Myanmar Extends Tax Deadline Until End of Year to Aid COVID-Hit Businesses

YANGON—The Myanmar government has again extended the tax payment deadline, giving pandemic-hit businesses across the country until the end of December to make payments as they grapple with the impact of a second wave of COVID-19. The Ministry of Planning, Finance and Industry (MOPFI) announced on Monday that the government had eased the deadlines for […]

Yangon welcomes first Hong Kong business chamber

Yangon Region Chief Minister U Phyo Min Thein welcomed the establishment of the Myanmar-Hong Kong Chamber of Commerce and Industry (MHKCCI) and urged more Hong Kong manufacturers to set up shop in the commercial capital. The MHKCCI was launched on September 3 to promote responsible investment in Myanmar and attract market entrants into the country. […]

Japan focused on Thilawa, for now, not Dawei: Jetro

The Dawei Special Economic Zone still appeals to Japan, but for now its attention is focused on Thilawa, another industrial zone. Masaki Takahara, managing director of the Japan External Trade Organisation’s Yangon office, said recently that Japan realised the importance of Dawei for |connectivity within Asean, but the country cannot stretch itself to develop both […]

Thai Labour woes turn producers to Myanmar

THE electrical-appliance and auto-parts industries are already forging trade relations with partners in Myanmar due to the labour shortage in Thailand. “Some companies aim to set up factories there this year so that they can start production next year,” Suparp Suwanpimolkul, honorary president of the Thai Subcontracting Promotion Association, said yesterday. As the members of […]