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
Foreign visitor arrivals are up sharply and are expected to reach “at least 3.5 million”, up from 2.9 million last year, but there’s concern about the longer-term impacts of the crisis in Rakhine State.
A small but growing group of Buddhists is fighting a determined campaign against the extreme nationalist rhetoric and hate speech that it says is a violation of what the Buddha taught.