A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win. The draft law aiming at supervising property taxation has been submitted to the union attorney general for the Union government to then submit […]
Minister of Energy to chair investment commission
June 2, 2014 by
Minister for Energy Zayyar Aung, who has a close relationship with President Thein Sein, has been appointed as chairperson of the influential Myanmar Investment Commission (MIC). In a new reshuffle, a number of top ministers and government officials, including Htay Aung (Hotels and Tourism), Win Tun (Environment and Forestry) and Tun Shin (Attorney General), were […]
Stock exchange rules needed to meet 2015 target
June 2, 2014 by
Body: Rules governing the planned Yangon Stock Exchange have been submitted to the Attorney General, as insiders push for their adoption to meet an October 2015 launch target. Myanmar has long had an over-the-counter exchange in the Myanmar Economic Bank building on Sule Pagoda Road with two listed companies, but trading rarely occurs and the […]
Asia Express should pay Ks 2.6 billion owed to Yangon: MP
April 29, 2014 by
Asia Express needs to pay a revenue of more than Ks 2.6 billion owed to Yangon City Development Committee (YCDC), said MP Dr. Nyo Nyo Thin, No.2 Bahan Constituency during Yangon regional parliament session held on April 24. She made the comments while urging the Yangon Region government to cooperate with the parliament to implement […]
