On 5th March 2018, the Myanmar National Minimum Wage Committee increased the rates of the standard minimum wages for employees in Myanmar under the Minimum Wages Law 2013 (1) from MMK450 per hour to MMK600 per hour and (2) from MMK3600 per day (8 hours) to MMK4,800 per day. This is a 33% increase from… Read More
Effective from 15 March 2018, LawPlus Myanmar Ltd. has moved to Unit No. 520, 5th Floor, Hledan Centre Corner of Pyay Road and Hledan Road Kamayut Township, Yangon, Myanmar Our telephone numbers remain +95 92 6111 7006 and +95 92 6098 9752. Please click here for our location map. Please click here for the profile… Read More
The Bankruptcy Act (No. 10) B.E. 2561 (A.D. 2018) was published in the Royal Gazette on 2nd March 2018. It amended the Bankruptcy Act B.E. 2483 (A.D. 1940) effective from 3rd March 2018. The major changes under the Bankruptcy Act No. 10 are listed below. The term “secured creditor” has been changed to include secured… Read More