Cash for clunkers drives price

Sale prices of made-in-Myanmar jeeps and other vehicles have jumped by up to 40 percent since the government started accepting the vehicles on July 14 in exchange for import permits, say car traders. Vehicle traders from Mandalay’s Pyi Gyi Myat Shin car trading zone said demand for the vehicles – and the import slips they […]

Yangon’s outdated buses to be replaced with new city buses

Outdated buses in Myanmar’s largest city will be replaced with new foreign city buses, according to reports from Yangon’s regional government. Private motor companies have been granted licences to import foreign city buses with their own funding. Yangon’s regional authorities are making it a priority to issue import licenses and permits to run the new […]