Innovation essential for Cambodia’s place in AEC
An official at the Ministry of Industry, Mines and Energy expressed concern that if the quality of Cambodian produced goods does not improve, Cambodia is likely to become largely a retailer of foreign goods when the ASEAN Economic Community (AEC) is realised in 2015. Meng Saktheara, general director of General Department in the Ministry of Industry, Mines and Energy, told the Post that small and medium-sized Cambodian enterprises would face serious challenges if business owners continuously practice producing goods as families in “informal and uncreative ways”. …