BUSINESS – Rangoon train fees to be doubled

Myanmar Railways Enterprise says it plans to double the price of tickets on Rangoon trains. According to an official from Rangoon regional office, the current round-trip fee of 100 kyat (US$0.10) will soon become 200 kyat. He said that the hike was because Myanmar Railways was running at a loss. He said income was 8 million kyat daily but the cost of diesel alone was 9 million kyat every day.