The Population of Myanmar 2015Myanmar's population in 2015
6 % of the population total: 19. 4 % of the population (2015 est.). 3) Despite this progress, more than a quarter of Myanmar's population still lives in poverty.
Myanmar: PYIDADATIONU HLUTTAW Law No. 28/2015, Health Care Act to Control Population Growth
CommentariesThis Act is part of the "Protection of Race and Religion". This allows the state to monitor population increase by setting "birth intervals", i.e. requires a woman to postpone the delivery of a baby for 36 month before having another one. DisclaimerThis is not a UNHCR document. The UNHCR is not and does not necessarily adopt the contents.
All opinions are those of the authors or editors only and do not necessarily represent the opinions of the UNHCR, the United Nations or its member states.
The Myanmar labour market after 2015
Until recently, Myanmar had been isolated from the rest of the country for many years. As the new democratic coalition is likely to rule in March, this could be a major turning point for the development of the labor market in Myanmar. Burma could become a major industrial centre as it lies in the heart of the world's most populous area - billion of prospective customers are right behind the curbs.
The latest headline survey shows that Myanmar has about 52 million people, 65 per cent of whom are of working age and 28 per cent. They will soon be willing to join the team. There is an impressing number of people of working age compared to other states. The working population of the advanced economies is likely to decline by 4 million in the next ten years.
China's working population has also begun to wither, and the final effort to have more than one baby will have no effect for some while. Although there is a large staff in Myanmar, companies are currently faced with a shortage of specialists. The Myanmar Busines Survey 2014 identifies the shortage of qualified labor in Myanmar as one of the greatest barriers to starting a busines.
For many of Myanmar's young population, there is a shortage of official training and knowledge of Myanmar's languages, which makes them unfit for many professions. At the same time, as a rule, seasoned and qualified employees find employment abroad with competitive wages. In a new bill, the administration tried to address the issue by requiring that all non-qualified posts be occupied only by Myanmarans.
The Foreign Investment Act also contains specific provisions and guidelines for professionals. A joint-stock corporation should have at least 25 per cent of its employees as Myanmar citizens in the first two years - the proportion should be doubled to 50 per cent in the second two years and rise to 75 per cent in the third two years.
It is also the responsibility of the investor to provide the Myanmar Investment Commission (MIC) with a detailed account of the practice and education methodologies used to enhance the capabilities of Myanmar citizens. Although these laws and regulation are supportive of the community, it does not mean that the administration should lean back and unwind.
An employment survey in 2013 pointed out that there are many industries that require professional qualifications from employees - including distribution and bookkeeping. There are an approximate 5 million Myanmar citizens abroad. The recent policy changes could draw them back to their home countries, along with the capacity and expertise to close the loop.
FDI in Myanmar in 2009 was only about $300 million. The coming years will also offer huge chances for the employees in the area. Myanmar bottomed out (189) at 167 this year in the 2016 World Bank Doing Banking Review, making it one of the most strongly improving states. In spite of these possibilities, the 2014 Myanmar Population Survey shows that the jobless figure is 4.1 per cent for the population between 15 and 65 years of age.
In Cambodia at the 21 ASEAN Summit, Heads of State and Government expressed their interest in the creation of an ASEAN Economic Community (AEC), which will turn the 10-nation block into a unique productive basis that will allow the free circulation of goods, ser-vices, investments, qualified workers and funds. Myanmar is also a member of the Bay of Bengal Initiative for Multi-sector Technical and Economic Cooperation (BIMSTEC), which plans to establish a free zone between Bangladesh, Bhutan, India, Nepal, Myanmar, Thailand and Sri Lanka by 2017.
Concern has arisen that accession to these trading blocks will harm weak domestic businesses in Myanmar that are unable to rival their dominant colleagues in the area. It is inevitable, however, when Myanmar has to be integrated into the world' s economic landscape. In order to better appreciate the present state of the labor markets, I set up an bankroll to research a favorite Myanmar employment exchange and posted two vacancies.
Mr. Acharya currently works as Business Development Manager in one of the FMCG operations in Myanmar. Viewpoints and statements made in this paper are those of the authors and do not necessarily represent the viewpoint of Myanmar Business Today.