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The pandemic so far – Taking stock of economic losses, starting with the garment sector

Share A woman sells vegetable on a pavement in Phnom Penh’s Por Sen Chey district. Hean Rangsey The pandemic so far – Taking stock of economic losses, starting with the garment sector Fri, 7 May 2021 The latest wave is sweeping through the Kingdom’s society and key economic sectors, thwarting growth just as it was on recovery mode We are still evaluating [economic losses],” was the brief yet grim answer Meas Soksensan, Ministry of Economy and Finance (MEF) spokesman offered as anxiety gripped key economic sectors in the latest wave of Covid-19 infections. As of May 6, 114 people had died while positive coronavirus cases have surged to 17,621, more than 30-fold from the cases registered on February 20, when the first community transmitted case was detected this year.

Suspended workers get lifeline

The Ministry of Labour and Vocational Training has announced the provision of financial assistance to 6,303 workers suspended from 34 factories and enterprises in the garment sector. The suspensions were due to global economic fallout caused by the Covid-19 pandemic. The ministry said the Wing Specialised Bank would handle the payments and SMS messages – alerting them that the money is available for pickup – will be sent to the mobile phone of each worker. “If you were suspended from one of the 34 factories or enterprises covered and you don’t receive the messages from Wing Bank, please contact the administrators at your factory for more information or to update your phone number with them,” the ministry notice said.

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