Cambodia’s economy grew 5.6 per cent in 2023, projected to rise to 5.8 per cent in 2024, driven by garment, footwear, and tourism exports.
Exports reached $8.76 billion Jan-Sept, up 24.5 per cent YoY, fuelled by political stability, investment laws, and skilled labour.
A $208 minimum wage takes effect in 2025.
Efforts focus on green garment initiatives and circular economy practices.Read More
Bangladesh’s LDC graduation in 2026 hinges on tackling political instability, trade diversification, and sustainability.
While GDP and FDI forecasts are positive, challenges like gas supply disruptions and labour unrest threaten progress.
Expanding market access, utilising trade agreements, and ensuring macroeconomic stability are vital for a smooth transition.Read More
Turkiye’s manufacturing capacity utilisation rate stayed at 75.6 per cent in December, while the seasonally adjusted rate fell to 75.8 per cent.
Intermediate goods had the highest rate at 75.5 per cent, and durable consumer goods the lowest at 73.6 per cent.
The survey was based on 1,754 firms.
November’s rate was at 76.1 per cent, a 1.2-point rise from October.Read More
… January to September, Cambodia exported textile products, encompassing knitted articles of … Green Growth Institute (GGGI), TAFTAC (Textile, Apparel, Footwear & Travel Goods … for sustainable management in the textile sector” in association with TAFTAC …Read More
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China’s cargo throughput at ports is projected to increase by approximately 3.4 per cent year-on-year, reaching around 17.5 billion tonnes from January to December, as per data from the Ministry of Transport. This reflects heightened economic activity amid …Read More
Cambodia approved 414 investment projects this year—up by 54 per cent year on year (YoY) compared to 268 cleared last year, according to the Council for the Development of Cambodia (CDC).“Cambodia’s investment climate is experiencing significant growth in …Read More
… (APTMA) and Ethiopian counterparts, Ethiopian Textile and Garment Manufacturers Association (ETGMA … valuable perspectives on the Ethiopian textile and leather industries. They … collectively highlighted Pakistan’s robust textile and leather sectors as …Read More
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Cambodia approved 414 investment projects this year—up by 54 per cent YoY, according to the Council for the Development of Cambodia.
Reasons cited behind this rise include economic growth, political stability and the new Cambodia Investment Law.
Cambodia has also signed agreements with China, South Korea and the UAE, and under the RCEP framework, making the country more appealing for investors.Read More