Thursday, 23 October 2014

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US Gives Money To Boost Economic Performance

The US provided $7.79 million to the government Wednesday to aid economic growth performance, as international institutions have warned of a shrinking economy.

The funds will be used to expand USAID’s program for micro-, small- and medium-sized enterprises, which seeks to alleviate poverty by increasing productivity of family businesses.

The program has helped some 3,000 farmers increase their incomes between 100 percent and 340 percent, according to US figures.

US Ambassador Carol Rodley said the program would help thousands of Cambodians and would foster new relationships in the business sector.

Deputy Prime Minister Sok An said in a ceremony the economic crisis had diminished Cambodia’s capacity for high economic growth.

“Assistance provided by the international community is crucial for contributing to bringing high economic growth back on track,” he said.

The US expects to commit $61.8 million in assistance to Cambodia this year, as the country struggles in the wake of the global financial crisis. Some international agencies have warned the countries economy could contract this year, a stark reversal from the high rates it had enjoyed in recent years. 

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Illegal Logging Ravaging the Last Forests, Activists Sayi
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22 October 2014
Forestry activists say at least 55,000 tons of luxury wood has been sent from Cambodia to China this year alone. Activists, from communities that live near some of Cambodia’s last forests, told reporters Wednesday that illegal logging is ravaging their homelands, as part of a “systematic” trade that includes the participation of high-ranking officials, authorities and security forces. (Kong Sothanarith, Phnom Penh)

English with Mani & Mori

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Face the Music (Movie: Yes Man)i
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20 October 2014
You can say, "You lied, and lied, but this time you got caught. It's time you 'face the music'. It's time you confess and tell the truth." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
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Video Face the Music (Movie: Yes Man)

You can say, "You lied, and lied, but this time you got caught. It's time you 'face the music'. It's time you confess and tell the truth." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
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