Myanmar

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Can you discuss the main challenges that banks might encounter in their efforts to drive a profitable mortgage market here in Myanmar?

 

REGIME CHANGE PROGRESSING: Changes in Myanmar’s tax regime continued to make progress in FY 2015/16 and 2016/17. Of all these changes, the new Special Goods Tax Law (SGTL), which was promulgated on January 18, 2016, is the most remarkable. Now the SGTL will regulate taxation on 16 items termed “...

 

Myanmar’s Internal Revenue Department (IRD) has begun the journey towards a self-assessment tax system. First opened was a Large Taxpayers’ Office and later, to accommodate smaller taxpayers, Medium Taxpayers’ Offices (MTOs) 1, 2 and 3, and a Small Taxpayers’ Office were also opened to cope with the growing need of this group.

 

What policies or measures can be adopted to foster development within the tourism sector?

 

While tourism has been identified as a crucial component of Myanmar’s future economic development, the government faces an enormous challenge in realising its ambitions. Not only must it modernise its creaky infrastructure and develop tourism products to attract and encourage travellers to return, it must also address a talent shortage that...

 

The slogan of the National League for Democracy is “Time for Change”. This is the current theme of the country from several perspectives, and health is no exception. As per this slogan, we should not be afraid of changing things at any level, whether it be technical, administrative, managerial or logistical, because such changes will enable us...

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