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Developers Urge Government to Temporarily Reduce Tax to 5 percent

During a meeting with the Yangon Regional government held at MCC on February 17, construction developers urged the government to temporarily reduce the commercial tax from 30 percent to 5 percent for a period of two years. The Myanmar Licensed Contractors Association welcomed the income tax reduction in the Union Tax bill 2018, and supported […]

MIC Offers Land for Construction and Fish Farms

​​ Construction developers and fish breeders can submit their proposals to the Myanmar Investment Commission (MIC) to hire government-owned land, according to Kyaw Win, minister for planning and finance. The MIC would serve as a focal point for entrepreneurs and coordinate the availability of land with region and state governments after receiving proposals, said Kyaw […]