Burmese economy worsens elephants crucial for timber industry to get foreign currency

As military-ruled Burma sinks deeper into economic stagnation, only the country's famed elephants may be assured of jobs. Eighty percent of Burma's 4,000 tame elephants work in the timber industry, moving 700,000 tons of teak and other precious wood for export, which annually brings in more than $300 million. As long as the country depends on the timber industry to get foreign currency, elephants will be crucial, U Aung Myint, an official of a government-owned timber company, recently told the M...

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