Old rice prices stable despite decline in export price of rice to China

The prices of old rice are still stable despite a decline in export prices of rice to China. Prices of low-quality rice in Mandalay market is on the decline because of China’s low demand for low-quality rice and Chinese Yuan depreciation, said U Thein Zaw, the chairman of Mandalay Rice Depot. Myanmar’s low quality rice […]

Laukkai casinos thrive under military

Despite nine months of military rule and being declared illegal, the notorious casinos of Laukkai are still thriving in the conflict-torn region on the border with China. In their crisp uniforms, the hundreds of young men and women who work as croupiers have become a well-recognised symbol of the town. Police officers of the Kokang […]

War freezes Kokang econ zone

The Kokang economic zone, located at the epicentre of the heavy fighting that broke out in February near the Chinese border, is undamaged but unlikely to come into operation any time soon, local officials said yesterday. U Kyaw Swe, the secretary of the Kokang self-administered region, told The Myanmar Times that access to the zone […]