MYANMAR Law and Practice Contributed by: Kana Manabe, Thit Thit Aung, Julian Barendse and Nirmalan Amirthanesan, Myanmar Legal Mori Hamada
2.5 Labour Law Regulations Employment is primarily regulated contractually in Myanmar, subject to the requirements of a number of labour laws that regulate minimum standards in aspects of employment such as overtime and occu - pational health and safety. Among such labour laws are the Employment and Skills Development Law (Law No 29/2013), the Shops and Establishment Law (Law No 18/2016), the 1951 Factories Act, and the Occupa - tional Safety and Health Law (Law No 8/2019). Myanmar has amended several of these laws and there continues to be a push for further amendment. Under the Employment and Skills Development Law, an employer is required to finalise a written employ - ment contract within 30 days of commencement of employment. The employment contract must be filed with the local township office of the Ministry of Labour. To this end, the Ministry of Labour issued Notification No 140/2017 on 28 August 2017, prescribing a tem - plate employment contract to be used by businesses in Myanmar. On 5 October 2023, the Ministry of Labour’s National Committee for Setting the Minimum Wage issued Notification No 1/2023, increasing the daily mini - mum wage for the cut-make-pack (CMP) sector by MMK1,000 to MMK5,800 per day. Subsequently, it issued Notification No 2/2023 (dated 9 October 2023), extending this increase to all sectors. The daily mini - mum wage was further increased on 9 August 2024 by 1,000 kyats under Notification No 1/2024 and a further 1,000 kyats on 1 October 2025 under Notification No 1/2025. It should be noted that, even though the daily minimum wage has increased, the hourly minimum wage (relevant for workers working less than one day or for calculating overtime) was not specifically raised. In addition, while the Minimum Wage Law (Law No 7/2013) requires the minimum wage to be reviewed at least every two years, this has only occurred once since 14 May 2018, on 5 October 2023, with amend - ments to the minimum wage since then being only to
proposal is compatible with the national security poli - cies and objectives of the Myanmar government.
3. Recent Legal Developments 3.1 Significant Court Decisions or Legal Developments Update on the Insolvency Law Myanmar Insolvency Law (Law No 1/2020) (IL), which had generally entered into force on 25 March 2020, has now been fully implemented with the issuance by the Insolvency Practitioners Regulatory Council (IPRC) of Insolvency Practitioner Certificates (IP Certificates) to 14 public accountants, or CPAs, and six advocates of the Supreme Court on 30 October 2025, register - ing them as insolvency practitioners under the IL. In January 2026, a second group of IP Certificates was issued, bringing the total number of certified insol - vency practitioners to 85. Among those issued with an IP Certificate is Daw Khin Cho Kyi, Senior Myanmar Legal Adviser of Myanmar Legal Mori Hamada Limited. As a result, this firm is able to assist Myanmar businesses in undertaking a winding up under the IL. Prior to this, the implementation of the IL had remained pending, notwithstanding the entry into force of the IL on 25 March 2020, because the certification of insol - vency practitioners is required to undertake the legal procedures under the IL requiring an insolvency prac - titioner (such as the appointment of a liquidator). As a result, a liquidation in accordance with the IL has not been available to Myanmar businesses until now. Financial Action Task Force At the plenary meeting of the Financial Action Task Force (FATF), held in Paris on 21 October 2022, the FATF added Myanmar to the list of jurisdictions that are subject to a “call for action” (known generally as its “blacklist”). On 13 February 2026, the FATF announced there was no change to Myanmar’s status and that if no further progress is made by June 2026, it would consider countermeasures. Consequently, Myanmar will remain subject to a “call for action”. As a result of these measures, it is expected that there may be additional complexity and therefore more time may be
increase the daily minimum wage. 2.6 National Security Review
There is no specific national security review of acqui - sitions in Myanmar. However, the MIC must consider − along with other criteria − whether an investment
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