Member countries of the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) are working to develop a master development plan for 2019-23 to strengthen sustainable economic growth and enact better economic management. Deputy Prime Minister Somkid Jatusripitak said the ad hoc committee working on ACMECS’s master plan is scheduled to finalise it in April before submitting it […]
Read MoreSeven foreign banks have received approval to provide export financing services, U Soe Thein, deputy governor at the Central Bank of Myanmar (CBM) told The Myanmar Times on Wednesday. Details of the banks have not been released, pending an official announcement. “Seven out of 13 banks have been given approval to provide export financing and its […]
Read MoreA few elites will benefit from reviving Dawei SEZ, but what about the rest? Civil society organisations demand authorities to halt the controversial Dawei project and rethink. CIVIL society organisations have demanded the authorities to reconsider the plans to revive the controversial Dawei Special Economic Zone (SEZ). They argued that a site-wide environment impact assessment […]
Read MoreThe government will take action against those popular restaurants which do not affix commercial tax stamps properly,Yangon Region Minister for Planning and Finance U Myint Thaung said on February 20 at the regional legislature. Some retail stores, department stores and restaurants charge a 5 percent consumer tax fom customers. But nobody knows whether the 5 percent […]
Read MoreOffice rentals have fallen for the first time in five five quarters, according to Colliers International’s Q4 2017 Yangon Office Report. The rates have slipped from $45 per square meter to $43 currently, the report said. The correction in prices is mainly due to higher competition. As more modern office space becomes available in Yangon, existing […]
Read MoreSpeculation has been rife over the level of duties involved in the import and export of gold since the trade was liberalised last month, allowing gold to move freely in and out of the country via air, sea and border routes. Although the authorities have yet to make any announcements, industry insiders reckon a 15 percent […]
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Thailand
