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Tax amnesty under review

A review on tax exemption is being conducted and it will be reformed as it is too complicated, said Union Minister for Commerce Dr Than Myint. Following widespread criticism of an unfair taxation system, the Union parliament cancelled the tax exemption bill planned to be passed in 2018. Under the Union Taxation Bill 2018, the […]

Govt Urges Officials to Find Ways to Reduce Impact of Regional Crop Prices on Farmers

Vice President U Henry Van Thio, who leads the Committee for Protection and Promotion of the Interests of Farmers, addressed the Coordination Meeting for Reduction of Impact of Regional Crops Prices yesterday. The vice president said paddy prices in major rice production regions in Myanmar such as Ayeyawaddy Region, Bago Region, Yangon Region, Sagaing Region […]

Myanmar to launch single-stop inspections at borders with neighbouring countries

Single-stop inspections will be deployed at border gates between Myanmar and neighbouring countries to prevent illegal trade, said Union Minister for Commerce Dr Than Myint yesterday. The Union minister told Amyotha Hluttaw that discussions are ongoing with China and Thailand to launch the single-stop inspection system at border crossings. The system is aimed at avoiding […]