Showroom owners call for clear automobile import policy

Confusion over car import policy could put off foreign investors, showroom owners are warning. They say investors who want to introduce new vehicles are unable to do so because of frequent changes in the rules. Partly as a means of reducing traffic congestion in Yangon, the last government required importers to prove they had enough space […]

Panel Deals Blow to Suu Kyi’s Chances of Becoming President

Nobel laureate Aung San Suu Kyi’s hopes of becoming Myanmar’s president next year have been dealt a blow when a parliamentary committee voted not to change a constitutional clause that bars her from the post, two of the panel members said. The committee tasked with recommending amendments opted to retain the section that prevents anyone […]

Businesses Bid for Tourist Exploitation of Historic Mandalay Palace

Mandalay Division’s government said it is privatizing the tourist exploitation of the historic Mandalay Palace complex, the abode of Burma’s last kings, the Konbaung Dynasty. In August, several firms were invited to submit a tender to manage commercial exploitation and ticket sales at the famed Mandalay Palace complex, said Nyo Myint Tun, a supervisor of […]