April 6, 2021 We, the undersigned groups, are calling on the government to direct all microfinance institutions (MFIs) and banks in the country to suspend all loan repayments and interest accrual for at least three months in order to give borrowers the opportunity to stay […]
Tag: Cambodia
Statement on the Decision of the Head of the Department of Labour Disputes in Refusing to Resolve the Collective Labour Dispute at Roo Hsing Garment Co., Ltd.
The Cambodian Alliance of Trade Unions (CATU) condemns the decision of the Head of the Department of Labour Dispute in refusing to resolve the collective labour dispute of the Cambodian Union of Roo Hsing Garment Co., Ltd as this decision is a case of severe […]
Statement: Suspend MFI Debts and Return Land Titles Amid Covid-19 Pandemic
April 27, 2020 – The suffering of millions of Cambodians who are facing economic hardship due to the COVID-19 pandemic is being amplified by the country’s ongoing over-indebtedness crisis, stemming from more than $10 billion in loans from aggressive microfinance institutions (MFIs). More than two […]