ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Myanmar to raise minimum wage by 33%

Compromise draws dissent from both labor and management

Labor-intensive industries in Myanmar such as seafood processing face increased costs from a higher minimum wage.   © Reuters

YANGON -- Myanmar will raise its minimum wage by one-third to 4,800 kyat ($3.63) per day, a move that will affect the country's labor-intensive exporting industries like garment manufacturing and food processing.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more