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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Improved market access leads to Rakhine shrimp farm resurgence, though declining yields remain a concern.
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.
Myanmar Economic Holdings Ltd (MEHL) is attempting to take control of Myanmar Brewery Ltd from its Singapore-based joint venture partner.
Yangon-based business and legal consultants Thinzar Khine and Sebastian Pawlita demystify commercial tax regulation in Myanmar.
Myanmar faces tough choices over a series of initiatives aimed at creating a more integrated ASEAN.
Reports have begun to circulate that Japan's ANA Holdings will acquire a 49 percent stake in a Asian Wings airways.
Domestic rice millers and traders say it is too early to open the wholesale market to foreign competition.
Government officials say they are planning to introduce additional real estate transaction taxes to ease the overheating sector.
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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