Sunday, February 15, 2009

One million Cambodians will be affected by the 2009 economic crisis [-Is Hun Sen willing to admit that Cambodia is not spared by the economic crisis?]

13 Feb 2008
By Ky Soklim
Cambodge Soir Hebdo
Translated from French by Luc Sâr
Click here to read the article in French

The worldwide economic crisis will not spare Cambodia. According to a study recently published, the number of unemployment will increase in 2009 in the garment and construction sectors. On the other hand, the agriculture and the tourist sectors may be able to absorb some these workers.

A report by the Cambodia Institute of Development Study (CIDS), which was made public last week, shows that the Cambodian economic growth should slow down from 6% in 2008 to 5% in 2009. Exports would drop by 2.5%, causing the kingdom to lose a revenue of $75 million. The number of tourists, while still on the increase, should increase at a slower pace, by 5.5% rather than the 15.7% increase seen in 2008.

This new economic data will most likely affect social issues. It will lead to a return of the unemployed to the countryside, or it could push them to migrate to Thailand (to look for work). “When people do not have work, and their knowledge is very low, they will be pushed to commit violence,” a concerned Chea Mony, President of the Free Trade Union of Workers in the Kingdom of Cambodia (FTUWKC), said. He also accused the government of being indifferent to the plea of unemployed workers.

7 comments:

Anonymous said...

សំដាចម៍ហ៊ុន សែន, អាស្ពាយសញ្ញាបត្រ បណ្ឌិតខាងអាចម៍ អើយ!!! មេចមិនគ្រាន់បើទៀតទៅ អាហ៊ុន សែនក្បត់ជាតិខ្មែរ ប្រែជាបំរើយួន ទៅវិញ!!

មន្ត្រីរាជការ

Anonymous said...

LOL, in the previous topic, it was 500,000. Now, it is 1 millions. Next, it will be 1.5 million, 2 million, ... . What a bunch of monkeys?

Anonymous said...

I agree that estimation is more than 1 million not less

Anonymous said...

It is nothing to say about Hun Sen and his officers. They don't even know what is stimulus package? Did you hear what they reacted to opposition party about stimulus package?. They said government has over $2,000 billion dollars every year!!! Hahhaaaaaa..... Achkout ey!!! Min Doeng Ey Sos!!! They only know how to kill KHMERS!!!!!!!! Don't talk with them about economics or leadership or laws.....!!!

Go Hun Sen!!! Souls of Ta-Pol Pot is waiting for you at the hell!!! He will kill you over there again because you destroyed Khmer!!!

Anonymous said...

Hun Son of a B will never admit that. Business of all sectors are booming skyhight. In Southeast Asia, Cambodia is the only country that is growing head down first!

Anonymous said...

What a sore loser (Pouk Ah Scam Rainxy)? They think they are smart enough to fool Khmer People, hahaha, LMAO, ....

Anonymous said...

អំណាច ដូចទឹកមូយថ្លុក បើមិនហូរ រលួយស្អុយទាល់រីង។