The new focus on social assistance with knowledge training in GMS countries was a shift from economic aid, MI Chairman said at the Mekong Forum on “New Geo-economics: Reshaping the Future of the GMS?”
Though a small country, Sao Phal Niseiy observes that Cambodia is more than capable of doing its part to uphold its responsibility to the 2015 Paris Climate Change Agreement.
The laws that need reformed include those for community forest management, land bank, national park management, community based justice, environmental impact asessment/environmental health impact assessment reforms.
Under President Donald Trump’s proposed 2018 budget, Cambodia could experience a 70 percent cut in aid from the United States.
Industry cries foul over Egat’s proposal to impose a levy on renewable power producers for storage…Renewable power has become a bigger player in the energy mix the past three years as more private firms were granted licences to develop projects, mostly solar farms.
Laos has expected to operate 100 hydropower plants with combined installed generation capacity of 28,000 MW and annual power output of about 77,000 million KWh by 2020.
A Chinese plant has already been given permission to dump a million cubic meters of mud in the area.
Moody’s Investors Service gave the Asian Infrastructure Investment Bank its highest possible rating of Aaa, with a stable outlook, on June 29, because of “the strength of AIIB’s governance frameworks, including its policies on risk management, capital adequacy and liquidity”.