Myanmar oil demand up, Petronas among suppliers

SINGAPORE/YANGON: Myanmar businessman Lay has doubled the number of cars he owns to six in just three years, as reforms in South-East Asia's poorest country unleash a wave of consumer spending.

The opening up of the economy, with a loosening of military rule ending decades of isolation, has meant a surge in ownership of second-hand Japanese cars that are replacing rusting, reconditioned British-era vehicles and boosting demand and imports of fuel.