Traders Face Teething Problems Using New Customs System

Exporters and importers are encountering issues with Yangon’s new automated customs system, but are hoping the problems will be sorted out soon. The customs department finished a trial run of the Myanmar Automated Cargo Clearance System (MACCS) on November 3, which threw up a variety of IT issues that MACCS director U Win Thant said the department […]

Showroom owners call for clear automobile import policy

Confusion over car import policy could put off foreign investors, showroom owners are warning. They say investors who want to introduce new vehicles are unable to do so because of frequent changes in the rules. Partly as a means of reducing traffic congestion in Yangon, the last government required importers to prove they had enough space […]

Why can’t Myanmar freshwater prawns be exported aboard?

IN years past, large Myanmar freshwater prawns were exported aboard, but the current states of affairs see these prawns solely traded within the country. It is partly to do with a lower price offered by foreign countries, paying just K16,000 per viss (1.6kg) of large freshwater prawns, compared with the domestic market whereby the same […]

RTAD rules out right-hand-drives

Vehicle prices may be set to rise next year as the government moves to reduce the number of right-hand- drive cars on the roads, importers and dealers say. The new import rules for 2016 issued by the Road Transport Administration Department will oblige a wide range of importers, including nearly all government staff, to import […]

Vehicle importers quiet on missing parts, says deputy minister

A conspiracy of silence seems to surround the issue of parts allegedly stolen from imported vehicles at Yangon ports, parliament heard on July 13. That was the conclusion reached by Magwe Region MP U Hla Swe, who claimed stolen parts, including TVs, CD players, spare wheels and floor mats, were being pilfered at the ports […]

Policy changes disrupting for car importers

Local car dealers tired of losing money due to frequent and erratic policy changes regarding imports blame the government for creating an unstable market. Since allowing imported vehicles into the country in 2011 as part of nationwide reforms, the auto sector has seen gradual and sweeping policy changes aimed at regulating the market, while attempting […]

Used car roadblock removed

Car sale centres can now import later-model used vehicles following a government decision to ease restrictions at the beginning of September, said Yangon-based dealers. Dealers that have already imported and sold 100 vehicles may apply to import used models dated from 2008 to 2011, said U Soe Htun with Farmer Auto. Previously dealers could import […]