The decline in textiles production would also lead to a decline in garment exports of between $320 million and $381 million, the World Bank said.
Cambodia is the beneficiary of China’s massive Belt and Road Initiative, which was announced by Chinese president Xi Jinping in 2013.
A business in Washington DC is working to empower women who have been victims of gender-based violence by targeting the growing number of consumers who are socially and environmentally conscious. VOA Khmer's Seourn Vathana narrates.
Recently, the US embassy posted a comment on its Facebook about a trade deficit between China and Cambodia, which angered Chinese embassy officials in Phnom Penh.
Service was suspended in the early 1970s when the track was destroyed during Cambodia's civil war; security was only restored in the late 1990s.
The EU is currently assessing Cambodia’s membership of the scheme following a deterioration in human rights and democratic standards.
In February, the European Commission launched an official process that could see Cambodia being temporarily withdrawn from EBA, due to a dramatic decline in human rights and democratic standards.
Hym Piseth, deputy director of Confirel, said the registration would help bolster sugar production and sales in Europe and elsewhere.
Cambodia tells journalists to present the hive of Chinese investment as ‘a city of miracles’ set to rival a mash-up of Silicon Valley, Las Vegas, and Singapore.
The study found that families receiving remittances saw an average increase in debt of 6 percent.
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