Logo of Phnom Penh Post newspaper Phnom Penh Post - Early data show decline in garment sector growth

Early data show decline in garment sector growth

Garment workers sew items of apparel at a factory in Phnom Penh in 2014.
Garment workers sew items of apparel at a factory in Phnom Penh in 2014. Pha Lina

Early data show decline in garment sector growth

The labour minister said on Monday that Cambodia’s garment sector grew by 4 percent last year to reach $7.6 billion, which would mark a slowdown in the growth rate compared to previous years.

Ith Sam Heng made the remarks at the ministry’s annual meeting, noting that the $7.6 billion amount was up from $7.3 billion in 2016. According to previously reported government data, the sector grew by 7.2 percent in 2016, up from $6.8 billion the year before.

It’s the first official reporting of 2017 export data for the sector. Export data are traditionally released by the Customs Department at the Ministry of Economy and Finance, however government officials have reported that the department has not released data from the second half of 2017. Both academics and business insiders have said the lack of accurate data harms research and business in the Kingdom.

The “trade statistics” section of the Customs Department’s website yesterday was displaying Lorem Ipsum text, often used by web developers as a placeholder and intended to be replaced with actual content before the site’s launch.

Slowdown was expected
The slower growth rate was anticipated by industry representatives.

Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia, said in October that the sector would likely see slower growth than in 2016, which he attributed to the larger base-size for the industry and said was not related to the political situation.

MOST VIEWED

  • ‘Support of CNRP return online will lead to arrest’

    Anyone posting messages supporting the return of Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), on social media will be arrested, the Ministry of Interior announced on Tuesday. Ministry spokesman Khieu Sopheak told The Post on Monday that authorities

  • CNRP activists arrested for ‘plotting insecurity’

    Three activists for the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) have been sent to Phnom Penh Municipal Court after they were arrested for their alleged involvement in an overseas-organised plot to mobilise demonstrations and cause insecurity. National Police spokesman Chhay Kim Khoeun said the

  • Police conduct raid on Orchid massage parlour

    Thirty-seven people, including three minors, were detained after Phnom Penh Municipal Police and the Department of Anti-Human Trafficking and Juvenile Protection raided the Orchid massage parlour in Sen Sok district’s Phnom Penh Thmey commune on Monday. The 27-room massage parlour is believed to have

  • Rainsy charged with ‘insulting the King’

    Ministries and state institutions have condemned Sam Rainsy, the “acting president” of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP), for allegedly insulting His Majesty King Norodom Sihamoni. The condemnation came in the wake of Rainsy’s claim on Thursday during an interview with Radio