A Change of Guard

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Monday, 23 March 2009

Global downturn hurts Cambodian garment success

Global downturn hurts Cambodian garment success

PHNOM PENH - As shoppers in the United States and Europe cut back on clothes purchases, factories in Cambodia are feeling the pinch, laying off thousands of workers. Garments are Cambodia's biggest export and its economy may shrink due to the drop in demand. (CAMBODIA-GARMENTS/ (BUSINESS FEATURE), pix, by Ek Madra, 900 words)

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