Latest Myanmar News
In a secretly circulated document, Myanmar’s Central Bank in Naypyitaw has acknowledged that fake 500 kyat currency notes were circulating in the market and it has sent an eight-point guideline to all financial institutes to check for fake notes. The document, a copy of which is in Mizzima’ possession, said a study in the wake …
Myanmar Central Bank warns financial institutions of fake kyat notes Read More »
Chin National Day 2009 will be held on 20th of February 2009 at U Wummathumaung Stadium in Hakha. As in previous years, there will be Chin traditional dances of various Chin ethnic races living in Chin Hills State, Chin traditional costume show, Chin traditional wrestling and other Chin traditional ceremonies. Visitors should prepare their trip …
The following is the translation from the blog by Ma Ma written in Burmese. The original article can be found at On Shwedagon. “…… I was quite inquisitive about everything. One day while I was going to Shwedagon as usual, I happened to know about the donation boxes in Shwedagon Pagoda. I was at Chanthargyi …
While the economy is in turmoil, Myanmar astrologers and astrological book publishers are finding it a good time for their business, according to the Democratic Voice of Burma. While rice exports are not earning good price, while sea food industry is in big trouble, while business are finding it difficult to maintain their business activity, …
Shan State leader Shwe Ohn has said he will stand for election in 2010, despite his opposition to the State Peace and Development Council’s national convention and 2008 Myanmar constitution. Shwe Ohn, 87, said he had written to the chair of the State Peace and Development Council, the Internal Affairs Ministry and the Electoral Commission …
Democratic Voice of Burma: Shan leader to contest 2010 election Read More »
A political journal will be published for the first time on Thursday in Myanmar.
This ‘Northern Star’ journal will focus on political views, political issues at a time when the 2010 general elections are due. The editor-in-chief of this new journal will be army veteran and former government daily paper ‘New Light of Myanmar’ Vice Editor-in-Chief U Thiha Aung.
“Myanmar is heading towards democracy. We will publish this journal in the belief that it’s time to write on political issues in this period of transition to democracy. We will publish some articles written by journalists and writers which will be beneficial for the people along with reviews. Political parties will be formed soon and the organizational work of these parties will commence too. We will review the past and show the right way as we believe to the people”, U Thiha Aung said.
“It’s been 20 years from 1988 to 2008. In our country, people know something and don’t know something too. Some known facts are forgotten also. There are milestones in our history which must be recollected and remembered. We will integrate these historical facts with the up-to-date situation for public study. Our articles will be something on these lines,” he added……….
Rice prices in Myanmar are falling. However, fall in price is mainly in the price paid to the rice farmers for rice grain. The price of polished rice sold in the domestic market remains high. Current grain price for low grade rice is 250,000 kyat (about US$ 250) per 100 tin (Burmese system for measuring rice and grain, equivalent to 66 sacks), while the price for high grade rice is currently at 450,000 kyat (US$ 450) per 66 sacks. (Rice in Burma is usually sold in sack). This is the price paid to rice farmers by the millers.
Polished rice at the wholesale market is currently at 14,000 to 16,000 kyat (US$ 130 – 150) per sac for low grade rice, while high grade rice is sold at more than 24,000 kyat per sac. Usually, 66 sacks of grain will yield 32 sacks of polished rice after milling. At this rate, 66 sacks of grain (bought at 250,000 kyat would yield more than 500,000 kyat (double the buying price)………
Last two days saw the sudden rise in the value of Myanmar kyat against other currencies in the black market. Until 20 January, the selling rate (rate they sell from the money exchangers) of US dollar in the black market of Rangoon was 1190 kyats per 1 US$. Yesterday, it suddenly dropped to 1100 kyats …
Sudden and unexpected rise in the value of Myanmar Kyat Read More »
The following is the translation from the Popular Myanmar Journal published weekly. “Thiri Mingalar market is one of the major markets in Yangon (Rangoon). Situated on the bank of Rangoon River (Hlaing River), it is one of the most important markets in Yangon where the wholesales are done for the fresh fish, vegetables, fruits and …
The following is the report from the Xinhua News Agency published in China People’s Daily. “The Myanmar Telecommunication authorities will add 40,000 more new Global System for Mobile (GSM) phone lines in the city of Yangon to facilitate users as part of its bid to enhance the development of the telecommunication sectors, a local weekly …
Myanmar to introduce 40,000 GSM phones in Yangon Read More »