Logo of Phnom Penh Post newspaper Phnom Penh Post - Letter: When is a drought really a drought?

Letter: When is a drought really a drought?

Letter: When is a drought really a drought?

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

MOST VIEWED

  • Negotiations on EBA being held

    In an effort to defuse tensions, a senior government official said Cambodia is negotiating with the European Union (EU) on the Everything But Arms (EBA) trade deal, which allows the Kingdom to export goods to the 28-member bloc tariff-free. The EU notified Cambodia on October 5

  • Ministers to tackle sea pollutants

    Preah Sihanouk provincial authorities and members of local communities have collected 77 tonnes of water hyacinth at a Sihanoukville beach, Preah Sihanouk Provincial Hall spokesperson Or Saroeun said. He told The Post yesterday that the aquatic weeds had been floating along some of the province’s

  • Chinese police escort deported scam suspects

    Ninety-one Chinese nationals accused of extorting money from victims in a Voice over Internet Protocol (VoIP) scam were deported from Phnom Penh International Airport on Monday under the escort of 182 Chinese police personnel. General Department of Immigration head of investigations Ouk Hay Seila told reporters

  • Sam Rainsy, government group set to clash at IPU Geneva meet?

    Opposition figure Sam Rainsy has been invited to speak at the General Assembly of the Inter-Parliamentary Union (IPU) in Geneva, according to a former Cambodia National Rescue Party (CNRP) lawmaker. A government delegation is also set to attend the meeting, a National Assembly press release