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Advanced income tax on car imports reached over Ks31billion in eight months
BUSINESS Date: Jan 23, 2017   View: 23
Advanced income tax on car imports from May to December in 2016 was over Ks31billion, according to the Internal Revenue Department....
Tax cut planned for low-cost housing purchases
BUSINESS Date: Jan 20, 2017   View: 32
The government is planning to drastically reduce the taxes it levies when people purchase state-commissioned low-cost housing, which developers say puts many units out of reach for ordinary buyers....
Fuel price on the rise in domestic market
BUSINESS Date: Jan 20, 2017   View: 37
The fuel price is on the rise in the domestic market despite its decline in the global market. The price of fuel jumped by seven to 10 per cent during a month’s time, followed by the recor...
Trading from Amara Investment Securities to start on 20th Jan at YSX
BUSINESS Date: Jan 19, 2017   View: 61
Stock trading of Amara Investment Securities Co., Ltd (AIS) will commence on 20 January through the Yangon Stock Exchange (YSX), according to an announcement by the bourse....
Trade groups raise traffic concerns as Yebu gate reopens
BUSINESS Date: Jan 19, 2017   View: 52
The Yebu border trade inspection gate on the Lashio-Muse road has reopened for the first time in over five years as the government tries to honour a commitment to ending illegal trade. But inspecting ...
CB Bank issues Gold and Platinum Visa credit cards
BUSINESS Date: Jan 18, 2017   View: 123
Co-operative Bank Ltd (CB Bank) partners with Visa started to issuing Gold and Platinum Visa credit cards for the first time in Myanmar....
Three traditionally made items planned to export to America
BUSINESS Date: Jan 18, 2017   View: 82
Three items traditionally made from palm leaf and bamboo leaf are planned for export to America, according to the Commerce Ministry....
Property market health hinges on instalment lending
BUSINESS Date: Jan 16, 2017   View: 76
Unless lenders can help make housing more widely available through instalment plans 10 years or longer the property market will remain weak this year, say Yangon developers, but banks show little sign...
Gold prices rise by over Ks 20,000 per tical during first 2 weeks of January
BUSINESS Date: Jan 14, 2017   View: 158
The rising value of gold on the global market has resulted in the price of Myanmar gold rising by over Ks 20,000 per tical during the past ten days, according to gold dealers....
Paddy price declines despite increasing rice price in Mawlamyinegyun
BUSINESS Date: Jan 14, 2017   View: 65
While the price of paddy is falling, the villagers from Mawlamyinegyun township still must buy rice at a high price, it is learnt from local villagers....
MCB stock trading hit recorded low in December
BUSINESS Date: Jan 13, 2017   View: 74
The trading of Myanmar Citizens Bank (MCB) stocks in 2016 fetched only Ks 1,205,460,300, and MCB recorded a 10-monthlow in December, trading only 3,138 shares worth Ks29,370,700, according to Y...
Online licensing available after formulation of New Myanmar Companies Act
BUSINESS Date: Jan 12, 2017   View: 98
Com pan ies can soon be registered online because the new Myanmar Companies Act that has recently been submitted to the Hluttaw will soon be enacted, said U Aung Naing Oo, the director- general ...
Both domestic gold price and dollar exchange rate unstable
BUSINESS Date: Jan 12, 2017   View: 73
The unstable global market adversely affected the domestic exchange market and the gold market, resulting in an unstable domestic market....
Over 2,700 jade mine licences expire in Kachin’s jewellry territories
BUSINESS Date: Jan 10, 2017   View: 112
THE licences of over 2,700 jade mining blocks in six jewellry territories including Lonekhin and Hpakant jade mining sites have expired for over the past seven months, according to the Ministry ...
MAPCO to develop Mandalay Development Bank this year
BUSINESS Date: Jan 07, 2017   View: 94
MYANMAR Agribusiness Public Corporation (MAPCO) plans to establish a new public bank called Mandalay Development Bank this year, its spokesperson said....
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