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 […]

Kokang Sowing Seeds for Investment With Industrial Zones

Industrial zone projects are underway in Shan State’s Kokang self-administrative region, say local lawmakers who are inviting foreign investment to the area on the Sino-Burmese border. Myi Shauk Chan, a member of the Shan State parliament from Kokang, told The Irrawaddy that three industrial zones had already been planned for his region. Construction on one, […]