Unregulated and untaxed: Casino on Thai border Thrives

When we arrive at the Border Guard Force checkpoint, security guards look us up and down, then ask if we are coming to the casino. It’s 8pm. We nod and are allowed in. The 24-hour 999 casino is located on the bank of Kayin State’s Thaung Yin river that separates Myanmar and Thailand, dividing Myawaddy […]

Myanmar conglomerate asks Singapore court to enforce F&N brewery stake sale

SINGAPORE — A Myanmar conglomerate has asked Singapore High Court to order food and drink company Fraser and Neave Limited (F&N) to transfer its 55 per cent stake in Myanmar’s biggest brewery to the Myanmar firm by Aug 20 in a dispute over a deal dating back to 2013 over the holding’s value. Government-backed Myanmar […]