Further relief for Myanmar hotels - exemption on licence fees and deferment of land lease payments -
The hotel and tourism sector in Myanmar and across the globe has been severely affected by the COVID-19 pandemic. Since...more
Myanmar Government introduced its economic relief plan which sets out the proposed actions to be undertaken and actions already effected by the Myanmar Government and the ministries. The economic relief plan is intended to be...more
In recent weeks the Central Bank of Myanmar, the Ministry of Commerce and the Microfinance Business Supervisory Committee have introduced certain relief measures as a response to the economic effects of COVID-19. These...more
The Solidarity Budget marks the third Budget introduced by the Singapore Government in a span of three months, complementing measures previously introduced and enhanced by the Unity Budget and Resilience Budget.
As...more
On 18 March 2020, Myanmar Ministry of Planning, Finance and Industry introduced income tax and commercial tax deferrals for hotel and tourism companies, small and medium enterprises and cut-make-pack (CMP) businesses...more