The government has collected more than K400 million in tax revenues in the three months since implementing a new gold tax on jewelry stores, said U Aung Moe, Deputy Director of Internal Revenue Department (Mandalay) on October 3. According to the statistics of Internal Revenue Tax Department, the tax money received from July, the period […]
Read MoreMyanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]
Read MoreTHE economy in the resource-rich Rakhine State is throttled by the crisis as well as the accompanying international backlash, dashing any hope of massive foreign investment in the near future. In the meantime, local communities in Kyaukphyu have demanded the stake ratio of the proposed Kyaukphyu port to be restructured so as to allow a […]
Read MoreTHE International Labour Organization (ILO) published its guide to Myanmar labour law on September 28. The project was funded by the European Union, Norway, Switzerland United States and the ILO. Since 2011, Nay Pyi Taw has requested ILO’s support for its legal reform process, including assisting the government to conduct a labour law review, aimed […]
Read MoreTHE country may soon face a land conflict epidemic as a result of the growing influx of investments and the subsequent demand for land, unless the laws and policies that adequately address land-rights issues are urgently adopted and implemented, warned the Paris-headquartered International Federation for Human Rights (FIDH) in a report released on September 27. […]
Read MoreTWO taskforces have been formed to review Dawei SEZ’s development: one will focus on problems encountered with the developer for the initial phase, the other on upgrading an existing two-lane road connecting Htee Khee to an ASEAN-standard highway. The initial meeting between the two taskforces – held in Nay Pyi Taw from September 20 to […]
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Thailand
