To pay or not to pay? INGOs wrangle over income tax

With a new government in office and the start of a new financial year, international non-government organisations (INGOs) are holding intense discussions over whether their well-paid expat staff should pay income tax in Myanmar. Some have been paying tax for years; others claim to have deals that exempt their foreign staff; and others would not […]

Government plans housing for 16,000 factory workers

The government is planning a housing rental project for 16,000 factory workers from Hlaing Tharyar and Shwe Pyi Thar industrial zones, according to Daw Win Maw Tun, deputy minister for labour, in the first such move to support the private sector. The housing will be dormitory-style for single men and women, with the intention to […]

Master plan to tackle Yangon’s floods

The drafting of a master plan to deal with Yangon’s flooding problems in the rainy season has been completed, according to the roads and bridges department of Yangon City Development Committee. Since 2014, the YCDC has been drafting a plan for flood preventive measures in six Yangon townships: Kyauktada, Pabedan, Latha, Lanmadaw, Botataung and Pazundaung. […]

Kyaukphyu SEZ plan nears finish as ‘mud volcano’ causes move

The developers behind Kyaukphyu Special Economic Zone plan to release the master plan at the end of June, even as a “mud volcano” has forced some of the project to move, according to officials. Singaporean firm CPG was selected in March to be the lead consultant on the project. Kyaukphyu is slated to eventually include […]

Coca Cola to build more factories in Myanmar

Coca-Cola has a plan to build more factories to satisfy the growing demand in Myanmar because the two factories currently in operation are not enough, according to the company officials. Rehan Kam, the operations director for the company said, “The two factories cannot cover the whole market of the country. We have plan to extend […]