Nam Long Investment Corp., Vietnam’s biggest affordable housing developer, plans to move to building satellite towns, which are taking hold as rising incomes in Southeast Asia feed surging demand for suburban-style living.
Inside a nondescript office building in central London, a roomful of men and women sit at computer screens and talk over Skype with people in faraway places. Sharp-edged Cantonese fills the air, and a flat-screen TV emits a continuous din. It’s the chanting, singing Midlands crowd at Birmingham, England’s Villa Park Stadium: Liverpool at Aston Villa. The match has just kicked off.
Min Sovannry wasn’t born when the Communist Khmer Rouge took power in 1975 and abolished Cambodia’s money, markets and financial system. Now the 21-year- old college student can’t wait to embrace capitalism.
Cambodia has set up an inquiry to determine the cause of a stampede on a bridge last night that killed at least 378 people during an annual water festival which draws more than a million rural residents to the capital.
“Dho ri min dho?” The cry rings out every night in Phnom Penh, chanted by thousands of teens as they roar past on cheap motorbikes. The riders are merry; they wave flags, bang drums, call out to passers-by. The oldest among them look like they’re in their 20s. They have one question about this weekends’ elections, the fourth round of polls since the United Nations restored civil rule to Cambodia in 1993: Change or no change?
Cambodia banned the country’s opposition party from holding protests in Phnom Penh after a clash that killed four people yesterday, Xinhua News Agency reported today, citing the capital’s municipal governor, Pa Socheatvong.