Award is shared this year with Thailand, and comes at time when Cambodia views rice exports as way to increase incomes for its subsistence farmers.
In interviews with VOA Khmer, factory workers describe poor living conditions and poor eating habits as a result of their low wages.
Many young Cambodians say they fear the impending competition from an EU-like economic integration that would free up goods and services between the 10 Asean nations.
All 10 Asean countries are set to form and EU-style community, allowing the free movement of goods and services between them at the end of 2015.
China recently pledged between $500 million and $700 million for Cambodia, but it is not clear where the money will be spent.
Government-backed rice price support scheme launched by former leader Yingluck Shinawatra promised farmers a fixed, above-market price for their rice crops.
Some unions had demanded up to $177 per month, in a sector that employs up to 700,000 Cambodians and is a major economic driver for the country.
More than 80 percent of country's 850,000 elderly never had formal employment and therefore do not qualify for a pension.
Two major unions said that they didn't agree with the new figure and will hold meetings with their members about what to do next.
A former Japanese reporter is doing her part in the fight against human trafficking in Cambodia by publishing comic books and distributing them for free in and around Cambodia.
The head of Thailand’s military-controlled government begins a two-day visit to Cambodia today, in a bid to improve diplomatic ties with Cambodia in talks with Prime Minister Hun Sen and other officials.
Intermittent electricity, informal payments and a low-skill labor force are all major constraints to doing business in Cambodia, the report says.