Real estate developers in Myanmar are expecting a boost in the number of property transactions in fiscal 2019-20, which they hope will help jumpstart the local property market. One reason demand will rise is as a result of a reduction in tax rates on previously undeclared income, which is expected to encourage those who have […]
Read MoreThai property developer Ananda Development Public Co Ltd wants to expand into Myanmar and is now looking for suitable partners in the country, its officials told Myanmar journalists in Bangkok on October 9. The company will focus on urban projects in Myanmar and is now exploring the various avenues through which it can invest in […]
Read MoreThe basic reference price for paddy will be maintained at K 500,000 for 100 baskets of monsoon paddy grown in 2019 and summer paddy to be cultivated in 2020, according to an October 15 announcement released by the government’s Leading Committee for Farmers Rights Protection and Interests Promotion. At that level, the reference price, or […]
Read MoreMANILA, Philippines — AC Energy Inc., the power platform of the Ayala Group, is expanding into Myanmar—its fourth overseas market— following the deal it signed with Singapore-based Yoma Strategic Holdings Ltd. to jointly work on around 200 megawatts (MW) of renewable energy projects. In a disclosure to the Philippine Stock Exchange yesterday, AC Energy said […]
Read MoreGem and jade businesses in Myanmar have long struggled against illegal traders, who evade taxes and undercut them in terms of price. Now, the same businesses are up against a new threat: e-commerce. Since the beginning of this year, brick-and-mortar gem businesses have seen a sharp drop in sales at international trade fairs and expos. […]
Read MoreThe energy and electricity sector has been allocated with the highest volume of funds in the Budget for fiscal 2019-20, which commenced October 1. It is the first time the energy sector will top government spending. The government is expected to spend a total of K35.2 trillion between October 1, 2019 and September 30, 2020, […]
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Thailand
