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Pressure mounts on Okura Prestige


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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Japan: Stop Real Estate Project in Myanmar


Commercial Dealings with Abusive Military Undermines Rights
Activists demonstrate in front of the Ministry of Economy, Trade and Industry on June 18, 2021 in Tokyo, Japan. 
© 2021 Kazuki Oishi/Sipa USA
(Tokyo) – Japanese business entities should stop their participation in a commercial real estate project involving Myanmar’s abusive military, Human Rights Now, Human Rights Watch, Japan International Volunteer Center, Justice For Myanmar, and Mekong Watch said today. The proposed Y-Complex in Yangon is being constructed on land leased from the country’s armed forces, the Tatmadaw, whose long record of abuses has worsened since the February 1, 2021, military coup.
“The Japanese government and businesses failed to appropriately assess the risk associated with doing business in Myanmar,” said Ryutaro Ogawa, Vice Secretary General at Human Rights Now. “They should admit their own shortcomings and act responsibly, otherwis ....

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GDT's tax collection unfazed by Covid | Phnom Penh Post


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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. ....

Kong Vibol , Department Of Taxation , Ministry Of Economy , National Budget Law , General Department , Budget Law , Meas Soksensan , துறை ஆஃப் வரிவிதிப்பு , அமைச்சகம் ஆஃப் பொருளாதாரம் , தேசிய பட்ஜெட் சட்டம் , ஜநரல் துறை , பட்ஜெட் சட்டம் ,