After having completed the first phase (2011/12 to 2016/17) of Reform Action Plan 2012, the Myanmar tax authorities recently embarked on the second phase (2017/18 to 2021/22). This is set to push forward its reform process, aimed at establishing an effective and fair tax system in order to increase the country’s tax income by enacting new tax...
As part of an effort to meet changing labour market requirements brought about by the Fourth Industrial Revolution (4IR), Myanmar is harnessing private sector investment to develop its vocational and technical education system. Speaking at the World Economic Forum on ASEAN 2018 summit in September 2018 in Hanoi, State Counsellor Daw Aung San...
In an era marked by profound technological disruption and intense global competition in new frontier industries, emerging markets are striving to improve and adapt their education systems to meet the demands of the modern economy and the needs of their citizens. As such, innovative solutions are being developed to address barriers within...
Myanmar’s health care sector has grown considerably in recent years as a result of higher public expenditure and increasing foreign direct investment (FDI). Aside from implementing a range of reforms, the Ministry of Health (MoH) has been proactive in delivering programmes aimed at fighting both communicable and non-communicable diseases (NCDs...
Countries and regions across the world have long understood the potential of the MICE segment as a vehicle to drive high-value tourism and economic development. In recent decades this has led to significant investment, with nations working to position themselves as centres for the industry, both regionally and globally, aided by greater air...
Over the course of less than two decades, China has gone from being a minor player to being the world’s largest and most lucrative source of outbound tourists. In 2017 alone Chinese nationals made more than 131m trips outside of their national borders, spending approximately $300bn in the process.
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