His Metropole Hotel, whose interior fittings still feature a Sassoon family emblem with its two greyhounds, rises at a nearby intersection -- across from its twin, Hamilton House, built by Sir Victor as a hybrid office building and high-rise apartment house.

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In the latest example, one upheld a developer's refusal to repay loans used to construct two high-rise office buildings in Jakarta.

ECONOMIST: Indonesia

Dhingra said he won't consider working in a high-rise office building again.

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"Everybody's home would produce more taxes as a Costco or a high-rise office building, " Institute for Justice attorney Dana Berliner tartly observes.

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Most of the high-rise office buildings built in those cities before the mid-1990s do not meet current standards for new construction, and most of them have not been upgraded, said Hamburger.

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For the first time in its history Phnom Penh's skyline is being pierced by modern high-rise towers, offering new office space and luxury apartments.

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