Mu Sochua said there are few opportunities for jobs, coupled with land grabs and low wages for jobs that do exist—and this is forcing many Cambodian women to work abroad.
As of June 2015, microfinance institutions lent more than $2 billion, compared to $1.6 billion dollars in 2014, according to the Cambodia Microfinance Association.
Some 41 percent of the population in Cambodia are left behind and still live on less than $2 per day.
The ADB forecasts GDP growth at 7 percent for 2015 and 7.2 percent for 2016.
Labor leaders say they believe the $207 monthly minimum is an accurate reflection of the needs of workers.
The government has announced a new review of economic land concessions, shortening the period of some from 99 years to 50 years.
Cambodia’s manufacturing industry is a major economic driver, providing jobs to some 600,000 people.
Often underpaid and undervalued, there are not many artists devoted to preserving Khmer cultural values through arts these days.
Human rights campaigners claim the World Bank Group has repeatedly failed to intervene to stop its borrowers from cracking down on critics of dams, roads and other projects backed by the bank.
Labor leaders have said workers need a minimum $177 per month to keep up with the rising cost of living in Cambodia.
Vietnam may face a flood of Chinese imports as its neighbor to the north leans more on other countries to escape slowing demand at home
Cambodia has an estimated 30,000 legal workers in South Korea, and another 250,000 in Thailand.
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