TOKYO 16 July 2021: Japanese business entities should stop participation in a commercial real estate project involving Myanmar’s military junta, Human Rights Now, Human Rights Watch, Japan International Volunteer Center, Justice For Myanmar, and Mekong Watch stated in a joint release on Thursday.
They are targeting Yangon’s Y-Complex, where a 399-room Okura Prestige Yangon is due to open in 2022.
Justice for Myanmar alleges that foreign investment is involved in the construction and management of the Y-Complex project that funds land lease fees to the country’s armed forces known as the ‘Tatmadaw’.
One participating company, Tokyo Tatemono, stated that they
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GDT’s tax collection unfazed by Covid
Thu, 17 December 2020
The General Department of Taxation (GDT) rode out the challenges presented by the Covid-19 pandemic and the downturn in the regional and global economies to reach nearly 95 per cent of its annual revenue collection target as of December 16.
This represents $2.697 billion in tax revenue out of the $2.850 billion target set in the 2020 National Budget Law, GDT director-general Kong Vibol said in a live broadcast on December 17.
“While we faced impact from Covid-19 that has squeezed businesses, the revenue that we’ve collected is the result of sound business in 2019.
“The business owners who earned tidy sums in 2019 declared them in their tax returns in 2020. And I’ve kept tabs on the trend in revenue each month – we are still doing well. This translates into high revenues for us this year.