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Facebook’s reaction to the military coup in Myanmar gives the social media platform the chance to reconsider its policies in the southeast Asia region, notably in Cambodia.
Until November 2017, Cambodia’s democracy was enfeebled but still alive.
Measures announced by Cambodia’s banks and microfinance lenders to help clients who are unable to repay because of COVID-19 are grossly inadequate.
The unfolding microcredit scandal in Cambodia involves two well-respected European banks, BRED in France and Triodos Bank in the Netherlands.
I would like to convey to the European Union the following message: There are responsible and foresighted Cambodian leaders from all political affiliations who understand that the partial suspension of the EU’s trade privilege scheme known as “Everything But Arms” (EBA) is a blessing in disguise in that it represents a powerful call for reform.