Aero Media Co, the licence holder that manages advertising at 13 airports, is jumping on the media bandwagon at Yangon airport as a springboard to Cambodia, Laos, Myanmar and Vietnam (CLMV). The company is joining forces with Myanmar’s leading out-of-home (OOH) media operator Rifle Media to set up the joint venture, Rifle Aero Media Co, […]
Read MoreSix countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]
Read MoreIn 2017-18, the amount of debt in gold owed to the government is estimated to be more than K2.7 trillion compared to the budget deficit of K4 trillion. “If we had received taxes from this avenue on time, our country’s budget deficit could have been mitigated and GDP increased,” said Daw Shwe Shwe Sein Latt, […]
Read MoreTHOUGH MYANMAR received only US$123 million (Bt3.84 billion) from Thai investments in the previous fiscal year ending on March 31, the nation’s investment body foresees a significant inflow of Thai businesses over the next few years. Aung Naing Oo, secretary of Myanmar Investment Commission and director-general at the Directorate of Investment and Company Administration, said […]
Read MoreThe Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin Daing and Dala- as well as an […]
Read MoreMPs who discussed new tax regulations under the Yangon taxation law during a regional parliament session yesterday agreed that more should be done to improve the system. Yangon will this year start collecting wheel taxes based on engine power, deviating from its previous practice of collecting the tax based on vehicle weight. “Last year, vehicle […]
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