In Myanmar, gaming companies now face severe penalties if they fail to meet performance targets. The policy is no joke—there must be clear results if they want to continue operating.
Companies that fail to achieve expected results could be fined or shut down, according to the new rules. Some business owners are concerned about this because it poses a serious threat to the livelihoods of employees and the country's gaming industry.
The fine is estimated to reach 2,000,000 kyat, or approximately ₱56,000 pesos. For small companies, this is a big blow to their operations. So right now, companies are doubly scheming just to avoid the penalty.
The Myanmar government aims to improve the quality of the gaming industry in their country. But for some, it is too strict and unfair, especially for new players in the industry.
If you are in the gaming business in Myanmar, you need to make sure you have results every month. If not, the next news might be you are the one being punished.
