Category: Article
Vientiane Hit by Water Shortage amid Drought
The water level of the Mekong River is already exceptionally low, but some of its tributaries will continue to fall as the rainy season has come to an end.
Thugs with strong-arm debt collection tactics? Vietnam’s misunderstood informal credit sector
Formal credit is often praised for being cheaper than informal credit, yet this is untrue. Many banks and financial companies charge annual interest rates of 40 to 50 per cent on consumer loans.
Greater cooperation needed among Mekong nations
Flow modification, loss of wetlands, deterioration of habitats, pressure on the fishing industry and limited sharing of development information worries the four countries that are part of the Mekong River Commission (MRC).
Cambodia Faces Possible Food Crisis: ‘Water But No Fish’
Growing population and changes to the Tonle Sap’s unusual seasonal rise and fall, are contributing declines in fish catches. Other contributing factors include dam construction and indiscriminate, often illegal fishing practices.
Environmental damage caused by China-Myanmar oil pipeline not addressed
“The gas pipeline has destroyed springs and other water sources but the local people do not understand this.” Officials remain silent.
ADB supports economic diversification and inclusive growth in Cambodia
On Friday the ADB endorsed a new 5-year country partnership strategy (CPS) that lays out the institution’s support for Cambodia’s goal of becoming an upper middle-income country by 2030.