by webmaster | Jan 9, 2026 | Legal Updates
New 15% Conversion Rate: CBM Reduces Mandatory Export Earning Conversion to 15% The Central Bank of Myanmar (“CBM”) has issued Notification No. 2/2026 on 7 January 2026. This notification introduces a significant relaxation of the foreign exchange rules first...
by webmaster | Oct 17, 2025 | Legal Updates
Minimum Wage Adjustments in Myanmar: 2023–2025 Allowances On October 14, 2025, the National Committee for Setting the Minimum Wage of Myanmar (the “National Committee”) announced an additional allowance to the daily minimum wage rate for workers through Notification...
by webmaster | Oct 9, 2025 | Legal Updates
Education Allowance Introduced by the Social Security Board The Social Security Board (“SSB”) has introduced a new education allowance aimed at supporting employees’ children from primary school through university. On 16 May 2025, the SSB issued Notification No....