Opinion

Cambodia poised to be big Covid-19 loser

Kingdom has relatively few virus cases and deaths but pandemic’s impacts could be fatal to the economy

Cambodia, despite reporting fewer coronavirus cases than most of its neighbors, could be among the region’s biggest Covid-19 losers due to economic and financial contagion effects.

The country’s most crucial business sectors, including tourism and garment manufacturing, have ground to a virtual halt since the pandemic first emerged in China in January and thereafter spread worldwide.

Cambodia’s tourism industry, which usually contributes around one-third of gross domestic product (GDP), is now dead in the water due to the lack of mainly Chinese tourists, who make up the bulk of visitors.

In full: https://asiatimes.com/2020/05/cambodia-poised-to-be-big-covid-19-loser/

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