Home / Knowledge / News / Announcement / Myanmarese Govt sets new daily minimum wage at K4800
Myanmarese Govt sets new daily minimum wage at K4800
08
Mar '18
Myanmarese Govt sets new daily minimum wage at K4800
Myanmar’s National Committee for the Minimum Wage recently set the country’s daily minimum wage at K4800 ($3.60) for an eight-hour work day despite objections from both workers and employers. The new wage, however, will not affect enterprises that employ 10 people or fewer, according to U Thein Swe, minister of labour, immigration and population.

The earlier minimum wage of K3600 was set in September 2015. The committee first proposed the new minimum wage on January 2, with both workers and businessmen rejecting the proposal, according to a report in an English-language newspaper in Myanmar.

Employers cautioned that a K4800 basic wage will force small and medium industries to close. Workers said the amount would not be enough to sustain families amid rising prices of basic commodities. They demand the minimum wage to be at least K5600.

Despite the increase, Myanmar remains the lowest compared to the minimum wages of other countries in Southeast Asia, even falling behind Cambodia, Laos and Vietnam.

The government should improve the infrastructure, facilitate loans for the upgrade of machines, reduce red tape and provide training for workers to increase productivity, U Myint Soe, chair of the Myanmar Garments Manufacturers Association (MGMA), said. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Trump signs revised free trade agreement with S Korea

Textiles | On 25th Sep 2018

Trump signs revised free trade agreement with S Korea

President Donald Trump signed a revised free trade agreement with...

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Indonesian textile industry targets exports of $14 bn

Apparel/Garments | On 25th Sep 2018

Indonesian textile industry targets exports of $14 bn

With a January-July 2018 exports figure of $7.74 billion, the...

Interviews View All

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Hardik Sanghvi,

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search