Myanmar’s Fans of Right-Hand Cars Feel Wronged by State Ban

YANGON, Myanmar—Driving a car here is like waiting for an accident to happen. More than nine out of 10 cars in Myanmar are right-hand drive, as they are in Britain and Japan, but the cars drive on the right-hand side of the road as they do in the U.S. That combination occurs as in few […]

Myanmar eyes junta’s old tricks to fight weaker currency

YANGON — Desperate to halt the severe depreciation of its national currency, Myanmar’s democratically elected government may revive drastic measures that were employed by the military junta. The kyat has lost about 20% of its value against the greenback in the past six months due to Myanmar’s growing fiscal and trade deficits stemming from lower […]

Myanmar clunkers ‘scrapped’ to make room for new cars

Automakers are seeking pole position in possibly one of the world’s fastest growing markets for new and used cars. YANGON — Mr Mike Shwe Hlaing has a lot full of used SUVs and a potentially huge market to sell them to if Myanmar manages to spread some of the affluence blooming in its biggest city […]