Tuesday, March 22, 2011

Economy and Finance

Improving small businesses

Small and medium enterprises are considered to be a turnkey in the reduction of poverty and to reduce the gaps between rich and poor. Many enterpises held high hopes in exporting their products, but experts say the market is already here in Cambodia. Small businesses complain of the administrative burdens and ask for guidance.

Gazoline prices

Gazoline prices are on the rise again. Poor people are finding it hard to cope with the hike.

Consumer Rights

Consumer rights is not a well know concept in Cambodia. Most people see only the quality of the product and forget the production chain behind the product. Consumers have rights but do not seem to know how to use them or how to defend them. As Cambodia wishes to gain foreign markets, how can consumer rights be ensured ?

Buddha Bank

As the economy is taking a toll on the poorest in society, a small association decided to provide micro-credits free of interest. While popular, how sustainable is this? Should this be promoted by larger micro-credit institutions?

Foreign Debt

Some of Cambodia's debt dates back to the pre-war era. Since then it has accumulated to an estimated 2.8 bilions dollars. This figure has sharply risen in the last ten years. We ask how the country's loans are managed and what are the plans for paying back. Will petrol revenues help?

A Riel bad Deal?

This week, our main studio host Noun Touk welcomes returning guest Kang Dararoath to discuss the use of local currency and its problems to ascertain itself among the other currencies used in the country. What can be done to improve the situation and what are the risks of relying too much on other currencies ?
 The law on financial loans
This week, Ouy Bounmy brings us interviews on the law on financial loans. Why is it important to regulate loans with clear contracts?

Stock Exchange Mechanisms

Last week, Dr. Sam Ghanty of Ministry of Economy and Finance gave National Assembly members a presentation about the stock exchange mechanisms.

Investment Climate

The IFC just presented its 2009 Investment Climate assessment and the 2009 Provincial Business Environment Scorecard reports. Interviews with H.E. Cham Prasidh Minister of Commerce and experts.

National Audit Authority

We look at the recent conference held by the National Audit Authority. How will this help to implement audits and reduce corruption?


With less than 5% of the people that know what the terms mean, our show first attempts to clarify this. When will Cambodia have its own stock exchange? In a second part , we discuss how this could take place and what risks need to be considered. Key experts, economists and opposition representatives give their views.

Cambodia Economic Forum

The third Cambodia Economic Forum was held this week. A main issues discussed was how to prepare for the impact of the world crisis. Interviews with Douglas Broderick, UN Resident coordinator and H.E. Dr. Aun Porn Moniroth, chairman of SNEC.

Foreign Trade Bank

Ouy Bounmy interviews the director of the Foreign trade bank of Cambodia about relaxing the levies on loans for real estate projects.

Price hike on special events!

This sunday is Chinese New year. Usually market prices go up during national events. But prices are already high despite the steep drops in petrol. While the market sellers eat pig, farmers eat snails.

Official Tariffs Please!

Prices charged for official papers like criminal records can vary depending on the client. This week we ask for clear and transparent tariffs from the Ministry of Justice.


Petrol Monopolies

Cambodian Petrol companies seem to agree on a new way to make business: buy stock at a high price to sell longer at a higher price than the market.

The Cost of Credit

The critics of microcredit schemes point to high interest rates and ask if this helps reduce poverty. The city hall has set up UPDF, the Urban Poor Development Fund to lower interest rates for the urban poor. Experts contend that subsidised funding schemes may not help on the long run. Cambodia is a forerunner in this development sector.

Problems of Poverty

According to the World Bank, some people live on less than 2000 riels a day. How will they be able to cope with the hike in prices and the rising cost of living? How do we decide who is below the poverty line? What assistance do they receive?. People give their view on Cambodia's living standards. Do Cambodian people enjoy better living standards these days? Do they know how to reduce poverty? Is Cambodia one of the poorest countries in ASEAN? What should the next government do to help poor people?

Consumer Prices

Our teaser looks at consumer prices that have affected the markets in recent weeks.

The issue of the new 2000 Riels note

This week we interview the Secretary General of the National Bank to comment on the issue of the new 2000 Riels note.


The issue of Free trade in Asean

This week in Parliament, our correspondent Ouy Bounmy interviews  Ky Lum Ong (FUNCINPEC) and Eng Chhay Eang (SRP) on the issue of Free trade in Asean, and in particular with China and Korea.

Micro-Credits

Poverty reduction can start with only a few thousand riels. Many poor people often simply suffer from cash flow problems that further trap them into poverty. With only small amounts invested, may people can avoid the cycle of poverty. Micro-credit institutions have recently largely evolved in size and status and now provide a solid backbone for reduction poverty. We look at how this works in different parts of the country. We also ask if the interest rates are still too high, what holds the future?
"Cambodian sea-fishing has remained a largely unseen sector of economy. Our teams initially went to cover the story of a small sailboat and stumbled upon a much large picture through the work of a local NGO training fishermen to increase their means of living."

Cookers

Energy saving cookers made in Cambodia has many benefits.

Gasoline price

This week, our cameras make a very simple statement on the high cost of petrol. Many small businesses suffer due to the high import taxes.

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