Private Banks need to prove they are clean as only 12 out of 22 in the top taxpayers list

Of the 22 private banks in Myanmar, only 12 have been listed as top taxpayers, according to the Ministry of Finance and Revenue. According to documents covering the 2011-2012 fiscal year, only 10 private banks are included on the official top 100 income taxpayers list. Only 12 private banks are included on the official top […]

Thailand’s Italian-Thai company to quit Dawei Special Economic Zone

Italian-Thai Development Co (ITD) is poised to cease operation at the Dawei Special Economic Zone (DSEZ) in Tanintharyi Region on Nov 20, according to local sources. The company has come under financial pressure since the project began in 2008 but failed to materialise. Its Myanmar partner Max Myanmar Group pulled out of the project last […]