India’s Tata Faces Challenge in Myanmar’s Japan-Dominated Car Market

YANGON — Tata Motors is facing a challenge in the Myanmar auto market, which is currently dominated by second hand Japanese imports, the local distributor of India’s largest car maker said. Tata is looking to build a presence as the auto market in Myanmar opens up with relaxed import restrictions, and in 2010 it established […]

Update regarding Mitsubishi Motors initiatives in Myanmar

Mitsubishi Motors Corporation (MMC), Mitsubishi Corporation (MC), Yoma Strategic Holdings Ltd (YSH) and First Myanmar Investment Co., Ltd (FMI) have been working together on building a service structure for inspection, maintenance, and repair of MMC brand vehicles in the Republic of the Union of Myanmar (Myanmar), following Myanmar’s recent deregulation of automobile importation and in […]

Reforming Myanmar Moves Up Global Corruption Rankings

YANGON — The Myanmar government’s reforms since a quasi-civilian government took charge in 2011 appear to be improving its poor reputation for corruption, with global watchdog Transparency International on Tuesday boosting the country’s ranking in its annual survey. The Berlin-based organization put Myanmar 157 out of 177 countries surveyed for its Corruption Perceptions Index 2013.The […]