Hun Sen says Wage Changes Are Not Up To The Government

Prime Minister Hun Sen said yesterday that the government has no role in setting the minimum wage, as Cambodia is a market driven economy, and shot down unnamed people who have been calling for the government to significantly raise the country’s floor wage of $61. “For those who said the government must pay this payment or that payment, it is wrong. That is not how the market economy works,” he said. “The requirements of a market economy are based on the enterprise’s profits.” … Representatives of the Garment Manufactures Association in Cambodia (GMAC) have previously said that factory owners cannot afford the minimum wage increase being proposed by labor unions, and called instead for a free-market approach, in which wages would rise as factories compete for the country’s limited supply of labor. …

http://www.cambodiadaily.com/news/hun-sen-says-wage-changes-are-not-up-to-government-14455/