Sunday, 22 Sep 2019
Author: adminsmemyanmar

Myanmar electricity rates to soar next month

Electricity rates will increase substantially from July for both residents and businesses in the first changes in tariffs for five years, the government has announced. Monthly bills for consumers of 100 units will go up by over 70 percent. Investors in the energy sector and analysts welcomed the increase, however. Myanmar’s present electricity price is […]

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Yangon’s standard land prices reduced 10pc

Land prices on a per square foot basis in Yangon’s townships for the 2019/2020 fiscal year has been reduced by 10pc compared to the last fiscal year in order to support more sales transactions as well as encourage landowners to pay their taxes. The standard land prices were released by the Inland Revenue Department earlier […]

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