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Cambodia sees garment exports surge in six months

Cambodia’s garment exports in the first half of this year reached nearly 1.56 billion USD, representing a year-on-year increase of 32 percent.
Cambodia’s garment exports in the first half of this year reachednearly 1.56 billion USD, representing a year-on-year increase of 32percent.

According to the Cambodian Ministry of Commerce, theUS remained the largest market of Cambodian garments with a turnoverof 660 million USD during the period.

The country’s garmentproducts enjoyed a gigantic year-on-year growth of 45 percent in theEuropean market, bringing home 532 million USD.

There are about500 garment factories in Cambodia, employing about 500,000 peopleand earning over 4.5 billion USD from exports last year.

Cambodia is seen as an attractive market to many investors in thesector thanks to its abundant young workforce, low-cost labour, and taxincentives.-VNA

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Malaysia bolsters energy collaboration

Malaysia bolsters energy collaboration

The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.
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