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
November 2, 2018 by
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 traders to quit pagodas
October 20, 2017 by
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
September 14, 2017 by
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 […]
Ford opens Yangon factory
July 27, 2017 by
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
June 2, 2017 by
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
January 11, 2016 by
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 […]
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