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.
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Censorship remains a challenge for moviemakers in Myanmar, but the Wathann Film Festival is able to screen uncut productions at the Goethe Institut, one of its two venues this year.
The business community is disappointed that a much-hyped meeting in Nay Pyi Taw failed to discuss solutions for tackling a sluggish economy.