Prime Minister Hun Sen announced yesterday that in 2023 garment and footwear industry workers can expect a minimum wage of at least $250 per month. Speaking to thousands of garment workers in Phnom Penh’s Por Senchey district yesterday, Mr Hun Sen said that in 1997, Cambodia had only 64 factories with more than 80,000 workers who earned only $40 per month.

 

He added that now there were more than 1,100 garment and footwear factories where workers earned $153 per month in 2017 and $170 starting this year, which could add up to more than $200 including other benefits. “If we compared the wages of workers last year and this year to other countries, we see that Cambodia’s wages are higher than some countries such as Bangladesh, Sri Lanka, India, Myanmar, Indonesia, Laos and Pakistan,” he said.

 

“The income of workers seems to increase every year, but we have to think about the risks. If we do not have serious measures, the factory will move to a country with a lower salary than Cambodia and then the government will lose more than $40 million a year, but the wage for workers still must be increased every year.” The premier added that the CPP political platform to be implemented in 2019-2023 outlined approximate figures for the minimum wage of garment workers.

 

read more http://www.khmertimeskh.com/50202050/pm-predicts-at-least-250-per-month-for-garment-workers-in-2023/

 

 

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Make it rain with all that extra cash.

Armani goes broke now.