Myanmar not ready yet for auto boom

THOUGH MYANMAR has the potential for a boom in its automotive industry, it may take more than five years to enjoy tangible benefits in reality, according to Soe Tun, president of Myanmar Automobile Manufacturers and Distributors Association and managing director of Farmer Auto Trading Co. “It is not the right time for newcomers to enter […]

Short-term and long-term land grants issued to applicants with no record of land disputes

ONLY applicants who have never been involved in land disputes have been granted leases of land for 10 years or 30 years in accordance with Upper Myanmar Land and Tax regulations and Lower Myanmar Town and Villages regulations, Deputy Minister for Home Affairs Maj-Gen Aung Soe told the Amyotha Hluttaw yesterday. Respective district commissioners have […]