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 […]

Timber group replaces sub-contractors with service providers

This comes after it previously said no more sub-contracts would be issued. It announced that the decision to hire service providers was due to the MTE’s capacity limits. Experts have questioned the differences between sub-contractors and service providers and argued that transparency is essential in any reformed processes. Last year, the MTE announced that it […]

Ford opens Yangon factory

The government and motor giant Ford jointly opened a car assembly plant in Yangon on July 21. Ford worked with Capital Automotive Limited and Capital Motors Limited to open the factory at the industrial zone in east Dagon Myothit. Khin Tun, chairman of Capital Automotive, praised the collaboration. The Capital Motors factory puts together Ford […]

Yangon takes legal action against nearly 30,000 vehicles

The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]

Yangon gridlock

Than Htwe lives in Hlaing Tharyar, a sprawling township 20 kilometers west of central Rangoon, but his job is downtown. Every morning he wakes up in the early hours, quickly downs a cup of tea and rushes to the bus stop at 6:30 so he can get to his workplace by 9 o’clock. He meets […]

Car import business marred by fraudulent dealings

However, the chief of the unit, U Myint Cho, said the rate of importation had fallen from about 20,000 per month last year to the single-figure thousands this year. “From that point of view the system has been reasonably successful,” he said. Alarmed at the almost constant congestion that developed in Yangon following the liberalisation […]

Home Made Vehicle Ploy Comes to an End

The Road Transport Administration Department (RTAD) said that there has been no instruction regarding the fate of locally assembled vehicles, as it awaits a government decision to restart issuing import permits in exchange for locally-assembled cars. Vehicles older than 20 years can be exchanged for permission to import a new car under a car exchange […]

Tyred out: importers say tax policy favours used cars

Almost all of the cars imported to Myanmar last year were second-hand, due to a high tax on brand-new vehicles. The government should reconsider its policy relating to the import of new cars, say businesspeople. “As far as I know, most Myanmar citizens import used cars. According to the records from last year, brand new […]

CNG refuelling station to open on Yangon’s outskirts

Vehicles forbidden to enter Yangon will now be able to refuel on the outskirts, the energy ministry has decided. In a May 22 statement, the ministry announced plans to open a filling station about 35 kilometres (21 miles) north of the city at Htaukkyant for vehicles fuelled by natural gas. More than 1 million cubic […]