Nguon Serath, Iris Cecilia Gonzales, and Sengthong Phavasath look at the situation in Cambodia,Laos and the Philipines
Sophat Nearyroth, a Cambodian mother, used to take her daughter out to go around or have dinner but now she has to cut down on her travel and daily expenses to cope with the oil crisis and rising inflation, which Cambodia and the rest of the Southeast Asian region is experiencing. The problem has led to protests on the streets in some countries including Cambodia and the Philippines.
Nearyroth is among 500 million people in the region experiencing the problems caused by the oil crisis and high inflation. In Laos, Cambodia and in the Philippines, people talk of pain and hardship, caused by skyrocketing oil prices and soaring inflation
The price of a litre of fuel in Cambodia has reached $1.40 and as in the UK,this has fed thru to inflation in other commodities.A kilo of pork has more than doubled in price and in Laos inflation is currently running at 10% compared to 65 last year.
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