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Prices of dry rubber in Cambodia increase
While the price of dry rubbers spikes in global market, classified as grade 1 of 10 costing USD3,687.50 per tonne last week but Cambodia’s rubber companies missed out on the benefits from it because mostly Cambodia had exported exclusively to Vietnam. According to the Malaysian Rubber’s figure, the price of rubbers classified as grade 1 … Continue reading
Low garment sales, poor tourism to hit Cambodia-IMF
PHNOM PENH, March 6 (Reuters) – A slowdown in garment exports and a drop in the number of tourists could cause Cambodia’s economy to shrink 0.5 percent this year, the International Monetary Fund said on Friday. That is a big turnaround from the 4.8 percent growth the IMF had forecast in November. “Garment exports are … Continue reading