Logo of Phnom Penh Post newspaper Phnom Penh Post - SRP calls for wages reserve

SRP calls for wages reserve

SRP calls for wages reserve

THE government should require garment factory owners to set up reserve accounts equivalent to three months' salary for all employees, opposition leader Sam Rainsy wrote in a letter sent to National Assembly President Heng Samrin on February 24.

Such a move would ensure that factory workers would receive a financial cushion should factories shut down, the president of the Sam Rainsy Party argued in the letter, which Heng Samrin forwarded Friday to Prime Minister Hun Sen.

"I hope the government will require all factories nationwide to deposit a reserve to pay the salaries of garment workers if factories go bankrupt or close down," the letter reads. "This will help the factories avoid demonstrations and riots, which could lead to anarchy."

Sam Rainsy said the global economic crisis had led to an increase in factory closings.

Chea Mony, president of the Free Trade Union of the Workers of the Kingdom of Cambodia, told the Post last week that 30 garment and footwear factories employing 27,000 workers closed in 2008. He said Sunday that 10 had closed thus far in 2009 and that only one had offered severance payments.

He expressed his support for Sam Rainsy's proposal, saying it was necessary for factories to protect workers' salaries.

But Kaing Monika, external affairs manager for the Garment Manufacturers Association of Cambodia, said the proposal would put an undue financial burden on the industry. On top of pressures stemming from the economic crisis, this burden could lead to further factory closings, he warned. 

MOST VIEWED

  • Massive stingrays may live in Mekong’s deep pools

    US scientists have suggested that unexplored deep pools in the Mekong River in an area of Stung Treng could potentially be home to significant populations of giant freshwater stingrays, one of the world’s largest freshwater fish species. This comes as a fisherman hooked a 180

  • CCC team off on US business trip

    The Kingdom’s leading economists and private sector representatives have called on the US to renew its tax preferential status for Cambodian exports, as a Cambodia Chamber of Commerce (CCC) delegation departed for a weeklong business visit to the US, where they will meet with

  • PM takes time to meet, greet Cambodians living in the US

    After landing in the US ahead of the ASEAN-US Special Summit, Prime Minister Hun Sen was received by over 1,000 Cambodian-Americans including political analysts who welcomed him with greetings, fist bumps and selfies. Hun Sen also met with analyst Mak Hoeun, who had allegedly spoken ill

  • Khmer cinema classics back on big screen for free at WB Arena’s outdoor movies series

    On a recent Saturday evening at WB Arena, Bunsong was enjoying a tasty BBQ meal with his family after work on the long tables that had been arranged out in front of the restaurant as they watched a Khmer action movie on a big outdoor

  • PM heads to Washington for ASEAN-US special summit

    Regional and international issues and how to bring the ASEAN-US partnership to another level will be discussed at length as Prime Minister Hun Sen and his ministers arrive in Washington, DC, for a special summit on May 12-13. During the trip, Hun Sen and ASEAN

  • National Assembly refutes EU resolution

    The National Assembly (NA) has hit back at a European Parliament resolution condemning the political and human rights situation in Cambodia, calling it another display of the Parliament’s “double standards”. Key points of the resolution include a warning that the Parliament could exclude the