Wednesday, 22 November 2017
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Court denies Bail for Magwe Sayadaw

The petition to grant bail to the detained Magwe Sayadaw U Par Maukkha was denied by judge Daw Soe Mar Aye at Kamayut township court on Tuesday.

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All Yangon Taxis have until Year-End to register their Vehicles

The Yangon Region Transport Authority (YRTA) officially announced that all taxis must register as city taxis before January 1. The announcement was made through the state-owned newspaper on November 12.
Date: 14 November 2017; Type: Legal News; Source: Myanmar Times

Parliament OKs Revisions to IT Monitoring Proposal

A motion urging the government to monitor information technology (IT) has been approved in Hluttaw.
Date: 13 November 2017; Type: Legal News; Source: Myanmar Times

Bus Company loses YBS Licence after Complaints of Poor Service

The Yangon Region Transport Authority (YRTA) cancelled the licence of a public-private partnership (PPP) company under the Yangon Bus Services (YBS) due to poor service.
Date: 13 November 2017; Type: Legal News; Source: Myanmar Times

Civil Groups question Assembly Ban

Lawyers, legislators and civil libertarians have questioned a directive issued on Tuesday by Yangon Region Security and Border Affairs Minister Colonel Aung Soe Moe banning peaceful assemblies and processions in 11 townships.
Date: 10 November 2017; Type: Legal News; Source: Myanmar Times

Higher Fuel Import Taxes to be tabled

The Myanmar Fuel Oil Importers and Distributers Association will submit the parliamentary proposal urging the government to raise the Special Commodities Tax on fuel imports, U Win Myint, secretary of the association, told The Myanmar Times.
Date: 10 November 2017; Type: Tax News; Source: Myanmar Times

Parties fear New Rule will restrict them

A new rule of the election body on media statements issued by political parties may restrict party activities, party leaders said on Monday.
Date: 07 November 2017; Type: Legal News; Source: Myanmar Times

Groups shaping Stronger Consumer Protection Bill

Consumer organisations were preparing to present a report aimed at enhancing a draft bill for the protection of consumers against unscrupulous traders selling substandard goods and services.
Date: 07 November 2017; Type: Legal News; Source: Myanmar Times

New Rules, Incentives will boost Taxpayer Numbers

Paying tax is the duty of every Myanmar citizen. Without sufficient tax revenues, the country must rely on resource exports and foreign debt to fund its growing fiscal budget. However, many say the benefits of paying taxes to the government, which typically involve public infrastructure and subsidised healthcare and education, have so far been lack ...
Date: 07 November 2017; Type: Tax News; Source: Myanmar Times

Change of Fiscal Year approved despite High Level of Scepticism

A new budget period starting from October 1 to September 30 will commence in the 2018-19 fiscal year. The Myanmar governments current fiscal year is the 12-month period from April 1 to March 31. A letter proposing the change was submitted to Parliament by President U Htin Kyaw last week.
Date: 02 November 2017; Type: Legal News; Source: Myanmar Times

Draft Bill against Real Estate Monopolies sent to Attorney General

A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win.
Date: 01 November 2017; Type: Legal News; Source: Myanmar Times

Teen gets Two Years in Prison for associating with Armed Group

A local court has sentenced a 14-year-old teenager from northern Shan State to two years’ imprisonment after he was found guilty of associating with an armed ethnic group.
Date: 02 November 2017; Type: Legal News; Source: Myanmar Times

Parliament approves signing BIMSTEC

Myanmar's parliament has approved the country’s signing of BIMSTEC Convention on Provision of Mutual Assistance Concerning Criminal Cases, parliament sources said Wednesday.
Date: 02 November 2017; Type: Legal News; Source: Myanmar Times

Mandalay Entrepreneurs to need Tax Clearance before getting Work Permits

Entrepreneurs holding work permits from the Cleansing Department of Mandalay City Development Committee will need a proof of annual tax clearance from the internal revenue department to get work licenses extension, said the department.
Date: 01 November 2017; Type: Tax News; Source: Myanmar Times

Draft Foreigner Laws reincarnated as DICA Announcement

ELEMENTS of the draft foreigner laws are back, in another form, to haunt businesses and investors. The government’s newly expanded requirements on hiring foreign employees have been criticised as “burdensome and disruptive” and “another incarnation” of the draft foreigner laws which were submitted to the legislature in ...
Date: 31 October 2017; Type: Legal News; Source: Myanmar Times

Change of Fiscal Year approved despite High Level of Scepticism

A new budget period starting from October 1 to September 30 will commence in the 2018-19 fiscal year. The Myanmar governments current fiscal year is the 12-month period from April 1 to March 31. A letter proposing the ch ...

Government proposes Change in Budget Period Regulatory Roadmap needed for Banking Sector Reform PAC wants Detailed Budget Proposals on Time more

Draft Bill against Real Estate Monopolies sent to Attorney General

A draft bill to prevent real estate monopolies and increase government tax revenue is being submitted to the Attorney General’s office, according to Deputy Planning and Finance Minister U Maung Maung Win.

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Groups shaping Stronger Consumer Protection Bill

Consumer organisations were preparing to present a report aimed at enhancing a draft bill for the protection of consumers against unscrupulous traders selling substandard goods and services.

Draft Foreigner Laws reincarnated as DICA Announcement Government eyes Tougher Consumer Protection Law Gemstones Bill needs More Changes: Panel more

Court denies Bail for Magwe Sayadaw

The petition to grant bail to the detained Magwe Sayadaw U Par Maukkha was denied by judge Daw Soe Mar Aye at Kamayut township court on Tuesday.

Teen gets Two Years in Prison for associating with Armed Group Kachin Baptists to appeal Verdict against Two Pastors Court to sentence Two Pastors in Northern Shan State on Friday more

Parliament query OMI on ‘Amendments’ Comments

The Pyidaungsu Hluttaw on Thursday demanded that the Open Myanmar Initiative (OMI) explain within seven days its comments questioning why the amendments to the Constitutional Tribunal Law was not published in the parliam ...

District Court refuses to accept Civil Suit against State to abolish ‘08 Constitution No settlement in Maha Thanti Thuka Monastery Dispute Five Groups to sue Government over 2008 Constitution more

Dilemma on Minimum Wages could lead to Better Productivity

Concern is rising among employers over demands that the minimum wage be raised to K4,800- K6,600 ($4-$5.20) per day from K3,600 per day currently. That’s a potential increase in wages of more than 80 percent, a mov ...

Labour Ministry wants Minimum Wage between K4000 and K4800 Overview of New Myanmar Labour Law Guide Yangon Panel favours Minimum Wage of K4400-K6400 more

Draft Condominium Bylaw to be ready in Two Months

The condominium bylaw which is currently being drafted will be enacted soon, and it will include the right for the buyers to be connected to banks and purchase with an instalment system, said U Min Htein, director genera ...

Speaker warns Ministry about issuing of Land-use Certificates Mandalay targets Rental Agreement Violations Land Rights Major Risk for EU-Myanmar IPA more

Higher Fuel Import Taxes to be tabled

The Myanmar Fuel Oil Importers and Distributers Association will submit the parliamentary proposal urging the government to raise the Special Commodities Tax on fuel imports, U Win Myint, secretary of the association, to ...

New Rules, Incentives will boost Taxpayer Numbers Mandalay Entrepreneurs to need Tax Clearance before getting Work Permits Effective Policy needed to tax Income from Digital Advertisements more

All Yangon Taxis have until Year-End to register their Vehicles

The Yangon Region Transport Authority (YRTA) officially announced that all taxis must register as city taxis before January 1. The announcement was made through the state-owned newspaper on November 12.

Bus Company loses YBS Licence after Complaints of Poor Service No New Regulations yet against Cars parked Illegally Overnight How the New Vehicle Import Policy could disrupt the Car Market more

Industry Updates

ASEAN pushes enabling Environment for Inclusive Business

MANILA, Nov 16 (PNA) - The Association of Southeast Asian Nations (ASEAN) member-states will work towards providing an enabling environment for inclusive business imperative for the region’s economic community-building efforts.

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ASEAN, Partners to fast-track RCEP Conclusion in 2018

MANILA, Nov 15 (PNA) - Leaders from the countries participating at the Regional Comprehensive Economic Partnership (RCEP) on Tuesday have instructed its ministers and negotiators to intensify efforts in 2018 to bring the RCEP negotiations to conclusion.

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ASEAN FTAs gain Ground in 2017, DTI says

MANILA, Nov 14 (PNA) - The year 2017 witnessed ASEAN efforts to beef up its free trade agreements (FTAs) with its international stakeholders gaining ground.

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ASEAN Leaders and CEOs push for Inclusive Business

MANILA, Nov 14 - The ASEAN Business Advisory Council (ASEAN BAC), composed of three CEOs/Presidents of private companies per ASEAN Member State, met with ASEAN Leaders led by President Rodrigo Roa Duterte on 13 November 2017 at the Philippine International Convention Center. Mr. Jose Ma. A. Concepcion III from the Philippines, the 2017 Chair of ASEAN-BAC and Presidential Adviser for Entrepreneurship, led the private sector.

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AICHR promotes Human Rights in ASEAN

Nov 13 - The ASEAN Intergovernmental Commission on Human Rights (AICHR) has initiated various activities throughout 2017 to promote human rights to the peoples of the region.

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ASEAN reaffirms Cooperation with East Asian Community in 20th ASEAN+3

MANILA, Nov 14 (PNA) - The Association of Southeast Asian Nations (ASEAN) reaffirmed its cooperation with Japan, Korea, and China during the 20th ASEAN Plus Three (APT) Commemorative Summit on Tuesday, November 14.

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ASEAN, China agree to start Talks on South China Sea COC

MANILA, Nov 13 (PNA) - The Association of Southeast Asian Nations (ASEAN) and China have agreed to start negotiations on a code of conduct on the South China Sea, Malacañang said Monday.

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Japan vows to strengthen Cooperation with ASEAN

MANILA, Nov 13 (PNA) - Japanese Prime Minister Shinzo Abe vowed to deepen cooperation with the Association of Southeast Asian Nations (ASEAN) in various areas such as maritime security, defense, trade, infrastructure development, combating terrorism, disaster risk reduction and cultural exchanges.

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Duterte lauds ABAC Initiative to empower MSMEs

MANILA, Nov 13 (PNA) - President Rodrigo Duterte on Monday said the Philippines fully supports the ASEAN Business Advisory Council’s (ABAC) strategic action agenda to empower micro, small and medium industries (MSMEs) towards greater participation in the global value chain.

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President Duterte formally launches 31st ASEAN Summit and Related Summits

MANILA, Nov 13 (PNA) - President Rodrigo Duterte on Monday, November 13, formally opened the 31st Association of Southeast Asian Nations (ASEAN) Summit and Related Summits, emphasizing on regional and international security as the main agenda.

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ASEAN-HK FTA to attract More Investors to Malaysia

HONG KONG, Nov 13 (Bernama) - The just-signed ASEAN-Hong Kong Free Trade Agreement (FTA) will enable Malaysia to attract more Hong Kong investors to its shores, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

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Key Issues to be discussed at 31st ASEAN Summit

BANGKOK, Nov 10 (NNT) - The 31st ASEAN Summit and Related Meetings will be held to mark the 50th anniversary of the Association of South East Asian Nations (ASEAN). The event will take place in Manila, the Philippines, on November 13th and 14th, 2017, under the theme "Partnering for Change, Engaging the World.

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