July 5, 1997 |
Three years ago, the village just across the Mekong River from Cambodia's capital consisted of: three restaurants serving cheap Vietnamese pancakes; one small market; acres of flooded lotus-root and vegetable fields; and some thatch-and-wood houses on high stilts along the riverbank. It was accessible only by ferry after Khmer Rouge guerrillas blew up the only bridge in 1973. Then came the Japanese, who finished rebuilding the bridge in 1994.
April 26, 1994 |
Nearly a year after Cambodia held national elections under U.N. auspices, there is a war raging, the economy is limping and gunmen roam the roads. But the country is not a basket case. The government, an odd-couple coalition of a failed Communist regime and a royalist guerrilla force, is still in place despite a decade of hatred and widespread predictions of imminent collapse.
October 14, 1991 |
Just when it seems that Indochina is within grasp of winning the international financial aid it so desperately seeks, a powerful competitor comes along and grabs all the attention from lenders. As the World Bank-International Monetary Fund (IMF) annual meeting begins here Tuesday, countries such as Vietnam and Cambodia find themselves vying for attention and dollars against the Soviet Union, which managed to obtain associate IMF membership last week.
February 15, 1998 |
Government officials in Indochina were almost smug when Asia's economic miracle evaporated last summer in clouds of red ink, bankrupt companies and crashing stock markets. "We're immune," they declared, and at first glance there was good cause to believe that the mini-economies of Vietnam, Laos and Cambodia were. None of the countries has a stock exchange. Their currencies are nonconvertible. Their industries are, to varying degrees, state-run and unconcerned with the bottom line.
December 12, 1992 |
The United Nations once symbolized a haven in the warfare that convulsed Indochina. But it can do little now to protect Meas Phalla as she faces the vast uncertainty of resettling in her impoverished homeland. Like tens of thousands of others, Meas and her husband fled in 1979 during the onslaught of the Vietnamese army against the Khmer Rouge, the Maoist revolutionaries who then ruled Cambodia.
April 20, 1987 |
Cambodia will allow its people to receive money and checks sent from friends and relatives living outside the country, the official Cambodian news agency SPK said Sunday. The report said the Cambodian Bank of Foreign Trade has just published a communique authorizing such transfers, which evidently must be made through the bank. It named 16 commercial banks in Australia, Belgium, Canada, Britain, France, Sweden, Switzerland and West Germany through which bank transfers must be sent.