MP asks to clarify profit sharing of Sky Net and Information Ministry

The Union Assembly MP Khaing Maung Yi asked the Ministry of Information to clarify the profit sharing between the ministry and the Shwe Than Lwin (STL Media)/Sky Net to the parliament and the tax that should be owned by the state. Khaing Maung Yi said “I would like to discuss about the Ministry of Information. […]

Banking – another business step of Shwe Than Lwin

The business empire under Shwe Than Lwin has proposed to open a financial institution, Shwe Rural and Urban Development Bank. In the application for commercial and investment banking license, Shwe Than Lwin said the initial investment capital would be Ks 10 billion, partly financed by the profit earnings from the sale Sky Net TV signal […]