Headline News

Dismissal of workers and wages are the two key factors workers and employers can’t agree on, in the long running discussions on the employment contract. After a series of negotiations, which began two years ago, employers and employees in Myanmar’s manufacturing sector still have not reached to an agreement on the Employment Contract, which is required by the law. 

Students, parents and teachers celebrated the International Day at the International School Yangon (ISY), Saturday.International Day was born on 1994, due to the need for a greater cultural understanding amongst students in response to the ever increasing diversity of countries and cultures. 

Officials from the Myanmar Rice Federation urged the new government to secure reserve rice because of El Nino this year.

Shortage of water and rising temperature will have negative impacts on agriculture. Last year, the massive floods that hit the 12 states and regions had devastating effects on agriculture and aquaculture production. The federation argues that this year might see another form of unusual weather condition, and urged officials to learn from the past and be prepared this time.  

South Africa’s Shaun Norris kept pace with India’s S.S.P. Chawrasia to share the lead in the second round of the 750,000 USD Leopalace 21Myanmar Open yesterday. Both men carded a 66 in the second day of the tournament, sanctioned by the Asian Tour and Japan Golf Tour Organisation (JGTO) and tipped by organisers as the country's richest sporting event.

Russian punk band Pussy Riot released a new protest song mocking a senior official for alleged corruption. The satirical song and accompanying video take aim at prosecutor general Yury Chaika, whose two sons have been accused of using their father's position to accrue large fortunes. Chaika himself has rubbished the allegations, which he said were an attempt by the US secret services to tarnish Moscow's credibility.

Currency Exchange

  • 1 USD
    1,270.0 Kyats
  • 1 EUR
    1,422.6 Kyats
  • 1 SGD
    907.99 Kyats
Updated on: 10:37AM, February 05 2016
Data by Myanmar Central Bank