 prison on Friday, he walked away as one of the highest-profile unionists in the country, and a ...

Kevin Ponniah, May Titthara and Sen David
http://www.phnompenhpost.com/national/after-jail-pov-gains-following

Institute feeling crowded

Construction work at the site of Phnom Penh’s Buddhist Institute by Hong Kong-listed casino operator NagaCorp has caused concern among staff that the large development is driving away students. In recent days, a wall separating the institute from Hun Sen Park in Chamkarmon district’s Tonle Bassac ...

Chhay Channyda
http://www.phnompenhpost.com/national/institute-feeling-crowded

Details murky in Environment Ministry Phnom Penh land swap

In 2011, the Environment Ministry entered into a deal with the Ratana Cooperation and Construction company to swap its valuable 2,400-square-meter location on Sihanouk Boulevard in Phnom Penh’s Tonle Bassac commune for a 9,000-square-meter plot of land and a new headquarters 20 km away in ...

Khy Sovuthy
http://www.cambodiadaily.com/news/details-murky-in-environment-ministry-phnom-penh-land-swap-53323/

Community Marks Fifth Anniversary of Violent Eviction

About 150 members of the former Dey Krahorm community in Phnom Penh’s Chamkar Mon district marked the fifth anniversary on Friday of the day mechanical excavators, security guards and authorities destroyed their homes to make room for a real estate project. Much like on past anniversaries, ...

Khuon Narim and Denise Hruby
http://www.cambodiadaily.com/news/community-marks-fifth-anniversary-of-violent-eviction-51017/

Barriers block streets, customers

Security barricades and razor-wire installations set up around Phnom Penh yesterday were supposed to maintain order as the opposition Cambodia National Rescue Party kicked off what it promised to be three days of mass protests. But the show of force and control had more of an ...

Post Staff
http://www.phnompenhpost.com/business/barriers-block-streets-customers

E-card holders concerned about SIM card exchange

Mfone e-card holders are concerned that the cards can no longer be used after the change from Mfone’s SIM card to Cellcard’s SIM and, along with officials, are unsure of a solution. Wholesalers and retailers have expressed concern that they will lose money when the scratch ...

http://www.phnompenhpost.com/2013012961038/Business/e-card-holders-concerned-about-sim-card-exchange.html

Complaint Filed as Anti-Flooding Project Begins

As dignitaries marked the groundbreaking of a project to improve Phnom Penh’s defenses against flooding yesterday, a complaint had already been filed against the project’s contractor for impeding a public road. The Japanese government is putting $46 million into a new phase of the city’s flood ...

Residents seek market price

Representatives of 32 families living in the capital’s Chamkarmon district staged a protest yesterday in Tonle Bassac commune, pleading with Prime Minister Hun Sen to intervene on their behalf against the Thai Bun Roong company, which they say is forcing them to sell their land ...

http://www.phnompenhpost.com/index.php/2011102052253/National-news/residents-seek-market-price.html

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