According to a list of the top 500 taxpayers in Burma, Kanbawsa Bank – with over 2,000 employees – is the highest payer of income tax in Burma, while Myanmar Brewery Ltd pays the most commercial tax.
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Burmese domestic airlines are operating 60 percent more aircraft in the three years since President Thein Sein came to power, but the number of passengers has increased only 14 percent,[…]
Bank Negara Indonesia (BNI) is to open its first ever representative office in Burma in November, the Jakarta Post reported on Saturday. The government-owned central bank says it will open[…]
Western Union has announced that it is expanding operations in Burma with nine local banks, namely Ayeyarwady Bank, Co-operative Bank, First Private Bank, Kanbawza Bank, Myanmar Apex Bank, Myanmar Treasure[…]
Burma’s 100 top taxpayers will be presented honorary certificates on Monday by the Internal Revenue Department (IRD), according to an official from Rangoon Division tax office. The awards are based[…]
Four privately-owned banks to open money exchange services in Thailand, Malaysia and Singapore to help flows of remittances
Scheme underway in three cities, with banking cards also to be permitted for use by Burmese who bank with private enterprises
Five banks close to the government get licenses to operate foreign exchange bureaus as overhaul of Burma’s economy continues
Campaigners urge Washington to target with punitive financial measures all businessmen in Burma who prop up the government
Major scam that involved two dictators, Maldivian oil and Burmese crony companies may shed light on the island nation’s mid-2000s heroin explosion