Residents at a housing development in Phnom Penh say they have not been given land titles for homes and land they purchased from a real estate developer, alleging the company pawned their properties.
The Cambodian economy has recovered to pre-pandemic levels in several areas, but instability around the world threatens its outlook, a World Bank report said today.
Monkey exporter Vanny Bio-Research said it would “stand firm by its business model” and denied a U.S. court indictment that it was shipping thousands of endangered wild macaques overseas.
A flamboyant real estate entrepreneur with connections to larger property firms has been arrested for a second time for writing checks without sufficient funds.
More than 1,000 constructions have been left unfinished in Preah Sihanouk province, said provincial officials. Sihanoukville, in particular, was in recent years the epicenter of a nationwide construction boom.
Amid U.S. reports alleging Cambodia is giving space to the Chinese military at the Ream Naval Base, Defense Minister Tea Banh on Wednesday inaugurated construction on a major ship-maintenance facility there.
The potential scope of the destruction of the forest, home to a wildlife rescue center and endangered animals, was not previously disclosed.
Increasing development on Koh Dach, known in English as Silk Island, is breaking down the island community’s older roads with no clear plans yet to rebuild, residents say.
Kem Sokha, Cambodia’s ex-opposition leader still awaiting the resumption of his treason trial, has put his six-bedroom Toul Kork district home on the market for $2.4 million.
The government is asking property developers to show leniency toward people struggling to pay installments on their gated homes and condominiums, even as a spokesman said a separate youth-led campaign calling for suspending microfinance repayments was illegal.
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