Over 37,000 candidates eligible for Korean Employment Exam in August

More than 37,000 candidates have been eligible to sit for Korean Employment Exam to be held in August, according to the statement of the government’s foreign employment agency POEA-EPS. As of July 27, more than 37,000 eligible candidate names have been released, and the application for taking the exam has been accepted from 7 and 23 July. The remaining candidate names will continue to be released, and those who are eligible to take the exam must submit US$24 for registration fees, which can also be paid in Myanmar Kyats, the statement says.

The exam which will be held from 16 August to 15 October will be for manufacturing and construction workers, and the results will be released on 22 October. The exam for the agriculture and livestock workers will be held from 21 October to 23 December, with the result coming out on 31 December. The EPS-TOPIK qualification test which will allow working in the Republic of Korea through the Employment Permit System (EPS) has been held 13 times in Myanmar.

It is reported that workers who passed the exam are being sent to the Republic of Korea according to the schedule. They must pay K85,000 for the suits and service fees, along with K1,500,000 as a deposit. Of 3,900 qualified workers who have passed the exam, about a quarter was sent to the Republic during the post-COVID-19 period, from 1 January to 30 May 2022. Over the past year, 42,832 people who passed the EPS-TOPIK exam have been officially sent to South Korea, and about 27,000 Myanmar workers are working legally in the country. According to the Ministry of Labour, more people are willing to work in South Korea due to a minimum wage of up to 9,000 won per hour and clear laws for workers.

Source: The Global New Light of Myanmar

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Trade via land borders earns $20.662 mln in first week of July 2022

From 2 to 8 July, a trade volume worth US$20.662 million was conducted from the Muse 105th-mile trade zone on the Myanmar-China border and the Kawthoung trade post on the Myanmar-Thailand border. The 105th-mile Muse trade zone on the Myanmar-China border has been able to export goods worth $12.065 million and import goods worth $5.467 million. Compared to the previous week, the volume of trade in the Muse 105th-mile trade zone decreased by $3.923 million in exports and $2.672 million in imports, and the trade volume decreased by $6.595 million.

The export this week included crab, eel, white sesame, pulp paper, dried chillies (stemless), turmeric (Shan), and arena nut (with shell) among others and the main exports such as rice, broken rice and beans decreased. As imports, more dry batteries, bicycle spare parts, medicines, and furniture were imported. Import value decreased because fewer corrugated iron sheets, kitchen appliances, tractors, light bulbs, and lamps were imported. Similarly, the Kawthoung trade post on the Myanmar-Thailand border was able to export goods worth $2.802 million from 2 to 8 July.

It is reported that the import value was $0.328 million and the trade volume was $3.13 million. In terms of exports, compared to the previous week, the main export items were various kinds of seafood and $0.202 million were earned more than the previous week. In terms of imports, compared to the previous week, although there were more imports of machinery and equipment, due to the decrease in the import of chemicals, plastic raw materials, detergents and other products, there was a decrease of $0.237 million. Compared to the previous week, the amount of trade decreased by $0.135 million, according to the Kawthoung trading post. 

Source: The Global New Light of Myanmar