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Monday, May 6, 2024

Myanmar junta orders all workers abroad to remit 25%

Funds must be deposited at state-linked banks at money-losing official exchange rates

Workers from Myanmar who have obtained visas wait at the Ministry of Labour in Tak to undergo training on working in Thailand before receiving their work permits.

The military government in Myanmar is demanding that expatriate workers remit at least 25% of their foreign currency income through the country’s banking system, according…

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