Myanmar workers in Thailand victims of a broken system

MYAWADDY, Myanmar: With only meagre belongings stuffed into backpacks and duffel bags, tens of thousands of Myanmar migrants have streamed home across the Thai border over the past two weeks. But it is not a joyous homecoming for the truckloads of men and women, who fled Thailand in fear of a new law that hardens […]

The Budget: What Do Taxpayers Want?

\ In Nay Pyi Taw, preparations are now well advanced for finalising the budget and Union tax law which will establish the Government’s revenue-raising and spending priorities for the 2017-18 financial year. It is an annual event that always encourages advance speculation. But this year it is being more eagerly anticipated than usual because it […]

Economists Scold Myanmar Firms’ Business Ethics

Businesses in Myanmar need to be more aware of international business ethics and regulation, said Dr Wah Wah Maung, deputy director general of Foreign Economic Relation Department under the Ministry of National Planning and Economic Development. She warned that Myanmar needs to improve the quality of its businesses to compete in the ASEAN Economic Community […]

Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts

Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]