Cambodia and the U.S. have been through “ups and downs” together, but their bonds of friendship can still be renewed, Prime Minister Hun Sen wrote in a letter to U.S. President Donald Trump.
Microlender Prasac has been considered as being in default of more than $800 million in liabilities to funders due to the quality of its assets, according to its interim financial report, as credit risks rise across the microfinance sector amid a Covid-19-driven economic slump.
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