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130 garment factories closed in Cambodia PHNOM PENH -- The Cambodian government said 130 garment factories have closed so far this year as the global economic crisis continues to depress demand for the kingdom's key export earner, local media reported Thursday. The LaborMinistry said the closure rate of one factory every second day has cost more than 60,000 jobs so far in an industry that is one of the country's economic mainstays. Ministry figures showed that 30,000 workers have lost their jobs this year following the permanent shuttering of 77 factories. |
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