The NLD and a new dawn for old business

The past few days have been filled with casualties, as moguls hoping to re-take their seats in Nay Pyi Taw are expelled in favour of new faces. Some of the biggest names in business under the former regime – Yuzana Company’s U Htay Myint, Zaykabar’s U Khin Shwe, U Yan Win of A1 Group of […]

Mandalay jade traders say worst year ‘ever’ for sales

Jade traders in Mandalay say this could be the worst year ever for business. The main cause they cite is the absence of Chinese buyers, possibly nervous about the outcome of next month’s election. In interviews on October 25 at the Maha Aung Myay Gem Trading Centre, one trader after another bemoaned their current lot. […]