Trapped in an economic mess of its own making, Myanmar’s military regime is seeking to recoup drops in revenue through new tax measures – with seemingly limited success so far.
Under sanctions and desperate for hard currency, the military regime is forcing Myanmar workers abroad to remit earnings through formal channels, with some warning it will only push more migrants to become undocumented.
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The recently-formed National Development Party is reaching for the sky in the November 8 election, hoping to be the phoenix that rises from the ashes of a routed Union Solidarity and Development Party.
A US$207 million upgrade for the Yangon circle line funded by Japan will cut travel times by half, a Myanma Railways official has said.