Cambodia's garment, footwear exports up 12.6% in 7 months

29 September 2014

Garment and footwear industry, Cambodia's largest income earner, reported a 12.6% rise in exports in the first seven months of 2014.

The country exported apparel and footwear products worth 3.47 billion U.S. dollars during the January-July period this year, up 12.6% from 3.08 billion U.S. dollars over the same period last year. The sector comprises 960 factories with some 620,000 workers, according to the Ministry of Labor. It earned 5.5 billion U.S. dollars from exports last year, accounting for about 80% of the country's total exports.

Labor Minister said factory employers could not afford to raise the minimum wage for the workers to the highest point in one time, and urged unionists to avoid any demand that was unacceptable.

Source:

http://thecambodiaherald.com/cambodia/detail/1?page=13&token=YzNlNWExMzcyOTh