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Vehicles at the forefront of Myanmar’s drive for industrial growth

Toyota is developing an assembly plant in Myanmar,signaling strong growth prospects in the local market as the country looks to expand its manufacturing output. In late May the Japanese carmaker announced it will establish its first vehicle assembly plant in the country, in the Thilawa Special Economic Zone (SEZ) just outside of Yangon. Once it […]

European car makers express interest in Myanmar

The Czech Republic has announced interest to assemble Skoda cars in Myanmar, U Thaung Tun, Union minister for Investment and Foreign Economic Relations, said last week. “The Czechs sold the Skoda in Myanmar in the past and now they’ve made an offer to start production here,” U Thaung Tun said at an investment promotion event […]

Toyota Nezas dealership in Myanmar to begin selling in 2020

Nezas Holdings, a Toyota Motor Corp dealership, will open a shop in Yangon early next year. It will be the first foray into Myanmar by a Toyota-related car sales group. A showroom is under construction in Mayangone Township, the northern part of the country’s commercial capital, a Nezas spokesman said on Friday. Nezas and Hinthar […]

New policy aims to raise number of new cars on the road

The Ministry of Industry launched a new automotive policy this month, with the aim of supporting transport and auto-related business through sustainable development and more foreign direct investments. Under the new policy, the usage of left-hand drive vehicles will be promoted for road safety purposes. Control measures on imports of used right-hand drive vehicles, which […]

A clean-up campaign for Yangon’s air pollution

The SHWEDAGON Pagoda was our first stop on a mission to gather data on air quality in various locations across Yangon, which began one Sunday morning in late March. The air quality in the commercial capital seemed to have deteriorated throughout the hot season, and we wanted to know how bad it was and what […]

Japan’s Toyota Tsusho to run Myanmar’s first car auction

Toyota Tsusho Corp., the Toyota Motor Corp. group’s trading arm, will hold Myanmar’s first car auction later this month with local startup Rebbiz Co., with the aim of building a marketplace for used car transactions. T.T.A.S. Co., the official local dealership of Toyota Motor, has said they will host the first such auction in Yangon […]

Myanmar auto portal on fast track amid surging demand

THOUGH the lack of stable automobile policies in Myanmar is holding back the potential for an auto boom, CarsDB.com, the nation’s largest automobile marketplace, is confident it will be able to maintain its annual two-fold growth in revenue, according to Wai Phyo Kyaw, co-founder and chief operating officer of the company. “Since the past three […]

Mandalay to continue Thingyan market

The Thingyan market, which offers shopping and entertainment to visitors, was such a success in Mandalay last year that it will continue this year. A countryside Thingyan night market (Taw Thingyan nya zay) will also be opened, according to the Mandalay City Development Committee. The countryside Thingyan night market will be held on 66th between […]

Mandalay traders to quit pagodas

Traders had been told not to conduct businesses in monastery compounds in Mandalay Region and the government will arrange an alternative place where they can do their businesses. “Some people are doing business in monastery compounds. Please don’t do it. They can apply for a place (land) at the regional government and we will consider, […]

Car import permits down 60pc in 2017-18

Applications for the import of passenger vehicle is down by more than 5,000 so far this fiscal year compared to the same period in the previous fiscal year, said U Aung Htoo, deputy minister for Ministry of Commerce. The government has been trying to limit the import of cars to control traffic congestion in the […]