oversight by the National Bank of Cambodia. The Credit Bureau further increases the transparency and stability within the Cambodian Banking Sector as all banks and microfinance companies are now required by law to report accurate facts and figures relating to loan performance in the country. One of the largest challenges facing Cambodia is still the fact that the older population often lacks education, particularly in the countryside, which suffers from a lack of basic infrastructure. Fear of renewed political instability and corruption within the government discourage foreign investment and delay foreign aid, although there has been significant aid from bilateral and multilateral donors. Donors pledged $504 million to the country in 2004, while the Asian Development Bank alone has provided $850 million in loans, grants, and technical assistance. Bribes are often demanded from companies operating in Cambodia when obtaining licences and permits, such as construction-related permits. Cambodia ranked among the worst places in the world for organised labour in the 2015 International Trade Union Confederation (ITUC) Global Rights Index, landing in the category of countries with "no guarantee of rights".' In April 2016 Cambodia's National Assembly has adopted a Law on Trade Unions. "The law was proposed at a time when workers have been staging sustained protests in factories and in the streets demanding wage increases and improvements in their working conditions". The concerns about Cambodia's new law are shared not only by labour and rights groups but international organisations more generally. The International Labour Organization Country Office for Thailand, Cambodia and Lao PDR, has noted that the law has "several key concerns and gaps". Independent unions and employers remain divided. "How can a factory with 25 unions survive?" asked Van Sou Ieng, chairman of the Garment Manufacturers Association in Cambodia (GMAC), adding that it was "incomprehensible to expect an employer to negotiate a dispute with 25 different union leaders. A law was necessary to rein in the country's unions, Van Sou Ieng said. According to GMAC, last year there were 3,166 unions for the more than 500,000 workers employed in the country's 557 garment and textile exporting factories, and 58 footwear factories. Though garment production is already Cambodia's largest industry, which accounts for 26.2 percent of the country's Gross Domestic Product, Van Sou Ieng said without the trade union law, foreign investors will not come to do business". "Only with the trade union law will we, employers, be able