Second Thai-Myanmar friendship bridge opens

Prime Minister Prayut Chan-o-cha and Myanmar State Counsellor Aung San Suu Kyi on Tuesday opened the second Thai-Myanmar bridge across the Moei River. The opening ceremony was held in the middle of the new bridge, which links Mae Sot district of Tak province and Myawaddy township in Myanmar. The completion of the new bridge showed […]

Why the construction sector is ailing and how it could recover

To help the construction and real estate sectors expand and stay profitable, government support in the form of tax and loan policy reforms is necessary, developers said. Currently, developers must pay taxes of up to 10 percent on the sale of condominium units priced between K100 million to K500 million. Meanwhile, buyers must pay a […]

Government to reduce restrictions on business sector by March

The government is planning to reduce restrictions on the business sector in March this year, Tin Maung Than, director of the Myanmar Development Research Institute/Centre for Economic and Social Development (MDRI/CESD) told a press conference on sub-national governments and business in Myanmar held at IBC yesterday. Investors who want to do business in Myanmar have […]