3 mins read · Fri January 14, 2022
The Social Security Board (SSB) has changed how it calculates and how it reimburses maternity costs incurred at private medical facilities. This is applicable for all workers insured under Myanmar’s social security scheme. Changes to maternity entitlements, result from Directive No (7) 2021 issued by the SSB on 7 December 2021 with letter No.0905/3/LaMaPha(Med)2021(10927) (Directive).
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2 mins read · Thu July 29, 2021
The Central Bank of Myanmar (CBM) issued a letter on 1 March 2021 imposing weekly withdrawal limits of MMK 2million for individuals and MMK20 million for corporate account holders. In reality due to a lack of liquidity, most banks have set their own withdrawal limits significantly lower than those set by the CBM, making it […]
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