A Land Eager to Look Rich: Luxury Brands Edge Into Myanmar

YANGON, Myanmar — “Every man has a crazy hobby,” said U Thiri Thein Than, an automotive engineer from Yangon who also has a home in Tokyo. “For me, it’s cars and watches.” For years Mr. Thiri Thein Than, 40, has done his higher-end shopping overseas. But in March, he visited a boutique that the Swiss […]

BMW Adapts Parts for Myanmar Market

The sales for BMW cars have remained high despite the typical monsoon downturn in auto sales as the German automaker has specialised some of their products to fit the conditions in Myanmar. “Before, some components could not function properly in Myanmar’s climate and road conditions, as they could be easily damaged. Now, BMW has specially […]

German delegation makes historic visit to Myanmar

A delegation of 150 German businesses, lead by German President Joachim Gauck, visited Myanmar last week in an attempt to bolster bilateral relations between the two countries. The delegation, representing global firms such as Siemens, BMW and Deutsche Bank, discussed the prospect of local partnerships, investment strategies and introducing international corporate, labour and social practices. […]

BMW to drive ASEAN summit

BMW is to provide vehicles for ground transportation for the 2014 ASEAN summit, a local representative announced last week. Officials will be ferried around town in up to 95 BMW chauffeur-driven limousines during the two summit sessions in May and November next year. “It is an honour to partner this ASEAN summit chaired by Myanmar,” […]