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Toyota to build first Myanmar assembly plant in Thilawa

Japan’s Toyota Group will start building an assembly plant in Thilawa Special Economic Zone (SEZ) this year, according to a Myanmar Times source. Toyota Motor Corp, the automobile branch of Toyota, will invest several billion yen for the facility to manufacture pick-up trucks through semi-knockdown (SKD) production for the Myanmar market. An official announcement will […]

Yoma Strategic in $26.6m share deal with Tokyo Century to grow Myanmar vehicle leasing business

Mainboard-listed Yoma Strategic Holdings said on Monday (April 22) that Japanese leasing company Tokyo Century Corporation will acquire a 20 per cent stake in its subsidiary Yoma Fleet for $26.6 million by way of newly issued shares. Upon satisfaction of certain conditions to complete the subscription of new shares by Tokyo Century, Yoma Strategic will […]

The Good And Bad That Investors Should Know About Yoma Strategic Holdings Ltd’s Latest Earnings

Yoma Strategic Holdings Ltd (SGX: Z59) is a conglomerate that focuses on Myanmar. It has business interests in a wide variety of sectors, such as real estate development, agriculture, tourism, vehicle distribution, and even food & beverage retail. In late October, Yoma Strategic released its second quarter results for its fiscal year ending 31 March 2018 (FY2018). […]

Henkel Thailand expands footprint in consumer sectors

Building on 45 years of success in Thailand, Henkel continues to expand its presence in the adhesives and hair businesses and is aiming for greater growth, especially in the consumer sectors. Thailand has a large consumer market and a growing middle class, which are fueling the growth of various markets, such as automotive, beauty, electronics, […]

Ford Motor Company (NYSE:F) introduces new models to the Myanmar market

Ford introduces new autos to Myanmar market American auto maker Ford has introduced three new models to the Myanmar market through its local distributor Capital Automotive. The new cars are the Fiesta, Focus and EcoSport brands, with the Focus brand having been a particularly strong performer for the company globally in recent years. According to […]

Bosch’s automotive repairing and components sales center to open in Yangon

Bosch, a German-based multinational engineering and electronics company, will open an automotive repairing and components sales center in South Okkalapa , Yangon in May, according to the company’s representative office in Yangon. The company will give services with the latest brand new machines in the center and has trained the technicians in Singapore. The center […]