Political analyst Kim Sok speaks to the press yesterday outside the Phnom Penh Municipal Court. Heng Chivoan
Prime Minister Hun Sen filed a second defamation and incitement complaint against political analyst Kim Sok yesterday, the same day a prosecutor denied the analyst’s request to postpone today’s questioning regarding the first lawsuit.
In an interview with Radio Free Asia on Continue reading
Rapid urban development is changing the landscape of Phnom Penh as well as its property market, with developers moving away from low-cost shophouses or low-rise apartments toward more luxurious dwellings.
Various skyscraper developments can be seen popping up all across the city, many of which will cost buyers hundreds of thousands of dollars, mainly due to the plethora of amenities being offered. Most developments incorporate high-end comforts such as swimming pools, gyms and parks within their grounds, while others include commercial space for offices and stores.
Mixed-use development is becoming increasingly popular in Phnom Penh as developers combine residential properties with commercial space to give buyers greater convenience and accessibility without having to leave their residential compound.
Mixed-used projects are more efficient for homeowners who need not travel very far for various services or amenities, which in turn can improve their carbon footprint. Such developments also make for better utilization of the land and also create a stronger character for a neighborhood.
However, such properties remain a risky investment for both developers and buyers as economic success is contingent on many different factors, like the residential property itself as well as the various businesses that set up shop there.
Mixed-use developments are also far more expensive to construct than single-use buildings, which compound the selling price. The higher initial investment also entails that buyers only see a return in the long term, especially when compared with single-use buildings.
Source: Khmer Times
Officials examine the dead turtle which was released into the wild in 2015. Supplied
An adult female royal turtle, among 21 of the endangered species released into the wild with installed microchips and GPS transmitters in 2015, has been found dead due to illegal electrofishing in Koh Kong province’s Sre Ambel district.
According to the Wildlife Conservation Continue reading
Supply of condos is going into overdrive in the capital. Hong Menea
After market conditions took a turn for the worse in mid-2016, the condo market was the first to put its foot on the brakes with the suspension of high-profile condo The Bay in August, which was subsequently followed by a slowdown in sales in the high-end condo sector.
If the rate of housing sales this year Continue reading
Last year’s drought was one of the worst on record. KT/Chor Sokunthea
THE government has warned people to be careful about water supplies – for people and animals as well as rice fields – due to fears of a repeat of last year’s drought.
Nhem Vanda, the vice-president of the National Committee for Disaster Management (NCDM), said yesterday the 2016 drought was very difficult.
In some areas such as in Battambang province, villagers Continue reading
Traffic is backed up. Eventually drivers yelled at the protesters. Supplied
Former employees of the defunct Chung Fai Knitwear factory blocked National Road 2 for an hour yesterday morning in the hope of getting the attention of authorities.
The workers have been demonstrating at Continue reading
Families have been involved in a long-running dispute with at least 12 companies. KT/Mai Vireak
Two groups of protesters were stopped by Daun Penh security forces yesterday from handing over petitions to the Prime Minister, with one incident resulting in four injuries.
About 100 protesters representing 190 families from Koh Kong province’s Sre Ambel and Botum Sakor districts, who have been embroiled in land disputes involving the Continue reading