KUALA LUMPUR (AFP) — Resource-hungry nations are snapping up huge tracts of agricultural land in poor Asian nations, in what activists say is a “land grab” that will worsen poverty and malnutrition. Global trends including high prices for oil and commodities, the biofuels boom, and now the sweeping downturn, are spurring import-reliant countries to take [...]
Posts Tagged ‘property’
Real Estate Crunch Hits Local Banks
December 30th, 2008 
Cambodian News Nearly every morning over the last few weeks, owners of construction companies around Phnom Penh have gathered at their sites, looking sadly on under-constructed homes they’ve been unable to sell. These investors worry constantly over how to collect the large sums they need to pay back loans they made for real estate investment. Experts worry [...]
Experts predict Cambodian real estate market to recover by 2010
December 17th, 2008 Cambodian News PHNOM PENH, Dec. 16 (Xinhua) — Economists said that the nearly one billion U.S. dollars in foreign aid pledged to Cambodia by donor nations last week could boost the country’s sagging real estate market as early as 2010, national media reported Tuesday. Kang Chandararot, president of the Cambodia Institute for Development Study, told the Phnom [...]
Posted in Business 
Tags: Business, Market, Ministry of Economy and Finance, property, Real estate 
No Comments »Four Villages Tried in Kampot Dispute
December 16th, 2008 Cambodian News One man received six months in jail and three were released on Monday when Kampot provincial court tried four villagers accused of property destruction, following a land dispute with local military. The four were charged following a complaint brought by officials of RCAF Division 31. The courts sentenced Nhek Chantha, 52, to six months with [...]