Myanmar’s car market faces growing pains
Myanmar’s potential market for new cars is significant, but growth is hampered by regulatory uncertainty.
Myanmar’s potential market for new cars is significant, but growth is hampered by regulatory uncertainty.
Myanmar’s ambition to expand its economic reach beyond its own borders may be a necessary step toward becoming a fully integrated member of the international business community, however legitimacy comes at a price.
Myanmar’s economy is on the rise and tourism is at its highest point in decades, but that alone has done little to help the country’s struggling aviation industry, which experts worry is being hampered by low-safety standards and oversaturation in the market brought on by new carriers.
Since 2002, the Centre for Vocational Training (CVT) in Yangon has been working hard to help young people, and particularly those from disadvantaged backgrounds, to overcome the many barriers to learning and improve their employment prospects.
Burmese fashion designer Mo Hom returned to Myanmar in 2012 after a decade of success in New York. She talks to Mizzima about her drive to create the perfect fusion of modern and traditional designs.