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Myanmar: MP proposes reduction of liquor tax

Excise taxes on foreign liquor should be reduced from the current level of 60 pc to balance between deterring illegal imports and boosting tax revenues, U Bo Bo Oo, Pyithu Hluttaw MP from Sanchaung township told Parliament last week. “The special commodity tax should be reduced to prevent illegal trading and control the sale of […]

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FPT studies oil pipeline into Myanmar

Fuel Pipeline Transportation (FPT) plans to conduct a feasibility study to extend an oil pipeline to Myanmar to capture dynamic oil demand. FPT is a subsidiary of SET-listed Bangkok Aviation Fuel Services. FPT chairman MR Supadis Diskul said the company has set up a study team in August to determine project viability. The oil pipeline […]

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UK shifts trade policy on Myanmar to open markets further

Britain is signalling a shift in its trade policy on Myanmar to focus on opening up specific sectors where UK companies already have a foothold, including education, financial and professional services, infrastructure and energy. In an interview with The Myanmar Times, Warren Pain, director of international trade at the British embassy, set out how the UK […]

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