DP World completes Cargo Services acquisition
DP World has completed its acquisition of Hong Kong-headquartered freight forwarder Cargo Services Far East ...
Cambodia’s garment exports could take a hit from the inclusion of neighbouring Vietnam in the controversial Trans-Pacific Partnership (TPP) trade agreement.
“The TPP can be a low-light for Cambodia’s export industry, as factory owners are looking for other countries to manufacture their products,” said Marco Civardi, area managing director for Vietnam & Cambodia at Damco.
“It is therefore foreseeable that some low-end garment production will shift to Vietnam as factories rightfully want to benefit from TPP’s reductions in duty and taxes.”
He added ...
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