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The Chicken & Egg problem – raise Minimum Wage first or Productivity?

  The decision by the National Committee for Designating Minimum Wage on January 2nd to increase the minimum wage has left many in the garment industry dissatisfied. Union officials believed that the new minimum wage of K4800 was not enough to cover the increasingly high cost of living, especially in the cities. Instead, they advocated […]

Yangon is 44th priciest city in Asia Pacific

Expatriates and locals alike are complaining about the rapid increase in the cost of living Yangon should remain an attractive work place for expatriates, if their employers base the relocation decision on ECA International’s cost of living survey. The survey, released yesterday, showed that Yangon is the 44th cheapest city in Asia Pacific and 204th […]

Cost of living for expats on the rise in Yangon

Yangon has climbed to become the sixth most expensive city in the ASEAN bloc for expatriates to live and work, a new survey by global consulting firm, ECA International found last week. Singapore was the most expensive Southeast Asian city and the 30th most expensive city worldwide for international assignees to live. The ranking was […]