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Aik Htun: Driver turned Tycoon

For the owner of a business of any size, integrity is key. This is the principle that has brought U Aik Htun, one of the richest businessmen in Myanmar, through ups and downs. “The biggest secret of success is honesty and integrity,” said U Aik Htun, chair of conglomerate Shwe Taung Group, speaking in fluent […]

Government, Entrepreneurs Cooperate to Develop Gems and Jewelry Market

The government will work together with local jewelers to raise interest and create a market for processed Myanmar gemstones and jewelry made locally, U Phyo Min Thein, Chief Minister of the Yangon Region Government, said during the opening ceremony of the Yangon International Gems and Jewelry Fair. The inaugural fair, which was held between January […]

Grab Partners Shwe Taung to Launch Taxi Terminals

Ride-hailing company Grab will cooperate with Shwe Taung Real Estate to provide Grab taxi terminals at the developer’s shopping centers and office blocks to further expand its presence in Yangon. For Grab, the aim is to make it easier for visitors to Shwe Taung properties, which include malls and office buildings, to book and catch […]

Keppel Land to jointly develop Yangon serviced residences

KEPPEL Land on Wednesday said that it has signed a conditional joint venture agreement with Burmese conglomerate Shwe Taung Group to develop premium serviced residences and offices in the next phase of Junction City. This is a mixed-use development in Yangon’s central business district. Keppel Land’s investment in this next phase will be about US$48.6 […]

Keppel Land builds up Myanmar presence with expansions

Keppel Land is strengthening its hotel and commercial portfolio in Yangon, Myanmar’s rapidly developing leading city. The Singapore-listed property firm yesterday held a topping-off ceremony for its joint venture project, Junction City Tower, which is being developed jointly with Myanmar-based construction company Shwe Taung Group. Keppel Land holds 40 per cent of the project with […]