Cambodia – and the world alike – are determined to conserve elephants and provide them with a safe habitat, free from the threat of poaching, and reducing conflict between humans and elephants. The commitment was reiterated on World Elephant Day, August 12.
Cambodia and the US on August 10 renewed their commitment to further trade and investment cooperation, despite a number of challenges between the two countries that need to be addressed, as the latter pushes to renew a key trade preference scheme for developing countries.
Singapore-based ASEAN+3 Macroeconomic Research Office (AMRO) on August 11 put Cambodia’s economic growth at a robust 5.0 per cent in 2022, thanks to high vaccination rates and strong fiscal stimulus packages, but warned of a slowdown in export orders from key buyers, especially the US and EU for textile-related goods in the second half of the year.
The mummers of the crowd and the clinking of spoons on plates almost sounds like a chorus of music, but it is hard not to be moved by the sight of over 80 boys and girls enjoying a meal at the New Smile of Hope Children Association, founded by a Cambodian man, Pan Sophal.
The Cambodian banking system has just completed a 26-month debt restructuring exercise where scores of loan accounts were revised, classified and provisioned as the rate of non-performing loans inched up, sparking a slight credit risk unease
Artwork which imparts stories that few people have heard about the lives of Cambodian refugees in Japan will be on display at “ALIVE IV” in Tokyo and Yokohama, Japan, this August and September.