The Yangon Region Transport Authority (YRTA) will, if required, pay income tax on its earnings from leasing of land and vehicle supervision charges, said U Hla Aung, Joint Secretary of the YRTA.
The value of border trade has reached US$ 2.96 billion as of 10 January, this fiscal year, up over $625 million compared with the same period last year, according to the Ministry of Commerce.
A Hong Kong-based company, which is among the top investors in the electricity sector in Myanmar in the current financial year, will generate and sell power to consumers locally after building power plant in Kyaukpyu, said U Thant Sin Lwin, Director-General of the Directorate of Investment and Company Administration (DICA).