Economy

IMF Shows Growth Rate at 6.5 Percent

Garment exports expanded by 14 percent, and tourism grew by 27 percent, the IMF estimated.

The garment sector employs more than 350,000 workers.The garment sector employs more than 350,000 workers.
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The garment sector employs more than 350,000 workers.
The garment sector employs more than 350,000 workers.
Kong SothanarithVOA Khmer
PHNOM PENH - Cambodia's economic growth reached 6.5 percent so far this year, thanks to garment exports, tourism and a recovery in construction, the International Monetary Fund said Friday.

Garment exports expanded by 14 percent, and tourism grew by 27 percent, the IMF estimated.

The fund recommended Cambodia improves economic diversification and better bring in taxes and other money to improve and maintain its infrastructure.

40th Anniversary of Khmer Rouge Takeover

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Villagers Clash With Vietnamese Border Securityi
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30 June 2015
A group of villagers clashed with Vietnamese border security on Sunday, after they accused the neighboring country of encroachment. Opposition lawmakers say they want Cambodia to press their case against encroachment with the International Court of Justice, with increased accusations of Vietnamese construction on the Cambodian side of the border. Sunday’s violence came when a delegation led by lawmakers from the Cambodia National Rescue Party tried to investigate a paved road in Svay Rieng province, near the border, but were blocked by Vietnamese border security. More than 10 people were injured in the ensuing scuffle. (Sok Khemara, Washington)

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