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Kyat slumps amid uncertainty over claims of record low
Myanmar Times, Published on 19/12/2016
» YANGON - While economic analysts argue over whether the weakening kyat is a preventable blight on the economy or a natural by-product of global macroeconomic conditions, a second question has arisen – how to tell if the currency is actually at record lows against the US dollar.
Myanmar suspends auto imports in response to year-end rush
Myanmar Times, Published on 20/12/2016
» YANGON - The Ministry of Commerce has suspended almost all car imports in response to a surge of people eager to purchase soon-to-be-restricted models in the hope of selling them at inflated prices next year, Union Minister Than Myint said.