Firm accused of cheating investors changes name, stays in business

The Malaysian-owned company that swindled millions of dollars from local investors has changed its name and is now being run by two Myanmar people, U Kyaw Swa Hein, a former director of the firm has told the media. The owners of Myanmar Junwell Global Co. Ltd – Loh Yun Poh, alias Mr. Alan, Wong Jyh […]

Government grants land concessions for local hotel projects

Myanmar Investment Commission has granted land concessions to two local companies to invest in hotel businesses in Mandalay Region – including the historic Bagan site – in the latest move to encourage local enterprises to invest in the hotel and tourism sector. Win & Win Company was granted concession for 17 acres in Amarapura Township […]