Mizzima awarded global JTI certificate for reliable news on Myanmar

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Mizzima Mizzima, one of Myanmar ’s most prominent news outlets and a press freedom advocate, obtained the Journalism Trust Initiative ( JTI ) certification from global audit firm Bureau Veritas , JTI says in a press statement 5 January.  Operating in clandestine mode within Myanmar and supported by an exiled team, Mizzima strives to fulfil its role as reliable source of news and information for the Myanmar public. “Your Journalism Trust Initiative certification affirms what audiences already know: that principled, transparent journalism matters. Congratulations on this achievement and on your continued contribution to informing citizens about Myanmar,” says Benjamin Sabbah , director of Journalism Trust Initiative “Myanmar’s ongoing conflict has created an intensely contested media landscape, where mis- and disinformation are increasingly deployed to reinforce state propaganda and the prevailing “official” narrative. Although Mizzima is already regarded as one of the most trusted ...
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Gold price at record level in Burma

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Wednesday, 19 September 2012 13:41 Mizzima News   

Since early this year, Burma’s gold prices have been rising, setting a new record of 794,000 kyats (US$ 900) per tical over the weekend, state-run media reported on Tuesday.

The Yangon Region Gold Entrepreneurs Association said that gold prices in the country could rise to 800,000 per tical soon.

Gold prices in Burma once stood below 500,000 kyats per tical in 2007.

Meanwhile, beginning in April, Myanmar's foreign exchange rate regime has moved from a peg of 8.5 kyats to the special drawing right to a managed floating exchange rate and the rate is quoted now at 880 kyats per US dollar, up from 818 kyats per US dollar when it was first applied.

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