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Headline News

The tram running along Strand Road from War Dan to Linsadaung is going to be stopped soon, as the project seems not much supportive to ease traffic congestion and transportation, according to Myanma Railways.

The tram which started operating in January is supposed to stop on July 1st as it only earns about 4500 kyats per day while it cost 15,000 kyat a day, according to General Manager, U Htun Aung Thin.

Hundreds turn out in London to protest Britain's decision to leave the European Union but Germany's Chancellor said she sees no way back. Paul Chapman from Reuters reports. Reporter, Reuters, Paul Chapman <<< Britain's referendum that resulted in a decision to leave the European Union has caused massive rifts between those who wanted out and those who wanted to stay. This rally in London to protest the 'Leave' vote of more than 51 per cent drew hundreds in support.

Located in Mon State, Kyeik Htee Yoe Pagoda is one of the tourists destinations in Myanmar and nearly 2 million people visit there annually to pay homage the prominent Pagoda and feel breathtaking scenery of the mountain sea. 

But, criticisms against hotel rooms, sanitation and environmental conservation come out from the pilgrims. 15 hotels and 654 rooms were constructed in the area of 80.94 acre in the vicinity of Kyeik Htee Yoe Pagoda up to May, 2016.

US Republican presidential candidate Donald Trump opened his campaign speech in St. Clairsville, Ohio on Tuesday with a response to the attack on Istanbul's main international airport. At least 36 people were killed and scores wounded in the attack on Turkey's Istanbul's Ataturk Airport on Tuesday. REPUBLICAN PRESIDENTIAL CANDIDATE, DONALD TRUMP <<< "You know I wanted to talk to you about a few things and then as you know we had another suicide bombing - Istanbul, Turkey - many, many people killed, many, many people injured.

A recent trade survey on Myanmar shows that rapid trade growth could be a help to reduce poverty in the country and boost shared prosperity. 

The report jointly conducted by the Ministry of Commerce and the World Bank Group provides a roadmap for mainstreaming trade and competitiveness in Myanmar. 

It highlights that a shift way from an over-dependence on natural resources is one of the key points to success.

Currency Exchange

  • 1 USD
    1,182.0 Kyats
  • 1 EUR
    1,308.9 Kyats
  • 1 SGD
    873.07 Kyats
Updated on: 10:38AM, June 29 2016
Data by Myanmar Central Bank

Weather

Yangon

Few clouds
  • Few clouds
  • Temperature: 27 °C
  • Wind: Southwest, 13 km/h
  • Pressure: 1008 hPa
  • Rel. Humidity: 89 %
  • Visibility: 7 km
Reported on:
Wed, 2016-06-29 21:30