Tag Archives: Unemployment

Decline in 27 percent of Cambodian garment exports

Cambodian garment industry was hard hit by the world economic crisis and due to the drop in demand from its main markets such as United States and European Union. Decline of demand of the US and EU markets also show that exports to the US and European Union decreased 35 percent and nearly 10 percent … 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