Second Central Economic Zone to be built in Yangon

A second Central Economic Zone project will be built in Mayangon Township in Yangon next year, the Global New Light of Myanmar reported on 20 November. The project, located between Tawwin and Mindhamma roads, will include a high-rise building, four offices, five serviced apartment buildings, cinemas, restaurants, electronic and trade centres, a five-storey shopping centre […]

Myanmar scraps proposed 5 per cent tax on phone top-up cards as telecom industry boom

YANGON: Myanmar scrapped a proposed 5 per cent tax on mobile phone top-up cards after lawmakers voted against the levy, the state-owned Global New Light of Myanmar newspaper said on Thursday, as one of the world’s once least connected nations fast catches up. The tax was first announced in a surprise move by the telecommunications […]