Gold prices start year off with a bust

The continued devaluation of gold abroad has led to a 14.73 percent drop on the local markets over the past year, shop owners said. The current market price of one tical of 24 karat gold (one tical equals 0.576 ounces) now sits at K648,000 (equivalent to US$1133 an ounce), down from the K760,000 gold sold […]

Irregular pulse: bean market seesaws in 2013

It has been a surprising year for Mandalay’s beans and pulses market as some usually popular varieties are being sold at less profit than anticipated, while others have recorded unexpected price rises thanks to climate change-related declines in yield. The most noticeable surge in demand this year is for myae-htauk-pae (kidney beans), the price of […]

Myanmar’s airlines face challenges as playing field expands and competition intensifies

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Myanmar’s aviation market has huge potential for both local and foreign carriers as the country has recorded some of the highest passenger growth rates in Asia since opening up in 2012. But there are also huge challenges, including infrastructure constraints, over-capacity and unprofitability. […]