Yangon trials digital construction permit system

Yangon City is introducing a new digitalised construction permit scheme in an effort to improve the ease of doing business. With the support of the International Finance Corporation, the Building Control Authority of the Yangon City Development Committee (YCDC) launched the Yangon Building Permit System on July 1 and it will be piloted until the […]

Industry debates tax levels after easing gold trade

Speculation 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 […]

Asia World Co. urges the Government to take back the Nay Pyi Taw Air Port

The Asia World Company, the contractor for the Nay Pyi Taw International Airport, has urged the government to scrap this project which they said will not be profitable because very few airlines fly to this administrative capital. The Airport is being financed by the loan from China’s Import and Export Bank and the Myanmar Government […]