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Searching for Tycoon Lim Chin Tsong

Stories abound about the tycoon who built a Chinese-style mansion in Yangon. One involves a hidden printing press, counterfeit British pounds and an American honey trap. By JEREMY BURNS | FRONTIER LAST YEAR a random coincidence led me to discover and explore the dilapidated, semi-ruined building that was once the grandest mansion in Yangon, Chin […]

Myanmar energy firm plans $35m investment

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

FMI, LSC to Develop $24-m High-end Property in Capital

First Myanmar Investment Co Ltd (FMI) and Lighting Specialist Co Ltd (LSC) have struck a joint venture deal to develop a high-end property in the country’s capital Naypyitaw. At a total cost of approximately $24 million, construction of KrisPlaza is scheduled to start in early 2015 with completion earmarked for the third quarter of 2016, […]