Dollar and euro rise in Yangon

Dollar and euro rise in this week in Yangon verus Myanmar currency kyat in illegal market, after the government fuel price change in August 15 said the local importer who live in Yangon.
In Yangon ,government is still using 1 dollar equivalent to 6 kyats,instead of the real exchange rate 1200 kyats.
Dollar,one of the popular hard currency in Yangon,It had been 1200 for several months in this year after taking action on illegal money transfer hondi player.
" dollar rose from 1200 kyats to 1350 kyats in last two days ago ,it is one of the remarkable exchange rate in this years, export earning that allowed to transfer from own account go up above 1405 kyats "
Myanmar currency kyat fell in illegal market against the yen and euro in Myanmar -china border area that he added.
There is double exchange rate in Yangon offically and illegal ly,The dollar often moves based on trader views about economic factors like the size of the Government trade deficit or the outlook for economic growth. By those measures it seems destined to fall, as it was doing until a few weeks ago.

NEW domestic AIR FARE FROM YANGON TO

YANGON- MANDALAY 65000K adult 48570K child
YANGON-NYAUNG U 53000K adult 39750K child
YANGON-HEHO 53000Kadult 39750
YANGON-THANDWE 65000 adult 48750
YANGON-TACHILEIK 112000adult 84000
YANGON-KYAING TONG 112000 adult 84000
YANGON-DAWEI 52000 adult 39000
YANGON-MYEIK 79000 adult 59250
YANGON-KAWAUNG 11200 adult 84000

domestic air lines raise the new air fare

Yangon august 30
The three private domestic air lines in Yangon will raise the same local air fare charges, nearly 25 percent form at coming 01 September 2007 and onwards said sun far travel agent ,one of the big ticketing company in Myanmar.
Including air bagan one of the famous air line in Myanmar ,air Mandalay and yangonairways raise the same fare prices at same destination.
The new prices for each destination is round about 15000 kyats higher than the old prices and the highest price is between Yangon and Myitkyina that equivalent to 120000 kyats.
before that situation,The domestic air fare charges were different individually.

Over ten thousands acres of fish and shrimp farms are still under water in Burma
Yangon august 26
Over ten thousands acres of fish and shrimp farms are still under water in Burma, Yangon ,Irrawaddy and Pegu division area which is situated lower part of Burma,many of fish and shrimp farms were flooded that area, said U Htay myint (yuzana) chairman of the Myanmar fishery federation(MFF) .

“ It is more than 10 thousands acres of fish and shrimp farms which was destroyed”. He said at the MFF formal meeting at Yangon.

There is not detail information for that damage but the latest report from fresh Myanmar shrimps farm association confirmed that 6440 acres of shrimp farms are already destroyed by river water.

" three islands that has a lot of fish and shrimp farms near the Nyaung done is still under water ,we asked for aid to government but we suffered up till now" said 300 acres fish farms owner who was doing business in that area.

The water level has still 3 feet above the fish farms, so what we are thinking is to give up for this business, he added.

It has been started at 2004 monsoon season but it happened again the region .Flood waters are slowly receding as the low pressure system that overwhelmed the region moves to the Irrawaddy river.

detain more than 5o people

Goverment has detained more than 50 activists who protested fuel-price hikes, a state-controlled newspaper reported Saturday, in a campaign to snuff out increasingly daring demostartion.