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Bago Region’s tax revenue relies on excise, fishery and property taxes

Bago Region relies heavily on excise, fishery and property taxes as regional tax revenue, while its construction ministry spends 39 percent of the budget, mainly on road improvement. Bago government revenues have increased more than 150pc since 2013 while the grant transfer from the Union government to the region has grown more than 290pc in […]

Myanmar and ASEAN A Great Unknown to Trump

Eric Rose is lead director of Herzfeld Rubin Meyer & Rose (“HRMR”), the first US law firm established in Myanmar. HRMR is a founding member of the American Chamber of Commerce Myanmar, and Mr Rose serves on its Executive Committee, and also chairs its HR Committee. In an exclusive interview with the Myanmar Times, he […]

Residents upset over YCDC crackdown

While constructing buildings without permits is a problem across Yangon, it has become especially prevalent in Thingangyun township. Yangon City Development Committee has singled out the township in eastern Yangon, and has promised to tackle the problem by levying penalties on those skirting the law. Some 796 building owners in the township have received warnings […]