Friday, February 08, 2008

Garment Workers Worry Over US Economy

By Sok Khemara, VOA Khmer
Washington
07 February 2008



Exports of Cambodia’s chief commodity, garments, could fall sharply in 2008, leading to widespread concern among workers, a labor leader said Thursday.

Chea Mony, president of the Free Trade Union of Workers in the Kingdom of Cambodia, was on “Hello VOA” Thursday to discuss the implications and possible causes of the fall.

Commerce Minister Cham Prasidh said he was concerned about a potential drop in orders, thanks to a slow down in the US economy.

Cambodia’s growing economy is held up by garment manufacturing and tourism.

1 comment:

Anonymous said...

Don't think the US economy is slowing down at all but rather have huge problem in financial sector where they loans for housing [sub-housing loan] were badly managed [given loan to people who want their dream home, but didn't have a proper job, unstable incomes] in turn sent a shock wave to other stock market wide world [thought doesn't effect the China stock market].