Logo of Phnom Penh Post newspaper Phnom Penh Post - Labour will face threats from tech, says ADB

Labour will face threats from tech, says ADB

An employee works at a garment factory in Phnom Penh’s Por Sen Chey district in 2014.
An employee works at a garment factory in Phnom Penh’s Por Sen Chey district in 2014. Vireak Mai

Labour will face threats from tech, says ADB

Experts from the Asian Development Bank (ADB) warned of disruption in the labour market due to technological advances at the bank’s annual meeting in Manila on Thursday, though officials also noted that Cambodia had several programs in place to help mitigate any negative consequences.

Elisabetta Gentile, an economist at the ADB, said technological advances like automation would require workers to acquire new skills in order to stay competitive in the future.

“We have to help [workers] for this transition, in order to contribute to economic growth in the country,” she said.

Cambodia’s government is vocally supportive of such a transition, although it remains to be seen whether the significant investment required to retrain the workforce will be forthcoming.

“It is a real challenge that we will face in the next decade,” said Heng Sour, a spokesman for the Labour Ministry. “We need to move from the labour-intensive [work] to a more knowledge-based industry, and train our workforce to cope with that challenge.”

The ADB has proposed several projects in Cambodia that seek to develop the country’s workforce, including a $60 million project that focuses on educating workers, with the goal of transforming Cambodia’s economy from labour-based to skills-based by 2025.

The bank has also funded a technical and vocational training program, as well as an expansion of secondary education in the country.

According to Gentile, Cambodia has time to make such a transition, but the preparation work should being now.

“We have to start working today to build the skills that workers in all of developing Asia will need to seize the opportunities new technologies offer,” she wrote in an email, adding that at the same time, governments should boost social safety nets for workers.

“Governments in developing Asia should ensure that workers are protected from the downside of new technologies, and able to harness the new opportunities they provide.”

Note: The Asian Development Bank funded travel and lodging expenses associated with this story. They had no influence in the reporting or editing process.

MOST VIEWED

  • Phnom Penh unveils rules for post-lockdown transition

    The Phnom Penh Municipal Administration issued a set of detailed guidelines for the seven days to May 12 after the capital emerges from lockdown at the onset of May 6. In the 14-page document signed by municipal governor Khuong Sreng released on the evening of May 5, the

  • SBI LY HOUR Bank Launches Cross Border Money Transfer Service between Cambodia and Vietnam on RippleNet, utilizing DLT

    SBI LY HOUR Bank Plc and Hanoi-based Tien Phong Commercial Joint Stock Bank (TPBank) on Friday launched the first Cambodia-Vietnam money transfer service in real currency via RippleNet, provided by SBI Ripple Asia Co Ltd to provide safe, fast and convenient services. SBI LY HOUR

  • Gov’t issues guidelines as lockdown nears end

    The government has issued a five-page set of instructions to be enforced when the three-week lockdown of Phnom Penh and adjacent Takmao town in Kandal province ends on May 6. According to an announcement signed by Prime Minister Hun Sen on May 4, the instructions cover a

  • Cambodia ready to exit LDC status

    Cambodia is well-prepared to minimise economic risks when it graduates from its Least Developed Countries status, according to a senior official at the Ministry of Commerce on May 7. Four LDCs – Cambodia, Laos, Bangladesh and Nepal – met at a virtual workshop last week to explore potential

  • Nine US franchises eye Cambodia debut

    Nine famous US franchising companies are looking for business opportunities and expansion into Cambodia to build a footstep for a strong foundation in Southeast Asia. The US embassy in Phnom Penh, in partnership with the US Foreign Commercial Service and with support from the American

  • Lost in translation: ‘Starvation’ in capital’s designated red zones

    “DACH bay” is a Khmer slang meaning a “loss of income”, that could also be literally translated to «deprived of rice”, which alludes to starvation. However, civil society organisation (CSO) officials have independently confirmed the government’s prior assertions that there are no cases of