Myanmar party chief’s ouster rocks his family businesses

YANGON — The dismissal of the head of Myanmar’s ruling party is creating a stir in business circles, threatening the future of companies run by his relatives. RedLink Communications is a top player in Myanmar’s rapidly expanding Internet service business, boasting the largest share. Hopes were growing that the company would go public on the […]

From General to Politician: A Conversation with Shwe Mann

Shwe Mann was once one of Burma’s most powerful generals, ranking third in the hierarchy of the State Peace and Development Council (SPDC), the military regime that ruled until 2011; today, he is the speaker of the Union Parliament, and a key player in the country’s ongoing political transition. Until Thein Sein was named president, […]

Businesses Bid for Tourist Exploitation of Historic Mandalay Palace

Mandalay Division’s government said it is privatizing the tourist exploitation of the historic Mandalay Palace complex, the abode of Burma’s last kings, the Konbaung Dynasty. In August, several firms were invited to submit a tender to manage commercial exploitation and ticket sales at the famed Mandalay Palace complex, said Nyo Myint Tun, a supervisor of […]