‘Spreading like wildfire’: Facebook fights hate speech before Myanmar poll

YANGON: One of two Muslims allowed to run for the ruling party in Buddhist-majority Myanmar’s general election on Sunday (Nov 8), Sithu Maung, worries fake news on Facebook could damage his chances. Within a torrent of racist abuse and misinformation posted about him ahead of the polls are false claims he plans to close Buddhist […]

DICA, MIC issue guidelines for returning foreign executives

The Directorate of Investment and Company Administration (DICA) and the Myanmar Investment Commission (MIC) has issued guidelines on international visitors who want to return to Myanmar to conduct urgent business during the pandemic. The two organisations have requested the government to allow foreign employees who are working in companies registered with the MIC and Myanmar […]

Investor sentiment buoyant in ASEAN; PH leads in GDP growth forecast

Despite concerns on the domestic tax environment in the Philippines, the country still ranks highest in terms of high GDP growth projection in ASEAN, which growth is partly driven by government spending, according to a survey. The Oxford Business Group launched its edition of the Business Barometer: OBG in ASEAN CEO Survey, which pointed to […]

UMFCCI members push for lower tax rates

BUSINESSES at the Union of Myanmar Federation of Chambers of Commerce and Industry have urged Nay Pyi Taw to lower the tax rate, while the Internal Revenue Department said the tax rate has been lowered on an annual basis. Businesses collectively asked the tax rate to be reduced during the Chief Financial Officer conference (CFO […]