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Cambodia garment sector faces ongoing challenges

2016-09-11 14:04:00| Daily apparel & textile news and comment - from just-style.com

At first glance, Cambodia's garment sector is doing fine. ANZ Bank recently predicted 7.2% GDP growth in 2016, mainly fuelled by rising clothing exports. And just-released data from the International Labour Organization (ILO) points to a 14.7% jump in the country's clothing shipments to US$1.605bn during the first quarter of this year. But dig deeper, and it seems the overall situation of the Cambodian garment industry is less optimistic.

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Increased production challenges beef demand

2016-09-10 02:32:00| Beef

As beef production increases, beef prices are coming down from record levels at the wholesale and retail levels, says Derrell Peel, Extension livestock marketing specialist at Oklahoma State University, in his weekly market comments. Monthly average boxed beef prices peaked at $240.25 per cwt for Choice in May 2015 and at $249.34 in April 2015 for Select. read more

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