Tag Archives: Garment sector

Garment inputs hit with price increase

THE value of Cambodia’s imports of raw garment material increased by nearly 50 percent in the first quarter compared year-on-year, while volumes of material declined by some 24 percent, according to data from Camcontrol, a division of the Ministry of Commerce. Figures show import volumes dropped to 98,888.46 tonnes in the first quarter 2011 from … Continue reading

UN Rights Envoy Meets With Union Leaders

The UN’s special envoy for human rights met with union leaders on Monday, including representatives for garment factory workers and teachers, who pointed out concerns in basic rights like education and assembly, officials said. Surya Subedi, the human rights special representative for the UN secretary-general, is on a 10-day mission that ends later this week. Union leaders discussed with him with their main concerns as he drafts a report for the UN Human Rights Council, said Rong Chhun, president of the Independent Teachers Association Continue reading

Garment exports dropped 21 pc in 2009

The global economic recession is still plaguing Cambodia’s garment industries, which is the nation’s main revenues and created jobs for Cambodian people from different provinces. During the last 9 months from January to September 2009, garment export decreased 21.66 percent, compared with the same period of 2008. The Ministry of Commerce released data; it shows … Continue reading

SMEs key to growth

CAMBODIAN economists and trade officials have urged the government to focus on small and medium-sized entreprises rather than foreign investment to boost the economy during the global downturn. “Only small and medium-sized enterprises can be used as a tool to boost our growth,” said Kang Chandararot, director of the Cambodia Institute for Development Study. He … 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

Economic meltdown

THE current economic crisis is unravelling before us faster than even the most pessimistic of experts predicted just a few months ago. The effects are already trickling down to ordinary working people. In the Asia Pacific region, the International Labour Organisation has projected that as many as 27 million more people could become unemployed this … Continue reading