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Top related persons:
Chantha Lach - 1 Siem - 1 Napat - 1 Kanupriya Kapoor - 1 Clarence Frenandez - 1
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Kampong Phluk Tonle Sap Siem Reap Cambodia PHLUK Asia's Sap Dubai
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Search resuls for: "Tonle Sap"


2 mentions found


☆ Dwindling fish stocks hit incomes in Cambodia, prey to climate change
  + stars: | 2023-12-04 | by ( ) www.reuters.com   time to read: +2 min
[1/5] A general view of a floating fishing village near Kampong Phluk at Tonle Sap Lake, in Siem Reap, Cambodia November 15, 2023. REUTERS/Chantha Lach Acquire Licensing RightsKAMPONG PHLUK, Cambodia, Dec 4 (Reuters) - Fisherman Siem Huat has seen fish stocks dwindle in recent years in Cambodia's majestic Tonle Sap Lake, and with them, his family's sole source of income. "Sometimes there is rainfall in the wrong months or it gets so hot I can't go out to fish," said the 45-year-old Siem Huat, as he navigated his boat through mangroves to pull in nets carrying disappointingly few fish. The Mekong River typically swells in the rainy season as it converges with Cambodia's Tonle Sap River, sending an unusual reversed flow into the Tonle Sap Lake that fills up the latter and spawns bountiful fish stocks. Reporting by Chantha Lach, Napat Wesshasartar; Editing by Kanupriya Kapoor and Clarence FrenandezOur Standards: The Thomson Reuters Trust Principles.
Persons: Chantha Lach, Siem, Napat, Kanupriya Kapoor, Clarence Frenandez Organizations: REUTERS, Thomson Locations: Kampong Phluk, Tonle Sap, Siem Reap, Cambodia, PHLUK, Asia's, Sap, Dubai
☆ Hit by climate change, farmers in Cambodia are risking everything on microfinance loans
  + stars: | 2022-12-27 | by ( Jenni Reid | ) www.cnbc.com   time to read: +8 min
The loans are also seeing farmers put assets including their land up as collateral, even when the loans are high-interest and have short repayment windows. Taylor Weidman | Bloomberg | Getty ImagesNGOs estimate around 167,000 Cambodians have sold their land to pay microfinance loans over the last five years. A 2016 book published by the World Bank argued microfinance loans had reduced poverty and increased incomes in Bangladesh, and banking giant HSBC still promotes its funding of microfinance in the country. But the World Bank, an early and longstanding advocate of microfinance, has also been warning for years of risks including overindebtedness and the growing commercialization of the industry. In the capital Phnom Penh, she added, she commonly meets people working seven days a week to pay off spiraling MFI loans.
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