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Boom Boom Town...

Money is power but greed is blind, another cultural icon disappeared on Phnom Penh.

The words smart and growth never seem to go together. Here a business that employed many Khmer nationals at a good salary boarded up as the rent was more than tripled. The result- the high rate of rent has kept this building unoccupied for over 2 years. The structure is surely rotting but the value of the land is probably going up on speculation from FDI. Just another piece of evidence avvountants and financial advisors don't have windows in their offices.

Car versus tuk tuk battle rages on.
Boom boom town has broken down.

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