ASEANEWS HEADLINE-CIVIL WAR | Myanmar nationals working abroad threatened with penalties for failing to remit 25 percent of their earnings
Myanmar workers on a fishing boat in Thailand (EPA)
Money must be sent back to Myanmar through junta-approved channels at artificially low exchange rates
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Myanmar’s military regime has issued a warning to citizens working abroad, requiring them to remit 25 percent of their income through approved channels or face penalties.I
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n a statement released on Friday, the regime announced that workers who fail to comply will be denied passport extensions and overseas worker identity cards and may face future travel bans.
Remittances must be made monthly or quarterly through registered banks, not through unlicensed money transfer services known as “hundis.
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Memento Maxima Digital Marketing” The regime also mandated that employment agencies sending workers abroad assist with these transfers and submit monthly documentation to the authorities.
A foreign employment agency owner in Yangon, who wished to remain anonymous, expressed difficulty in getting workers to adhere to the rule due to revenue loss.
“The. . .
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