Gemstones and jewelry have been omitted from the special commodities list in the 2019 Union Tax Bill submitted to the Pyidaungsu Hluttaw on August 7. The Myanmar Gemstones Law came into operation this year and covers taxation for gemstones and jewelry. The law was passed by the Pyidaungsu Hluttaw in late December last year and […]

Thai Life Insurance has struck a deal to take a 35% stake in Citizen Business Insurance (CB Insurance), becoming the first ASEAN insurer to enter Myanmar’s insurance field. Penetrating Myanmar’s insurance market aligns with the company’s strategy to expand operations to other countries in ASEAN, said Chai Chaiyawan, president of Thai Life Insurance. Thai Life will […]