Economy Archives - Karen News

Increased Farming Costs Major Challenge for Delta Farmers – UN Predicts Nationwide Economic Failure Pushes 25 Million into Poverty

January 27, 2022

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Photo of Increased Farming Costs Major Challenge for Delta Farmers – UN Predicts Nationwide Economic Failure Pushes 25 Million into Poverty

The farmer explained to Karen News the recent increase in costs associated with farming is creating hardship – fuel costs have tripled. “Price have increased a lot in recent days. Fuel is now more than 7,000 kyats (about USD$ 4) a gallon. Before, we could use 2,000 Kyat (about USD$ 1.5) worth of fuel for the whole day. Now, we…

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State Administration Council Destroys Economy – Kyat Crashes… Rice, Food and Fuel Costs Skyrocket

October 4, 2021

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Photo of State Administration Council Destroys Economy – Kyat Crashes… Rice, Food and Fuel Costs Skyrocket

During the last week of September, money exchanges offered 2,700 Kyat to the US dollar compared to 1,695 on the 1st September. The local currency began falling immediately after the military launched its coup against the democratically elected government on 1st February. When the military-appointed State Administration Council took control of the country, the Kyat traded at 1,395 to the…

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Human Rights Watch: World Bank Must Do More to Pressure Burma over Ongoing Abuses

October 7, 2014

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Photo of Human Rights Watch: World Bank Must Do More to Pressure Burma over Ongoing Abuses

Human Rights Watch has called on the World Bank Group to pressure Burma’s government to stop ongoing human rights abuses. The New York based human rights organisation acknowledged that Burma had undergone significant reforms since a flawed 2011 election propelled a nominally civilian government into power, led by President and ex-general U Thein Sein. Yet HRW also warned that despite…

Economy

Increased Farming Costs Major Challenge for Delta Farmers – UN Predicts Nationwide Economic Failure Pushes 25 Million into Poverty

State Administration Council Destroys Economy – Kyat Crashes… Rice, Food and Fuel Costs Skyrocket

Human Rights Watch: World Bank Must Do More to Pressure Burma over Ongoing Abuses

Karen State’s Unreliable Power Supply Forces Firewood, Charcoal, and Candle Prices to Skyrocket – Garment Factories Owners Expect Huge Losses and Cancelled Orders

Angry Families Quarrel with Senior Burma Army Officers Over Mis-information Frontline Soldiers Killed in Battle were ‘Missing’ Not Dead

Kyarinnseikgyi Teacher Opposed to Coup, Sentenced to 17 Years-in Jail with Hard Labor

Karen State Students Registrations for Matriculation Exams Reduced by Two-Thirds

Protesters demand the US and China Chiang Mai consulates do more to end Kachin conflict

KNU Releases Guidelines for News Reporting in Controlled Territories

KNU/KNLA Plan to Defeat Last Junta Soldiers at Friendship Bridge 2 Delayed

Myawaddy Friendship Bridge No. 1 Temporarily Shuts Down Except for Passport, Visa Holders and Patients

Fighting continues in Kyainseikgyi, causing civilian casualties by junta artillery strikes

Displaced people fleeing war in Karenni state urgently need medicine

Grave Concerns for Disappeared Ethnic Karen Activist

The Tragedy of IDP Mother in Leiktho Gives Birth to Quadruplets Miraculously Two Babies Survive but Mother Dies During Childbirth

Karen Environmental Leader Explains the Salween Peace Park and Wild-life Conservation Zone has the lowest incidence of wildfire incidents causing annual smog and toxic on both sides of the Thai-Myanmar border

War-Displaced Population Surges to Over 50,000 in Two Weeks Across 4 States and Regions

State Administration Council Continues to Order Air Strikes, Ground Attacks Causing Increased Displacement and Civilian Deaths

Burma Army Offensive Attacks in Central Karen State Displaces Another 10,000 Villagers – Total Displaced Now Estimated at 144,000

KNU: Burma Army Militarization Forces Karen to Flee Villages – Government Used National Ceasefire Agreement to Increase its Troops in Brigades 5 and 7