Daw Aung San Suu Kyi greets her supporters after the meeting with government officials and people in Bago in March 2019. Daw Suu under pressure to drop car import licences for govt officials Exclusive: Daw Aung San Suu Kyi’s government is under renewed pressure to drop plans to award tax-exempt car import licences to senior […]
Toyota to build first Myanmar assembly plant in Thilawa
May 28, 2019 by
Japan’s Toyota Group will start building an assembly plant in Thilawa Special Economic Zone (SEZ) this year, according to a Myanmar Times source. Toyota Motor Corp, the automobile branch of Toyota, will invest several billion yen for the facility to manufacture pick-up trucks through semi-knockdown (SKD) production for the Myanmar market. An official announcement will […]
Yoma Strategic in $26.6m share deal with Tokyo Century to grow Myanmar vehicle leasing business
April 23, 2019 by
Mainboard-listed Yoma Strategic Holdings said on Monday (April 22) that Japanese leasing company Tokyo Century Corporation will acquire a 20 per cent stake in its subsidiary Yoma Fleet for $26.6 million by way of newly issued shares. Upon satisfaction of certain conditions to complete the subscription of new shares by Tokyo Century, Yoma Strategic will […]
Bracing for competition
October 10, 2017 by
IF your father were a tycoon and founder of numerous thriving businesses, it would seem a no-brainer to join him at the helm. But that prospect was not a straightforward decision for Melvyn Pun, son of Serge Pun and chief executive of Yoma Strategic Holdings. With his stellar career of 12 years at Goldman Sachs […]
Ford Motor Company (NYSE:F) introduces new models to the Myanmar market
January 26, 2015 by
Ford introduces new autos to Myanmar market American auto maker Ford has introduced three new models to the Myanmar market through its local distributor Capital Automotive. The new cars are the Fiesta, Focus and EcoSport brands, with the Focus brand having been a particularly strong performer for the company globally in recent years. According to […]
Bosch’s automotive repairing and components sales center to open in Yangon
May 4, 2013 by
Bosch, a German-based multinational engineering and electronics company, will open an automotive repairing and components sales center in South Okkalapa , Yangon in May, according to the company’s representative office in Yangon. The company will give services with the latest brand new machines in the center and has trained the technicians in Singapore. The center […]
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