The Myanmar Times
Thursday, 28 August 2014
The Myanmar Times
The Myanmar Times

Govt assessing property below market value

Myanmar officials have deliberately fixed Yangon property assessment values below market prices as a strategy to encourage tax payment, according to U Kyaw Kyaw, director of the Ministry of Finance’s Regional Revenue Department.

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Rakhine shrimp farmers chase European markets

Improved market access leads to Rakhine shrimp farm resurgence, though declining yields remain a concern.

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Airline tie-up plans await okay for take-off

Plans for Japan’s largest airline to acquire a stake in Myanmar’s Asian Wings Airways for US$25 million are still to receive government approval, the Myanmar company’s chief executive has stated.

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Trouble frothing between Myanmar Brewery partners

Myanmar Economic Holdings Ltd (MEHL) is attempting to take control of Myanmar Brewery Ltd from its Singapore-based joint venture partner.

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Commercial tax: like VAT, but not quite

Yangon-based business and legal consultants Thinzar Khine and Sebastian Pawlita demystify commercial tax regulation in Myanmar.

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Free trade at any price?

Myanmar faces tough choices over a series of initiatives aimed at creating a more integrated ASEAN.

 

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ANA to acquire 49pc of Asian Wings

Reports have begun to circulate that Japan's ANA Holdings will acquire a 49 percent stake in a Asian Wings airways.

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Rice firms wary of Ministry plans

Domestic rice millers and traders say it is too early to open the wholesale market to foreign competition.

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Government moves to cool property market

Government officials say they are planning to introduce additional real estate transaction taxes to ease the overheating sector.

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The Fine Print: Legal and tax insight

Myanmar's government has taken an important step forward in signing a vital treaty, explain consultants Alessio Polastri and Sebastian Pawlita.

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