UN Sees Cambodian Economic Growth Slowing in 2012
Economic growth in Cambodia is estimated to reach 6.7 percent this year, a 0.2 percent drop compared with 2011, the U.N. said in a report released on Friday, citing a modest slowdown in exports from Cambodia to the U.S. and Europe. In its Economic and Social Survey of Asia and the Pacific report for 2012, the U.N. said that although Cambodia’s economy is still very narrowly based with a disproportionate amount of dependence still resting on the garment sector, the tourism and agriculture industries are predicted to register strong growth this year. …
