In line with societal concerns about an exponential increase in the amount of screen time children get in the modern era, the Asia Foundation has partnered with Starbucks Cambodia to promote its online library, called “Let’s Read”, which aims to promote children’s reading in the digital age. The collaboration intends to divert children’s attention from online entertainment to reading books.
A spurt in housing developments is typically a sign of a growing economy but underneath all that might lay some anxiety of credit growth as developers offer financing to buyers at higher rates, an activity the central bank identifies as ‘shadow banking’
Funding for the Cambodia Kantha Bopha Foundation in February has significantly decreased compared to January.
The foundation’s press release on March 17 reported that in February the foundation had received donations of only 304,318,100 riel and $189,018, while in January donations had been 2,305,085,600 riel and $2,460,020 respectively.
Only 5,365 donations were received in February including four from honourary members, 4,698 from supporting members, 663 from other people and money through three fundraising centres.
The number of people who contributed in January totalled 16,097 including 24 honourary members, 15,257 supporting members, and 816 other people. Other donations came from entrance fees for visiting the Angkor archaeological park in the fourth quarter of 2020 and money donated through four fundraising places.