IT firm denies ex-minister’s claims

RedLink, a data communications service provider, has spoken out against comments made by the former information minister Ye Htut regarding tax evasion. It denied Ye Htut’s accusations saying the firm was of good standing and was listed three years in a row for paying extremely high levels of tax. RedLink added that Ye Htut’s claims […]

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 […]

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 […]