Burma’s Ministry of Finance has requested the Myanmar Investment Commission to reassess its decision to waive duties on US $900 million worth of goods imported by Myanmar Annawa Swan Arshin Group, Eleven Media reports. Last year, the company was granted the rights to develop Rangoon’s Ahlone Shipyard into a 20-hectare international port. The group requested duty-free status for the import of various types of merchandise, including luxury cars, worth about $900 million—a request that the investment commission approved.
Exodus: Tens of Thousands Flee as Myanmar Junta Troops Face Last Stand in Kokang
Myanmar National Democratic Alliance Army troops are opening roads and pathways through forests for people to flee Kokang’s capital as...
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