After record high, garment exports slow
As predicted by the International Monetary Fund and World Bank earlier this year, growth in Cambodia’s garment sector has started to slow due to weakening demand from markets in the US and Europe. According to the latest figures released by the Garment Manufacturers Association in Cambodia (GMAC), exports reached $334.1 million in the month of October, down from a record $433.5 million in the month of July. In September, exports reached $379.9 million…
