As Flood Recedes, Vegetables Rise in Price

Transportation disruptions and difficulties caused by floods in Myanmar have reduced the flow of vegetables resulting in hike in prices, according to traders. Since the end of July, the floods in the upper regions of the country have ravaged much of the country’s infrastructure, and vegetable prices have risen. “The main factor is transportation. Flow […]

Skyrocketing commodity prices will affect millions

Basic commodity prices rose at the end of November due to the appreciation of US dollar throughout the month and the news that salaries of parliamentarians and civil servants will be increased. Critics say that the government must address these two causes in order to reverse the hike in the commodity prices. The greenback hit […]

Myanmar’s emerging rich

As Myanmar’s economy steadily grows, a higher percentage of Yangon’s population are finding themselves with more cash to spend. Imported products from Thailand and Hong Kong can be seen on display in downtown shopping malls – something that would have been impossible two years ago as foreign goods were banned under the military junta. Big […]