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Trade body seeks streamlining on duties for double-cab trucks

The Myanmar Automobile Manufacturers and Distributors Association (MAMDA) has requested Vice President U Myint Swe to classify double cab trucks as commercial vehicles and levy a single tax on the category of vehicles. The MAMDA made the request during a regular meeting between Private Sector Development Committee led by the vice president and private enterprises […]

Myanmar not ready yet for auto boom

THOUGH MYANMAR has the potential for a boom in its automotive industry, it may take more than five years to enjoy tangible benefits in reality, according to Soe Tun, president of Myanmar Automobile Manufacturers and Distributors Association and managing director of Farmer Auto Trading Co. “It is not the right time for newcomers to enter […]

Commercial vehicles to use to Yangon-Mandalay highway

Commercial that need to reach their destination by a particular time will be considered for access to the Yangon-Mandalay highway, according an announcement of the Public Works and Construction Ministry on Monday. Previously, only private cars and passenger buses were permitted on the highway, according to the announcement. Vehicles loaded with perishable goods, such as […]