After decades of military rule, Myanmar at last has a democratically elected government. Longtime opposition leader Aung San Suu Kyi’s party took charge in March, with her ally Htin Kyaw becoming president and the Nobel laureate herself serving as foreign affairs minister. In response, the U.S. last month announced a partial rollback of economic sanctions […]
Chevrolet Launches Colorado High Country for Wealthy Yangon Urbanites
Chevrolet, a division of American automaker General Motors, has launched its new Colorado High Country model in Myanmar to cater to the premium segment of a largely urban target market in the country. Chevrolet said the Colorado is one of its “most important product in Myanmar”, and High Country is designed to help grow Chevrolet’s […]
Myanmar Firms Feel Pinch From Abroad
YANGON, Myanmar—The world’s biggest consumer companies are flocking to Myanmar, filling the once-pariah nation and its backward economy with goods previously unavailable to its 60 million people. But not everyone is happy. Some of the country’s biggest conglomerates—plugging away at the cash-strapped market for decades and fighting hard to grow despite crippling Western sanctions—are now […]