Toyota sees uphill sales battle in Yangon

Local car dealer Toyota Aye and Sons is hoping a hire purchase scheme will help boost sales of a new Toyota model, which has to compete with a sea of used vehicles in a market complicated by regulations. Toyota has been struggling to sell brand-new cars in Myanmar despite campaigns and promotions. The market is already awash with […]

Foreign players still waiting to cash in on corner shop surge

YANGON — Convenience stores have been sprouting up in Myanmar since the junta made way for a civilian government in 2011, replacing roadside mom-and-pop shops. Under military rule, only domestic companies were allowed to operate convenience stores due to a government ban on foreign investment in the distribution sector, apart from some large-scale commercial facilities. […]