MYTEL, which this year became the fourth telecommunications operator to enter the fast-growing Myanmar market, plans to have its services cover more than 95 per cent of the country’s population in three years, a company executive said. Zaw Min Oo, chief external relations officer at Mytel, said the firm would provide Myanmar’s first all-4G network, […]
Read MoreFirms with well-managed accounts, data and documents will receive the necessary recommendations needed for them to apply for loans. However, it will still take a while for firms without a credit history to receive a recommendation from the credit bureau if their books are not in order, U Kyaw Soe Min, chair of the newly […]
Read MoreConcerns have been mounting over a steep increase in local steep prices, however reinstating controls on the price of fuel to cap the spike will only result negative effects on the economy, said Dr Win Myint, secretary of Myanmar Petroleum Trade Association (MPTA). “The system of price controls has been done numerous times in our […]
Read MoreMore than 8,000 acres of jade and gem blocks backed by the State are expected to remain active until 2021, said U Aung Nyunt Thein, managing director of the Myanmar Gems Enterprise under the Ministry of Natural Resources and Environmental Conservation. This is after the Myanmar Gems Enterprise under the new government suspended renewals of […]
Read MoreThe Internal Revenue Department (IRD) will practice a Self Assessment System (SAS), moving away from the existing system of tax collection, U Myint Thaung, Yangon regional Planning and Finance Minister, said in Parliament this week. “We will start implementing SAS so that taxpayers do not need to seal with staff from the tax offices. This […]
Read MoreThe Department of Urban and Housing Development under the Ministry of Construction yesterday announced its commitment to implementing four mega infrastructure projects in Mandalay and Yangon regions. In Mandalay, the MOC has shortlisted six companies, one of which will be selected as Master Developer of the New Mandalay Resort City, which will be developed in […]
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