Negotiations Underway for Cambodia’s 2025 Minimal Wage Improve in Key Export Industries

Xinhua – Cambodia’s Nationwide Minimal Wage Committee revealed that the committee has begun discussions on a month-to-month annual minimal wage improve for employees in Cambodia’s clothes, footwear and journey items industries in 2025.

The Committee introduced the newest necessary statistics on financial and social standards throughout its first assembly. to supply a foundation for discussions Prepared to reveal that he has obtained varied data. From employer and worker representatives, resembling present inflation charges, competitors, and market situations

The assertion stated that employer and worker representatives had not but provided a precise wage determine for negotiations as they needed to barter additional internally. The following assembly might be held on 29 August and likewise on 6, 12, 19 and 26 September.

The Cambodian Ministry of Labor revealed that the clothes, footwear and journey items industries are Cambodia’s largest supply of international foreign money earnings. It contains roughly 1,538 factories and subsidiaries and roughly 913,000 workers.

The worth of Cambodia’s clothes, footwear and journey items exports was 6.24 billion US {dollars} (about 218 billion baht) within the first half. (January – June) from 2024 has elevated by 16.4 per cent in comparison with the identical interval final 12 months.

The sector’s minimal month-to-month wage is $204 this 12 months, up 2 p.c from 2023, and employees additionally obtain advantages resembling a journey and lodging stipend of US$7 (about 245 baht) and an everyday employment bonus of US$10 (about 350 baht. ) per thirty days.