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Wage increases in Cambodia do not scare Japanese companies

Source: www.phnompenhpost.com
Date: February 28, 2015
Link: www.phnompenhpost.com
Author: Hor Kimsay

Recently the minimum wage in the garment sector in Cambodia has increased by 27%, from USD 100 to USD 128, and has sparked fear of a decline in foreign direct investment. While Japanese companies need to factor a rising wage bill into their future planning, there are other factors in the global economy that continue to play in favour of Cambodia.

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