With U Set Aung in charge, no excuse for Kyaukphyu to repeat Thilawa’s rights abuses

Chair of Thilawa Special Economic Zone Management Committee (TSMC) is now also at the helm of Kyaukphyu’s SEZ body. Given that there is now an SEZ precedent to learn from, U Set Aung should ensure Kyaukphyu does not repeat the human rights abuses and lack of transparency in which Thilawa was mired. U Set Aung, […]

Delay in new automotive policy for Yangon alarms business groups

Two major business groups penned a letter to the commerce and transport ministries to complain about the delay in implementing the new vehicle registration system in Yangon. Vehicle distributors and dealers have been waiting for two years for a new policy. The new system was originally expected to be in place by the beginning of […]

Car Importation Policy to Be Issued by Year End

The government will issue a general car importation policy within the year to put an end to the current confusion in the industry, Commerce Minister U Than Myint told The Myanmar Times. At present, there are several policies related to car importation. This has created confusion among the “legitimate vehicle importers” and the government will seek […]

Govt urges UMFCCI to Take on Larger Role in Drawing FDI, Supporting SMEs

Senior government officials have called on Myanmar’s peak business body to step up and provide both a conduit for foreign investors and a representative for small local businesses, as the country’s economy seeks new strides in liberalisation. Speaking to over a 1000 businesspeople at the Union of Myanmar Federation of Chambers of Commerce and Industry […]

Car Dealers Seeking Urgent Answers on Policy From Commerce Ministry

Drivers are risking their lives in vehicles that were not built for the Myanmar road system, industry professionals complain. The Authorised Automobile Distributors’ Association wants the government to clarify car import rules and to end the confusion they say has brought “dark days” to their industry. The distributors hope to meet Commerce Minister U Than […]