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NLD economist questions effectiveness of new tax bill

The recently unveiled 2018 tax bill that had caused quite a firestorm in Myanmar is widely considered to be an abomination for many skeptics; even the believers are tentative at best. It comes as no surprise that the bill, Section 25 in particular that would see tax collected from intangible assets and unidentified sources of […]

Myanmar brushes off limited US sanctions renewal

YANGON: Myanmar on Friday shrugged off US President Barack Obama’s decision to renew some sanctions against the country in order to spur continued reform, in a move that highlighted fears over continued rights abuses. Obama said sanctions restricting certain investments should be renewed because the former military-run nation still poses “an unusual and extraordinary threat […]