Consumerism booms as Cambodia embraces once-forbidden capitalism

[riky]

Consumerism booms as Cambodia embraces once-forbidden capitalism

<p><a href="http://news.yahoo.com/consumerism-booms-cambodia-embraces-once-forbidden-capitalism-213459573--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/UZRhFPZG.YGmn6oq3HuJdg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9Njk7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-09-28T213459Z_1_LYNXNPEA8R0M2_RTROPTP_2_CAMBODIA-ECONOMY.JPG" width="130" height="86" alt="Chy Sila, CEO of CBM Corporation, holds his mobile phone while driving a car in Phnom Penh" align="left" title="Chy Sila, CEO of CBM Corporation, holds his mobile phone while driving a car in Phnom Penh" border="0" /></a>By Prak Chan Thul PHNOM PENH (Reuters) - Chy Sila has come a long way since he invested his $500 life savings in a small shop in Cambodia's capital to sell bootleg music and pirated movies. Fast-forward 16 years and Cambodians are now watching the films he distributes not on scratchy DVDs but in a $5 million multiplex theater, a joint venture with Thailand's Major Cineplex and the centerpiece of a new mall owned by Japanese retail giant Aeon that drew 2 million visitors in its opening month. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login