Phony Yangon car showrooms defraud dealers in Japan and Korea

Up to one-third of all Yangon car showrooms are fake, and some may be defrauding automobile dealers in Japan and Korea, local vehicle distributors say. Some may also be failing to pay tax on the cars they sell. U Soe Tun, head of the Myanmar Automobile Manufacturers and Distributors Association, said MAMDA was negotiating with […]

Digicel’s Myanmar connundrum

Digicel has indicated in its SEC filings that it is listening to offers for the vestiges of its Burma tower business Digicel inched closer to its listing in New York this week by updating its SEC filings, although it is still likely to be November before Denis O’Brien’s Caribbean telco is a fully fledged member […]