Business owners in Chin State have requested the government to exempt tax for 7-10 years for domestic and foreign investors. According to an article in Myanmar Business Today, U Khaw Lelian, president of the Chin State of Commerce and Industry, also urged the government to establish industrial zones in the state in order to create jobs for local people. Chin State is one of Myanmar’s least developed states, with few job prospects for local people. Many people from Chin State have been forced to move abroad in search of work. The Chin State government is planning to build three hydropower projects in the state. The projects include a 360 MW project in Tonzan Township, a 600 MW plant on the Laymyo River, and a 90 MW dam on the Kalartan River. Work is also underway to construct the state’s first airport, at Falam, with operations currently expected to start in 2021.
Upcoming Events
- No events
- all events
Highlights
Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …Facebook, Instagram ban military and related pages with immediate effect
In a February 24th update to its February 11th statement, Facebook through its Director of …Luxury Japanese real-estate complex called out for funding military
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …
Myanmar in the Media
- 29 illegal migrants found crammed inside pickup boxSource: Bangkok Post Recent StoriesNovember 23, 20242 days ago
- UN expert: Myanmar’s military ramps up attacks including beheadings, rapes and tortureSource: Voice of America East AsiaNovember 23, 20242 days ago
- Southeast Asian defense chiefs talk regional security with US, China, othersSource: Voice of America East AsiaNovember 21, 20244 days ago
- World’s conflict zones increased by two-thirds in past three years, report revealsSource: GuardianNovember 21, 20244 days ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss