Saturday, 31 January 2015

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.
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Cambodia Reduces Western Influence, Tilts Towards Locali
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30 January 2015
Cambodia tilts towards China and its acceptance of more and more Chinese aid helps the impoverished nation to reduce influence of international donors who had sought to push Cambodia towards more democratic form of governance. Sebastian Strangio, the author of “Hun Sen’s Cambodia,” told a gathering in Washington that the balance between local interest and international interest in Cambodia is beginning to tilt much more in the directions of the local. VOA’s Men Kimseng reports from Washington.

English with Mani & Mori

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