The Myanmar kyat has been stable between K1300 – 1325 per US dollar for the last three months. This has helped forex brokers make profits in the local currency market. The current price of the local currency has touched 2016 levels, and is at its strongest levels against the US dollar since 2018. A stable […]
Dealers hurt by jade arrests
July 27, 2017 by
The dealers of uncut jade pieces in Hpakant Township, Kachin State, say they are hurt by continuous jade arrests. The arrests began this year where the police and army inspect cars and motorcycles at the city gates for uncut jade pieces. The dealers say they have to pay money to recollect the confiscated jade later. […]
Yangon’s lost children
August 27, 2015 by
Fourteen-year-old Ma Ei Mon’s tidy hair and thanaka-daubed face belie her troubled past and confused reality: Barely a teenager, she could be studying at school, but she is already working and living far from home. Ma Ei Mon hails from Ayeyarwady Region. She was brought to Yangon by her aunt two years ago to work […]
Experts cautious on stock market appeal
January 20, 2015 by
The planned stock market will likely not be a success straight out of the starting gate, though could eventually emerge as a worthwhile destination for investment, according to experts. While the Yangon Stock Exchange is slated to open in October 2015, it will need to prove its performance before it can capture trust – and […]
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