While the kingdom prides itself on offering tax-free incentives to businesses, it has also been developing industrial zones with added benefits for foreign investors, including contracts protecting tenants against future tax changes and, in some cases, bonded warehousing, which provides companies with certain exemptions from paying import duties.
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GOVERNMENT MINISTRIES Ministry of Finance (0 302) 747 197 Ministry of Trade & Industry (0 302) 686 500 Ministry of Foreign Affairs & Regional Integration (0 302) 664 952 Ministry of Communications (0 302) 666 465 Ministry of Energy (0 302) 667 090 Ministry of Education (0 302) 662 772 Ministry of Health (0 302) 978 158...
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As Myanmar has changed course since 2010 and pursued political and economic reforms, Japan is the country that has responded most enthusiastically, both to offer assistance and to take advantage of emerging investment opportunities. Although Japan is not seeking to be the monolithic major partner that China was to Myanmar while it was under...
After spending decades as one of the most isolated and least-developed countries in Asia, Myanmar is emerging as one of the world’s fastest-growing economies. Since a historic reform process began in 2010, foreign investment has been pouring in, driving annual growth to more than 8%, according to IMF estimates. Investment inflows and growing...
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