Room to park required for car imports

There are a lot more cars piling into Yangon than ever before, and less room to park them. In a bid to cut down on the chaos, individual importers will be required to prove they have a parking space for the vehicle beginning on January 1 – though some question whether the policy will work […]

New FDI rule on the way coming weeks

New rules for the Foreign Investment Law will be issued in the coming weeks, the Ministry of National Planning and Economic Development says. Directorate of Investment and Company Administration director general U Aung Naing Oo said the ministry had finished the revision, which is likely to result in more restrictions on foreign investment, particularly in […]