Dear Editor,
The Phnom Penh Post is my newspaper of choice when I visit Cambodia, where my company has clients.
I was thus disappointed by your decision to title your October 8 article "MFIs fear cash drought". The words "fear" and "drought" were not at all reflective of the content of the article - which I found balanced. The practitioners interviewed expect a 20 percent to 25 percent decrease in their growth and/or funding for 2009; hardly a "drought". Given that growth was forecasted at 60 percent, this still implies a robust 50 percent growth.
Unfortunately, I think this is as an example of how media hype can unnecessarily stir people's fears, in an already delicate financial environment, thus exacerbating the problem.
Julie Cheng
Contact PhnomPenh Post for full article
Post Media Co LtdThe Elements Condominium, Level 7
Hun Sen Boulevard
Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia
Telegram: 092 555 741
Email: [email protected]