MAI to extend Yangon-Chennai-Yangon flights on 6 May

A new Yangon-Chennai (formerly Madras)-Yangon route will be reportedly extended on 6 May by MAI Airlines.
The flight will run three times a week every Monday, Wednesday and Friday, and will depart from the Yangon International Airport at 8 am and arrive in Chennai at 11:15 am (local time). The Chennai-Yangon flight number 8M 631 will depart from Chennai at 11:15 am and arrives in Yangon at 3:15 pm. The price of the flight ticket is currently set at US$260.
The MAI Airlines currently operates the Yangon-New Delhi-Yangon flight and the Yangon-Bodh Gaya flight three times a week, while the Yangon-Singapore-Yangon route is operated once a week.

Source: The Global New Light of Myanmar

Special commodity tax to be exempted for BEVs

The Working Committee on Special Exemptions on Electric Vehicles and Related Industries notified that the special commodity taxes for EVs will be exempted until the end of March 2024.
In the 2023 Union Tax Law, the commercial tax on battery electric vehicles (BEVs) including battery-used electric two-wheeled and three-wheeled vehicles, accessories, and battery charging services, and the special commodity tax on EVs are spared from 1 April 2023 to 31 March 2024.
According to the release, they are working to allow tax exemption until the end of March 2024 since the zero per cent customs duty set for electric vehicles imported from abroad under the CBU, CKD and SKD systems expired at the end of March this year.
It is mentioned in the statement that road/bridge tolls for EV vehicles need not be paid for two years from 1 April of this year until 31 March 2025.
In addition, it is reported that EVs initially registered from 2023 to 2025 have been exempted from 100 per cent wheel tax, city entrance fee, toll, charges for overweight load, showroom fee, business licence, overnight fee, property tax among others. 

Source: The Global New Light of Myanmar

Fish

Myanmar pockets over $700 mln from fishery exports in FY2022-2023

Myanmar generated an income of US$765.947 million from fishery exports between 1 April 2022 and 31 March 2023 in the 2022-2023 Financial Year, according to the Ministry of Commerce.
The figures dropped from $824.513 million in the 2021-2022 FY, showing a decrease of $58.566 million.
Myanmar sends fishery products to foreign markets by sea and border trade.
At present, fishery export is underway. The export volume is still declining.
Myanmar’s fishery products are delivered to Japan, European countries, China, Thailand and neighbouring countries by maritime trade. Fish, shrimp, crab and fishery products are sent to neighbouring countries through Muse, Myawady, Kawthoung, Sittway, Myeik and Maungtaw borders.
More than 20 fish species including hilsa, rohu, catfish, and seabass are exported to foreign markets, according to the Myanmar Fisheries Federation.
Myanmar ships fishery products to over 40 countries, mostly to Thailand and China. 

Source: The Global New Light of Myanmar