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Myanmar extends effective period of entry restriction until end Sept.

YANGON, Aug. 29 (Xinhua) — Myanmar’s Ministry of Foreign Affairs Saturday announced extending the effective period of temporary entry restrictions to all incoming visitors until Sept. 30. The ministry also extended the effective period of temporary suspension of all types of visas including social visit visas and visa exemption services until the end of September. […]

Foreign tourists allowed visiting in Ruby Land

MANDALAY- The government officially allowed foreign tourists to visit “Ruby Land” Mogok Township, Mandalay Region since the beginning of August, says MP Saw Thaung Tin from No.2 Constituency in Mogok Township. The foreign tourists were banned from visiting to Mogok Township since the beginning of ex-government to incumbent government time. However, the Mandalay Region Government […]

A taxing matter for the real estate sector

Will the assessment scheme halt soaring land prices? Real estate agents say a government move to generate more taxation revenue from property transactions has assessed the value of land, houses and apartments in Yangon at about 40 percent of market prices. The reaction follows the release by the Ministry of Revenue and Finance in September […]