Concern in Cambodia as orders for garments wind down

Cambodia exported US$6.6 billion worth of garments, footwear and travel goods in the first half of this year, up by 40 per cent from the $4.72 billion logged in the same period last year. - PPP

PHNOM PENH (The Phnom Penh Post/Asia News Network): The commerce ministry and apex garment makers’ body have expressed concern over a decline in purchase orders from Western nations, Cambodia’s main garment export market, after members of the association reported reductions and revisions in contracts.

Speaking to The Post, Garment Manufacturers’ Association in Cambodia (GMAC) secretary-general Ken Loo commented that the unstable global environment and increasing likelihood of an economic downturn in Western countries, which constitute some of the biggest buyers of Cambodian garments, have sparked “serious concern over the export situation for the second half”.