Chinese own more than 90% of Sihanoukville businesses, says report
- phuketrichard
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Chinese own more than 90% of Sihanoukville businesses, says report
fucking amazing??
Chinese are taking over and proves that everything is for sale!!!
Chinese are taking over and proves that everything is for sale!!!
https://www.phnompenhpost.com/business/ ... tv9WHSZsIYChinese nationals own more than 90 per cent of businesses in Sihanoukville, ranging from hotels, casinos, restaurants to massage parlours, according to a report from Preah Sihanouk provincial authorities.
Speaking during a meeting on sustainable work and strengthening security and public order in Preah Sihanouk province on Monday, provincial police chief Chuon Narin said the province has received a lot of investment from foreigners, especially the Chinese.
The province is rapidly growing in all areas such as hotels, guesthouses, casinos, restaurants, and other businesses, he said.
According to Narin, there are currently 156 hotels and guesthouses in Preah Sihanouk province, of which 150 are Chinese-owned. There are 62 casinos, of which 48 are invested in by the Chinese.
He said there are 41 karaoke clubs and 46 massage parlours owned by the Chinese as well. Of the total 436 restaurants in the province, 95 per cent are managed by Chinese nationals.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
- frank lee bent
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
I mentioned that even the market stalls in psar leu have been taken over and got furious denial from members here esp that half Irish fool who infests TOF and is married to a PRC citizen.
It is true despite the Wu Mao apologist propaganda.
It is true despite the Wu Mao apologist propaganda.
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
Wow that’s shocking. But not really.
99.9% of the businesses are on Cambodian owned land or Cambodian owned buildings leased to the Chinese. (I don’t know. Maybe 90% or 100%, but a lot)
One day they will yank the carpet away. You’ll see.
99.9% of the businesses are on Cambodian owned land or Cambodian owned buildings leased to the Chinese. (I don’t know. Maybe 90% or 100%, but a lot)
One day they will yank the carpet away. You’ll see.
- phuketrichard
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
how do you know?
I'd think the building's are owned by Cambodian companies with ONLY Chinese voting shareholders
and who cares, 99 year lease is same as owning it, as i doubt the planet will be around that long
I'd think the building's are owned by Cambodian companies with ONLY Chinese voting shareholders
and who cares, 99 year lease is same as owning it, as i doubt the planet will be around that long
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
No idea that’s why I said “I don’t know”.
That’s a very good point about leases. What fools the Chinese are in taking 99 year leases (that’s usually for land right?) as the world will end before then. Haha. Who’s laughing now!
I know two big casinos are leased on 10 year rolling contracts and they are owned by two Okhnas. 333 KTV is also on a 10 year lease and is owned by a local 100%.
That’s a very good point about leases. What fools the Chinese are in taking 99 year leases (that’s usually for land right?) as the world will end before then. Haha. Who’s laughing now!
I know two big casinos are leased on 10 year rolling contracts and they are owned by two Okhnas. 333 KTV is also on a 10 year lease and is owned by a local 100%.
Re: Chinese own more than 90% of Sihanoukville businesses, says report
I’d agree with Dave.
I know local business people in Chinaville and they own the land and buildings. Not many are jointly owned.
I don’t think people are denying it’s happening just that it’s not necessarily a bad thing. Now yes but in 10 20 years time? No.
But I doubt I’ll be around anyway by then. Lol.
Sent from my iPhone using Tapatalk
I know local business people in Chinaville and they own the land and buildings. Not many are jointly owned.
I don’t think people are denying it’s happening just that it’s not necessarily a bad thing. Now yes but in 10 20 years time? No.
But I doubt I’ll be around anyway by then. Lol.
Sent from my iPhone using Tapatalk
Don’t listen to Chinese whispers.
Re: Chinese own more than 90% of Sihanoukville businesses, says report
never heard of a 99 yr lease in SHV longest was 15yrs ............................................
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
When I read this it reminded me of the big speech last week of CPP not allowing colonisation of Cambodia https://m.phnompenhpost.com/national/pm ... n-invasion
Seems like they need a dictionary
noun
noun: colonisation
the action or process of settling among and establishing control over the indigenous people of an area.
"Africa boasts a tradition of higher education institutions that predate Western colonization"
the action of appropriating a place or domain for one's own
Seems like they need a dictionary
noun
noun: colonisation
the action or process of settling among and establishing control over the indigenous people of an area.
"Africa boasts a tradition of higher education institutions that predate Western colonization"
the action of appropriating a place or domain for one's own
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Re: Chinese own more than 90% of Sihanoukville businesses, says report
According to Narin, there are currently 156 hotels and guesthouses in Preah Sihanouk province, of which 150 are Chinese-owned.
Shocking figures that seem excessive to me, because for example, that would leave only 22 non-Chinese restaurants in the whole of Sihanouk province, but who am I to argue with the Chief of Police.Of the total 436 restaurants in the province, 95 per cent are managed by Chinese nationals.
But do the maths.
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