Cambodia subsidises garment, textile and tourism sectors

The government will continue to offer subsidies to the garment and textile industry, which accounts for 80% of the country’s exports.

Prime minister Hun Sen said Cambodia has set aside more than US$20.17 million in subsidies for the garment and textile industry, as well as the tourism sector, which has more than 330,000 workers. 

He said the government will extend the financial aid for the next three months to uplift the economy which has been badly hit by the pandemic. 

“The garment and textile industry saw 44 enterprises suspending its operation that affected 14,578 workers, while the tourism sector suspended 118 enterprises with 9,403 employees jobless.” Mr Hun Sen said in a TVK broadcast. 

In full: https://hrmasia.com/cambodia-subsidises-garment-textile-and-tourism-sectors/

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