Home / Knowledge / News / Apparel/Garments / Cambodian garment industry continues solid performance
Cambodian garment industry continues solid performance
04
Nov '15
The Cambodian garment industry's solid performance continued in the first half of 2015, according to a new edition of Cambodian Garment and Footwear Sector Bulletin released by the International Labour Organisation (ILO).

The ILO's Bulletin shows that during this first half of this year, Cambodian exports of garments and footwear were valued at $3 billion, a 12.7 per cent growth compared to the same period in 2014. Employment in the garment and footwear sector rose by 42 000 people over the first six months of this year, with total employment in registered factories reaching 607,000 in mid-2015.

The ILO Country Office for Thailand, Cambodia, and Lao People's Democratic Republic also acknowledged the recent decision by the Royal Government of Cambodia to increase the minimum wage for workers in the garment and footwear sector to $140 per month, following a tripartite process.

“There were fears in the past that minimum wage rises would cause the industry to falter. The data shows that the sector continued to perform quite well – Cambodia's market share of garment and footwear exports has continued to rise in recent years. Of course, this positive experience from past minimum wage increases does not guarantee that future increases will necessarily be as benign for the industry” said Maurizio Bussi, Officer in Charge of the ILO Country Office for Thailand, Cambodia and Lao People's Democratic Republic.

“The ILO will continue to respond to requests to provide technical advice and assistance to the tripartite stakeholders. We do hope that data and analysis in the Garment and Footwear Sector Bulletin will be used by stakeholders to inform evidence-based social dialogue around wages and other issues of key importance to the industry,” said Bussi. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: The White House

Textiles | On 21st May 2018

China, US put trade war on hold

Following weeks of uncertainty over imposition and counter-imposition ...

Equate posts best Q12018 results since inception

Textiles | On 21st May 2018

Equate posts best Q12018 results since inception

Equate Group's first quarter results for 2018 are the best since its...

Over 60% retailers already have IoT platforms: IDC

Apparel/Garments | On 21st May 2018

Over 60% retailers already have IoT platforms: IDC

Retail organisations are adopting IoT platforms and more than 60 per...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search