Tag Archives: Garment sector

Global economic crisis led to factory closings

Posted on February 25, 2009 by Cambodia Economy

MOST garment factories that shut down in 2008 did so because of the global economic crisis, which resulted in a rapid decrease in purchase orders from key markets, according to a report completed last week by the Ministry of Labour … Continue reading →

Posted in Economy | Tagged , , , , | Leave a comment

Asean trade hits $2bn

Posted on February 24, 2009 by Cambodia Economy

CAMBODIA’S trade with Asean increased by 23 percent in 2008 to US$2.189 billion up from $1.775 billion the previous year, according to official figures, as the Kingdom’s trade deficit with its neighbours expanded close to $2 billion. Thon Virak, deputy … Continue reading →

Posted in Trade | Tagged , , , , | Leave a comment