Myanmar authorities asked to help locate fugitives in major cases have detained 81 Thai nationals near the border with Chiang Rai province on charges of illegal entry. Thai authorities were in contact with their Myanmar conterparts to find out whether one of the men is Pannawit Prathum, who is wanted for the murder of a […]
Myanmar Suspends a Show Money Policy for Certain Visitors
August 8, 2018 by
A notice was released August 1, suspending the policy requiring that Japanese, Korean and Chinese tourists are to show $1,000 as a proof of funds. This change in policy came after the Ministry of Hotel, and Tourism faced opposition. Even coming from the tourism sector itself. The order was released on July 20, granting a […]
New customs system scheduled for November
August 15, 2016 by
The government aims to have an automated cargo clearance system adopted by all customs departments in Yangon by November, before possibly extending the program to the country’s land border points, an official has told The Myanmar Times. The Myanmar Automated Cargo Clearance System (MACCS) is being rolled out between August and October, and will make moving […]
Real estate income tax to rise five-fold from April 1
January 20, 2016 by
Imposition of income taxes on real estate is set to rise five-fold starting from April 2016, according to the Tachileik Internal Revenue Department. “The Imposition of land tax on real estate and buildings is going to increase about five times over. It has already been discussed in parliament. As such, whether it’s the buying or […]
Phone smuggling booms
April 7, 2015 by
Mobile phones smuggling is on the rise and contraband worth around Ks3 billion has been confiscated in the last three years, according to the Prevention and Control of Illegal Trade Central Committee. There were many cases of smuggling across borders or bypassing the customs at Yangon International Airport by using dummy products, it reported. “Nowadays […]
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