Economy
Cambodian Economists Warn $250 Minimum Wage Demand Poses Risk of Factory Closures
Cambodian economic experts have warned that the demand for a $250 minimum wage is "excessive" and poses a risk of factory closures due to rising labor costs. Comparisons with lower wages in neighboring countries and the need to link wages with productivity have been highlighted.
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- Cambodian Economists Warn $250 Minimum Wage Demand is "Excessive," Risking Factory Relocation
Cambodian economic experts have warned that the demand for a $250 minimum wage is excessive and risks factory relocation. The demand, made without considering productivity or company capacity, is pointed out as potentially harming the economy.