Targeted Myanmar tycoon may profit from US sanctions changes

YANGON, May 18 (Reuters) – Standing among the party seeing off Myanmar’s new president as he left for Russia on Wednesday was leading businessman Htun Myint Naing, better known as Steven Law. Only the day before, the United States had added six of his companies to the Treasury’s blacklist, a move that is unlikely to […]

Glittering year for Myanmar’s golden pagoda

As he smooths a gold plaque on the glistening flank of Myanmar’s most prestigious Buddhist pagoda, a merchant pays his ancestors the highest honour — and contributes to a bumper year of donations to re-gild the sacred site. The Shwedagon Pagoda, which rises in a stately conical tower above downtown Yangon, has been at the […]

In Myanmar, Sailing in the Wake of Kipling and Orwell

ON THE IRRAWADDY RIVER, Myanmar — When Daniel and Susy Florens booked a five-star honeymoon with stops in some of Asia’s premier luxury destinations, Myanmar seemed like just another stop on the itinerary. They had agreed to take a five-day cruise along the Irrawaddy River on the recommendation of a trusted travel agent. But as […]

Myanmar to preserve buildings of the British Raj

A flurry of interest in preserving Myanmar’s colonial-era architecture has won the support of the government, highlighting both the lure of foreign investment and a readiness to reconnect with its past. Before it was subjected to more than 40 years of military rule, Yangon was a cosmopolitan port city and one of the great trading […]