09.11.2012 - Cambodia real estate could benefit from QE3
Cambodia's highly dollarized economy could benefit from a rush of foreign capital into Asia unleashed by the U.S. Federal Reserve's latest economic stimulus, unlike some of its Asian neighbors, as it lifts demand for real estate and garment exports in the developing country, a senior official at the country's central bank said. Authorities across Asia have been grappling with the threat of asset-price inflation amid rising capital inflows from developed economies, warning that liquidity flows could surge following the recent announcement of new bond-buying programs from the U.S. Federal Reserve, European Central Bank and Bank of Japan. Singapore's central bank, for instance, last month imposed tighter rules on new home loans to head off a property-price bubble...............................................Full Article: Source
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