Garment factories lobby for savings to make up for rising wages

Garment manufacturers this week lobbied for more cost-saving policies to offset the rise in the sector’s minimum wage.

Addressing the Commerce Ministry’s 2020 “goal-setting” conference on Tuesday, Garment Manufacturers Association in Cambodia (GMAC) chairman Van Sou Ieng said companies were looking for the government to introduce policies that would help them cut expenses.

“We’ve seen rapidly rising costs, which require compensatory savings in other areas, like productivity improvements and reduced business operating costs,” Sou Ieng said at the conference, which was presided over by Commerce Minister Pan Sorasak.

In full: https://cambojanews.com/garment-factories-lobby-for-savings-to-make-up-for-rising-wages/

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