- Nepalese Airlines to launch nonstop flight service to Yangon
- Buses remain least among 90,000 vehicles registered
- Korean firm to conduct feasibility study on water supplying projects in Yangon
- Credit Information Bureau to be formed
- ASEAN Economic Community Workshop held in Myanmar
- Vietnam-Myanmar economic seminar in Yangon
- Investment commission approves 33 companies in first quarter
- Gold price slumps in Myanmar
- US Dollar hikes but temporarily, Central Bank says
- Myanmar hardwoods to be exported to EU only in 2015
Overseas employment agencies no longer required to pay FEC100 per person
Published on Tuesday, 20 November 2012 22:21
Overseas employment agencies are no longer required to pay the government for each person they serve starting from November 19, announced Myo Aung, director-general of Department of Labour.
Overseas job services providers used to pay 100 Foreign Exchange Certificate (FEC), the country’s second currency circulated in place of the US dollars, for each worker they sent abroad.
The government has waived the charges in a bid to cut the cost for those who seek to work overseas, Myo Aung said.
Previously labour registration card was issued for one to work abroad, only after the due FEC100 had been paid.
The withdrawal of FEC100 payment was earlier promised by Maung Myint, minister of Labour, Employment and Social Security on October 22.