The labour ministry’s new 1,000 kyat “allowance” skirts minimum wage law requirements at a time when the military’s mishandling of the economy has drastically shrunk workers’ purchasing power.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
