Chinese organizations donate school materials to Myanmar's school

STORY: Chinese organization donates school materials to Myanmar's school SHOOTING TIME: Jan. 16, 2024 DATELINE: Jan. 16, 2024 LENGTH: 00:01:34 LOCATION: YANGON, Myanmar CATEGORY: SOCIETY/EDUCATION SHOTLIST: 1. various of the donation ceremony STORYLINE: The China Foundation for Peace and Development and Myanmar-China Exchange and Cooperation Association donated school materials to Practicing Middle School, Yankin Education Degree College in Yangon on Tuesday. During the donation ceremony, on behalf of the two organizations, the secretary-general of the China Foundation for Peace and Development Xu Jianguo handed over the stationary items, LED light bulbs, sports equipment, which are worth 10 million kyats (about 4,762 U.S. dollars). About 150 people attended the ceremony, including representatives from a number of Chinese and Myanmar civil organizations, volunteers from the Yangon University of Foreign Languages, and teachers and students from Myanmar's international schools. Xinhua News Agency cor

Myanmar farmers have high hopes for monsoon harvest

STORY: Myanmar farmers have high hopes for monsoon harvest DATELINE: July 14, 2023 LENGTH: 00:02:31 LOCATION: YANGON, Myanmar CATEGORY: AGRICULTURE SHOTLIST: 1. various of farmers working in the field in the Bago Region 2. various of farmers planting paddy seedlings in Yangon STORYLINE: Motivated by a significant increase in profits from last year's harvest, Myanmar rice farmers began to prepare for growing paddy in rain-fed fields in July. According to farmers, the paddy price reached approximately 1.6 million kyats per 100 baskets (4,600 pounds), compared to around 600,000 kyats per 100 baskets recorded in the same period of the previous year. Meanwhile, farmers are also expected to benefit from lower costs as this year's rice plantation season came with decreased input prices. The price of diesel fuel for agricultural machinery has decreased to 8,000 kyats per gallon, a drop from the 12,000 kyats recorded last year, while fertilizer prices have declined from over 100,000 kyats to 80,000 k

Myanmar's poultry business suffers broken rice price hike

STORY: Myanmar's poultry business suffers broken rice price hike DATELINE: March 4, 2023 LENGTH: 00:04:09 LOCATION: YANGON, Myanmar CATEGORY: ECONOMY SHOTLIST: 1. various of the duck farm in Taikkyi township of Yangon region 2. various of ducks in the fields STORYLINE: Burmese layer ducks farm owners face loss due to the rocketing feed price. The fishery sector is also facing the burden of high feed costs. Entrepreneurs have requested government efforts on the price stability of raw materials. Layer ducks farm owner Ko Naing from Yangon Region put his ducks up for sale at 5,000 kyats (about 2.38 U.S. dollars) per head for an outright sale. "The feed cost is exorbitantly high. The price of broken rice as animal feed went up 33 percent. Besides, the production rate has declined," he said. "The quality of the feed is changed to an inferior state. Although the layer ducks fed well, the egg production plunged compared to the previous record," added another duck farmer Ko Kyaw Swar. Meanwhile, the price of d

Yangon banks hit by rush of withdrawals

Yangon banks hit by rush of withdrawals

YANGON, Myanmar - People queue outside a Yangon bank Feb. 18 to withdraw their deposits after 20 private banks decided to limit withdrawals to 200,000 kyats ($32,200), down from a limit of 500,000 kyats the previous week. The rush on the banks began with the collapse of some private financial services groups operating outside government financial regulations, which triggered rumors the banks were at risk as well.

MYANMAR-YANGON-CURRENCY CONVERSION ORDER-RELAXING

MYANMAR-YANGON-CURRENCY CONVERSION ORDER-RELAXING

(220806) -- YANGON, Aug. 6, 2022 (Xinhua) -- A man rides near a port in Yangon, Myanmar, Aug. 6, 2022. The Central Bank of Myanmar (CBM) has relaxed its foreign currency conversion order, allowing exporters to compulsorily convert only 65 percent of their earnings into kyats. (Photo by Myo Kyaw Soe/Xinhua)

MYANMAR-YANGON-CURRENCY CONVERSION ORDER-RELAXING

MYANMAR-YANGON-CURRENCY CONVERSION ORDER-RELAXING

(220806) -- YANGON, Aug. 6, 2022 (Xinhua) -- Photo taken on Aug. 6, 2022 shows a view of the Sule Terminal area in Yangon, Myanmar. The Central Bank of Myanmar (CBM) has relaxed its foreign currency conversion order, allowing exporters to compulsorily convert only 65 percent of their earnings into kyats. (Photo by Myo Kyaw Soe/Xinhua)

Chinese embassy in Myanmar makes donation to school for deaf

STORY: Chinese embassy in Myanmar makes donation to school for deaf DATELINE: June 29, 2022 LENGTH: 00:01:23 LOCATION: YANGON, Myanmar CATEGORY: POLITICS SHOTLIST: 1. various of the Mary Chapman School for the Deaf 2. various of the ceremony STORYLINE: The launching ceremony of the Year 2022 Donation Project to Mary Chapman School for the Deaf was held on Tuesday in Myanmar. Addressing the ceremony, Zheng Zhihong, minister counsellor of the Chinese Embassy in Myanmar, said the embassy will provide more than 20 million kyats (10,810 U.S. dollars) worth of daily food supplies to the school this year. He also pledged that the embassy will continue to join hands with caring people from all walks of life in Myanmar to share love and support for the children of Mary Chapman school and to Myanmar's social welfare cause. Daw Khin Thida Nyunt, principal of Mary Chapman School for Deaf expressed thanks to the Chinese embassy for donating the needed things for the school. Since 2018, the school has been rec

Myanmar burns seized drugs in 3 cities to mark world drug day

STORY: Myanmar burns seized drugs in 3 cities to mark world drug day DATELINE: June 27, 2022 LENGTH: 00:05:00 LOCATION: YANGON, Myanmar CATEGORY: SOCIETY SHOTLIST: 1. various of the burning of drugs STORYLINE: Myanmar ceremonially burnt seized narcotic drugs in the cities of Yangon, Mandalay and Taunggyi on Sunday, marking the International Day against Drug Abuse and Illicit Trafficking. In Yangon, 33 kinds of narcotic drugs and precursor chemicals worth over 356.68 billion kyats (192.6 million U.S. dollars), which were seized in the lower part of Myanmar, were destroyed on Sunday morning. The destroyed drugs included heroin, cannabis, stimulant, methamphetamine and ecstasy among others in connection with 5,914 drug cases. In Mandalay, 25 kinds of narcotic drugs and chemicals worth over 316.77 billion kyats (171 million U.S. dollars) were destroyed. In Taunggyi, 58 kinds of narcotic drugs worth over 515.36 billion kyats (278.3 million U.S. dollars) were burnt on Sunday. Home Affairs Minister Lieutenan

Yangon banks hit by rush of withdrawals

Yangon banks hit by rush of withdrawals

YANGON, Myanmar - People queue outside a Yangon bank Feb. 18 to withdraw their deposits after 20 private banks decided to limit withdrawals to 200,000 kyats ($32,200), down from a limit of 500,000 kyats the previous week. The rush on the banks began with the collapse of some private financial services groups operating outside government financial regulations, which triggered rumors the banks were at risk as well. (Kyodo)