Burmese Finance And About The Image On Money (Kyat)
Around 1987, there used to be an important image of an uprising in the history of Myanmar finance behind the image of an oil field worker on the back of the 45 kyat printed by the Union of Myanmar Bank.
On the front of the 45 kyat bill, the image of “Thakhin Po Hla Kyi” who led this important uprising was printed.
Myanmar’s oil production has been developing since the colonial era, so it has a long history.
According to historical records, evidence shows that eight percent of the world’s oil production in the British colony came from Myanmar.
Oil has been extracted in Myanmar since before crude oil was discovered in the Middle East region, which produces the most oil in the world.
In 1885, the British government established the BOC Company and carried out large-scale oil drilling operations in the canyons and oil creeks.
The 1,300th oilfield workers’ strike occurred due to the oppressive policies of the English white-faced workers, and the oilfield workers marched on foot to Yangon, which is more than 400 miles away from the city of Kayak, amid the suppression of the English white-faced poles.
(It was called the 1300th Uprising in Burmese history because it appeared in 1300 AD)
The person who led the oil field strike was Mr. Po Hla Kyi. When the strike force arrived in Magwe, Thakhin Po Hla Kyi was arrested by the British troops….
On December 24, when the strike force arrived in Natalin, Lord Po Hla Kyi was released and continued to lead the strike force. The strike forces named Lord Po Hlakyi as “Alava vaka”.
The oil field strike led by Mr. Po Hla Gyi was not successful, but it was considered as one of the first and largest mass mobilizations in the history of Burma against imperialist colonialism and labor rights.