A European Commission report showed a resurgence in deforestation at the Prey Lang Wildlife Sanctuary, after reaching peak forest canopy loss in 2016 when the forest was given protected status.
The expiration of the United States’ generalized scheme of preference on December 31 would affect importers and buyers of Cambodia’s travel goods until its reauthorization, according to a garment manufacturing trade body. The US has placed conditions on its aid to Cambodia over the kingdom’s human rights violations and growing ties to China. The change is not likely to achieve any major changes unless the US comes with an offer that matches China’s commitment to the current regime in Cambodia.
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The Asian Development Bank’s country director for Cambodia, noted that ever-growing household debt was approaching worrying levels. But she noted that the Cambodia Microfinance Association (CMA) has stated that “the sector is relatively under control and that the registered lenders have very ethical lending practices.”
The Japanese government will assist the Cambodian General Department of Customs and Excise of Cambodia (GDCE) in setting up an automated customs clearance system that will speed up cargo clearance time, alleviating the problem congestion problems that slow the clearance process.
