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May 25, 2018

Myanmar Increases Minimum Wage

The National Committee on Minimum Wage issued Notification 2/2018 (the Notification) on May 14, 2018, which enters into force on the same date and sets the new minimum wage in Myanmar to be MMK 600 (approximately USD 0.45) per hour and MMK 4,800 (approximately USD 3.6) per eight-hour workday, irrespective of the type or location of work. This new minimum wage increase does not apply to small and family-owned businesses with less than 10 employees.

Previously in 2015, the minimum wage in Myanmar was set at MMK 450 (approximately USD 0.34) per hour and MMK 3,600 (approximately USD 2.7) per eight-hour workday, irrespective of the type or location of work. The 2015 minimum wage did not apply to small and family-owned businesses with less than 15 employees.

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