Rong Chhun told VOA Khmer Tuesday the US is a major market for garments produced in Cambodia and a major donor to Cambodia.
Duch Darin, an economics professor in Florida, says the Russian annexation of Crimea and ongoing threats to stability in Eastern Europe will affect the European economy, and that in turn will hurt the US.
Cambodia’s economic growth for 2014 will drop to 7.2 percent, a slight dip from last year, the World Bank says in a recent report.
Cambodia's Floating Villages Face Uncertain Future
The 2015 Asean integration will allow skilled workers in member countries to work legally in other member states.
The ongoing crisis in the Crimea will have an effect on the US economy and geopolitics, a US-based economist says.
Fake goods and pirated media cost companies billions of dollars each year, and are especially prevalent in Cambodia.
A US-based economists says Congress should indeed consider raising the minimum wage, as a way to promote better earnings, higher living standards and poverty reduction. In a Skype interview with VOA Duch Darin, an economist in the state of Florida, says a raise could help millions of American.
In the US, the debate is whether the national minimum wage should be raised from $7.25 per hour to $10.10 per hour.
Sugar plantations along the coast have been linked to land disputes, forced eviction and violence, making them potentially ineligible for preferential trade deals with Europe.
Cambodia losses about 10 percent of GDP, or $1.7 billion annually, to corruption, according to a report release on Wednesday by International Labor Organization.
Commercial real estate in the most expensive areas of Phnom Penh runs between $3,000 to $6,000 per square meter.
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