Final Meeting of National Council For Minimum wage

Mr. CHHEAV Narath, EuroCham Board Member and Chairman of the Human Resources Committee, attended the final meeting of the National Council for Minimum Wage on September 28, 2023.
During the National Minimum Wage Council, the 3rd Mandate (year 1) has a tripartite agreement as follows:

1. Government representatives: 17 representatives

2. Employer representatives: 17 representatives

3. Employee representatives: 17 representatives

Without an agreement on a number for wage during the previous 20 meetings, we held a final meeting to vote on the minimum wage for workers in the textile sector for 2024, including clothing, footwear, travel goods, and bags. As a result, the National Minimum Wage Council's final vote, which received 51 votes, was as follows:

Figure: 202 USD, 46 votes

Figure: 204 USD, 0 votes

Figure: 213 USD, 5 votes

Hence, the National Minimum Wage Council's Third Mandate-Year 1 decision to choose 202 USD as the minimum wage base for workers in the textile sector for 2024 was made. Samdech Thipidei HUN MANET, Prime Minister of the Kingdom of Cambodia, decided to increase the amount of 2 USD, or 204 USD, for worker employees in the textile sector for 2024, with implementation beginning on January 1, 2024. Samdech did this considering the wellbeing of workers and employees in the face of the current global economic crisis.