By Chea Sophal
Phnom Penh: On 23 November 2011, The Royal Government of Cambodia announced the $5-Minimum Wage increase to the existing minimum wage of $61. The wage increase was announced through today Government-Private Sector Forum in Phnom Penh in order to support the living conditions of workers. In return, the government will delay the tax on profit of 1% from the garment and footwear until 2015.
The wage increase will be applied by January 1st, 2012.
Phnom Penh: On 23 November 2011, The Royal Government of Cambodia announced the $5-Minimum Wage increase to the existing minimum wage of $61. The wage increase was announced through today Government-Private Sector Forum in Phnom Penh in order to support the living conditions of workers. In return, the government will delay the tax on profit of 1% from the garment and footwear until 2015.
The wage increase will be applied by January 1st, 2012.
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