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...characteristic of the French colonial era and popular with affluent Khmers until the outbreak of civil war. Nestled amid lush vegetation in the old resort community of Kep (or Kep-sur-Mer as it was known to the French), Knai Bang Chatt is a roughly three-hour, mostly coastal drive from Phnom Penh and is the brainchild of Belgians Jef Moons and Boris Vervoordt. While making their own pilgrimage to Angkor in 2003, the intrepid duo took a detour and immediately saw the restoration potential of Kep's decaying French villas. They bought up four adjacent houses and set about...

Author: /time Magazine | Title: Chatt Rooms | 1/18/2007 | See Source »

...negatively affect Thailand." In a country where the King is widely revered, the junta's Cabinet has shrewdly tied its closing-door strategy to an existing royal mandate. After the regional financial meltdown a decade ago, Thailand's King Bhumibol Adulyadej urged his subjects to forgo the turbo-charged drive of capitalism for a Buddhist-inspired "sufficiency economy" that embraced moderation. Sounds harmless enough. But free traders complain that the military junta is now using the fuzzy precepts of a sufficiency economy to undermine the legacy of former Prime Minister Thaksin, a billionaire who avidly pursued free-market policies, signing...

Author: /time Magazine | Title: Land of Fading Smiles | 1/18/2007 | See Source »

...scores of international companies as well as a magnet for overseas capital. Foreign direct investment in Hong Kong totaled $33.5 billion in 2005 (the most recent figures available); in Asia, only mainland China has attracted more FDI in recent years. Close ties to the booming mainland continue to drive Hong Kong's economy, which grew 8.6% in 2004 and 7.3% in 2005. (For 2006, the final figure is expected to be 6.5%.) That success is partly due to the fact that Hong Kong is home to a major concentration of firms such as Li & Fung, which help orchestrate the production...

Author: /time Magazine | Title: At the Center of the World | 1/18/2007 | See Source »

Customers have long been able to take a car for a test-drive or listen to a stereo before buying. But other kinds of retailers are finally catching on, and they're being lauded for expanding the concept of using samples to entice commitment-phobic consumers. A Mercedes is one thing, but a fine wine? Here are some new things to try before...

Author: /time Magazine | Title: Try it Before We Sell it to You | 1/18/2007 | See Source »

...characteristic of the French colonial era and popular with affluent Khmers until the outbreak of civil war. Nestled amid lush vegetation in the old resort community of Kep (or Kep-sur-Mer as it was known to the French), Knai Bang Chatt is a roughly three-hour, mostly coastal drive from Phnom Penh and is the brainchild of Belgians Jef Moons and Boris Vervoordt. While making their own pilgrimage to Angkor in 2003, the intrepid duo took a detour and immediately saw the restoration potential of Kep's decaying French villas. They bought up four adjacent houses and set about...

Author: /time Magazine | Title: Chatt Rooms | 1/16/2007 | See Source »

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