Remittances by migrant workers go up in 2016-2017

Writer: 
Phyo Wai

Remittances by Myanmar migrant workers increased from over K370 billion in 2015-2016 fiscal year to K623 billion in 2016-2017, according to the Labour Department under the Ministry of Labour, Immigration and Population.

Myanmar citizens are working mostly in Thailand, Singapore, Malaysia, South Korea and Japan. Almost all Myanmar people leaving for other countries go to find jobs. More than 85 per cent of them are sending back money or materials to families.

A migrant worker from the rural area sends back K2.1 million a year while a worker from the urban area remits K43.3 million a year.

Thein Swe, Union Minster for Labour, Immigration and Population said: “The ministry is seeking ways in order that migrant workers can remit their money via official routes. In doing so, cooperation of overseas employment agencies is crucial.

“Licensed overseas employment agencies need to provide their services in accord with the law. The ministry has to take action against some undisciplined employment agencies.”

The ministry will take stern action against employment agencies that send workers to other countries with tourist visas.

In addition, the ministry is working to deal with the problems workers are facing in Thailand and the involvement of brokers. Most Myanmar workers are migrating to Thailand and Malaysia.