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 […]

No change to car import policy: Commerce Ministry

Deputy Commerce Minister U Pwint San said during a meeting with car importers and the Myanmar Automobile Manufacturers and Distributors Association on November 30 that the ministry would not intervene in the market. “It is true that Yangon is facing heavy traffic jams. But we will not cancel car import permits,” he said. “There has […]