Breaking News, World News and Taiwan News.

130 garment factories closed in Cambodia

PHNOM PENH -- The Cambodian government said 130 garment factories have closed so far this year as the global economic crisis continues to depress demand for the kingdom's key export earner, local media reported Thursday. The LaborMinistry said the closure rate of one factory every second day has cost more than 60,000 jobs so far in an industry that is one of the country's economic mainstays.

Ministry figures showed that 30,000 workers have lost their jobs this year following the permanent shuttering of 77 factories.

 

 

 

 

 

 

 

 

Subscribe to The China Post and save 25%. Click here
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos Respond to this email
Other Breaking News
Most Read
Sponsors
TradeTang.com is the largest China wholesale portal, all directly from qualified suppliers.
Business Directory
Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
Get Car Hire Asia, Thailand, Middle East, Cyprus,
Dubai, USA
Beijing HotelsShanghai Hotels and Guangzhou Hotels discount booking via sinohotel.com
Find #1 San Francisco Dentist ,Dermatologist in San Francisco
A Leading China manufacturers directory with 10 years history. Meet with Trusted China Suppliers (SGS certified). Log on & Order now!
China manufacturers
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Guide  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search