Despite industry concerns that a minimum wage increase to US$128 a month decided earlier this year would hurt Cambodia’s apparel exports, the clothing and footwear sector, which is a mainstay of the country’s economy, showed robust growth in the first half of 2015, netting around US$3bn, according to a new bulletin from the International Labour Organization (ILO).
The ILO reported that the sector’s shipments grew by 12.7% compared with the same period last year, with clothing alone accounting for more than US$2.7bn of these exports with year-on-year growth of around 10%.
For the full story, see the December 2015 edition of Textiles South East Asia. Not a subscriber? Sign up HERE