07-09-2024, 02:58 PM
(07-09-2024, 02:54 PM)Tee tiong huat Wrote: Myanmar nationals working abroad threatened with penalties for failing to remit 25 percent of their earnings. Money must be sent back to Myanmar through junta-approved channels at artificially low exchange rates.This evil military junta wants Myanmar foreign workers to remit money back to their country, so that they hv money to buy more weapons to kill civilians.
Myanmar’s military regime has issued a warning to citizens working abroad, requiring them to remit 25% of their income through approved channels or face penalties.In a statement released on Friday, regime announced workers who fail to comply will be denied passport extensions & overseas worker identity cards can may face future travel bans.Remittances must be made monthly or quarterly through registered banks, not through unlicensed money transfer services known as “hundis.”
The regime mandated employment agencies sending workers abroad assist with these transfers and submit monthly documentation to the authorities.A foreign employment agency owner in Yangon, who wished to remain anonymous, expressed difficulty in getting workers to adhere to the rule due to revenue loss.