The surprise decision to fix the rate of the kyat has harmed the competitiveness of Myanmar’s rice exports, traders say, and orders from abroad are already beginning to decline.
Consider being a Frontier Member.
Support independent journalism in Myanmar. Become a Frontier member today
The Yangon Region government appears to be backtracking on a secret deal to lease 26 sites to a private company, Yangon Petrol, following widespread public criticism and pressure from regional lawmakers.
Myanmar's military said on Saturday they would thwart attempts by the National League for Democracy to alter the essence of the constitution.