Trade union representatives, government officials and footwear and garment workers in Cambodia have agreed on an increase in the minimum monthly wage for next year. In just six years labor costs have increased significantly in the country
According to the General Department of Customs and Excise in Cambodia the garment and footwear industry has registered a 7% growth in exports last year
According to figures release by the local Ministry of Commerce the total value of exports from the garment and footwear industry increased by 39.1% in the first quarter of 2016
The country's garment and footwear exports increased by 7.6% in 2015 and reached 6.3 billion US dollars, according to the Cambodian Garment and Footwear Sector bulletin
Cambodia's Ministry of Labor denied the rumors that the country's garment and footwear factories would be closed for a month. A call was made for cooperation
It has been announced that the minimum wage for clothing and footwear workers in Cambodia will increase by 9.4% to 140 US dollars a month. The announcement should contribute to alleviate the social tensions felt in the country