Nezas Holdings, a Toyota Motor Corp dealership, will open a shop in Yangon early next year. It will be the first foray into Myanmar by a Toyota-related car sales group. A showroom is under construction in Mayangone Township, the northern part of the country’s commercial capital, a Nezas spokesman said on Friday. Nezas and Hinthar […]
Ngwe Saung Luxury Project Eyes Dec. 2017 Start
A luxury resort project which includes villas and a five-star hotel along Ngwe Saung beach in Ayeyarwaddy region has begun. The project is located on 160 acres of land in Bu Kwey Gyi village in Ngwe Saung and aims to be the first holiday villa project in Myanmar, U Soe Thiha Hlaing, executive director of […]
Ford Motor Company (NYSE:F) introduces new models to the Myanmar market
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 […]
BMW’s motorcar showroom, service center and S3 center opened in Yangon
World-famous Germany-based BMW Motorcar Company’s the first showroom, service center and S3 center that include spare parts was opened in Yangon on November 15 at the corner of Narnattaw Road and Pyay Road, Kamayut Township, according to Prestige Automobiles Co., Ltd. At the showroom, brand new cars of BMW like: 3 Series, 5 Series, 6 […]
Dagon City showroom already creating a buzz
The showroom of Dagon City 1, a multipurpose residential project that will be built in one of the city’s prime locations – next to Yangon Zoo – has been drawing crowds even though it has yet to officially open. The showroom will officially open on September 27, but its staff are not turning away those […]
Nissan and Mercedes race to enter the Myanmar market
Competition among global automakers to establish their brands in Myanmar is intensifying with Nissan and Mercedes joining the race to take advantage of the market’s long-term growth prospects. Although used cars currently comprise up to 99 percent of annual domestic sales, industry insiders say automakers are staking out territory with an eye to future market […]
Cosmetic firm Oriflame opens showroom in Myanmar
Sweden based Oriflame Cosmetic Company has launched its first ever showroom last month in Sangchaung Township, in Yangon. Oriflame Cosmetics S.A. is a cosmetic group, founded in 1967 in Sweden with its headquarters in Luxembourg. The company sells skin care and cosmetic products and has a presence in over 60 countries world wide. “We are […]