Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Economics eyed: Revision in GDP growth

Economics eyed: Revision in GDP growth

Economics eyed
The Economic Institute of Cambodia has revised upwards its prediction for GDP growth to 8.7 percent, from 7 percent previously.

Better than expected performance in areas such as tourism, garments and agriculture were highlighted as the reason for the increase.

“The main reason behind the GDP increase in Cambodia is the garment and textile exports have increased dramatically compared to last year,” said EIC Senior Researcher Khin Pisey on Monday.

The EIC projected Cambodia’s industry sector, not including garments, will increase by 15.8 percent this year, also on the back of increased food manufacturing and rubber processing.

0

Comments

Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".