Shwe Thanlwin

Shwe Thanlwin Company (Burmese: ရွှေသံလွင်ကုမ္ပဏီ) is a major Burmese company, which imports a large number of motor vehicles, construction goods and heavy machinery into Myanmar. [1] It was founded by Kyaw Win, a close associate of Kyaw Hsan, a former military general,[2] and enjoyed an exclusive business relationship with the Ministry of Industry in the 2000s.[1]

Shwe Than Lwin Company
Native name
ရွှေသံလွင်ကုမ္ပဏီ
Conglomerate
Industry
  • Transportation
  • Broadcasting / Media
  • Internet services
  • Hotels
  • Construction
FoundedJanuary 1998 (1998-01)
HeadquartersBothataung Township,
Yangon
,
Myanmar
OwnerKyaw Win
Subsidiaries
  • Shwe Thanlwin Media
  • Shwe Rural and Urban Development Bank
  • Shwe Trading
  • Shwe Thanlwin Highway Co Ltd
  • Thanlwin Ayeyar Gems Co Ltd
Websitewww.skynetdth.com

Shwe Than Lwin is one of the few companies allowed to import coconut cooking oil and cement and agricultural projects in Irrawaddy division and is the sole distributor of tires from Thaton Tire Industry, which is under the Ministry of Industry (2). Following Cyclone Nargis, Shwe Thanlwin was one of the companies awarded contracts by the State Peace and Development Council for reconstruction work in the Ayeyarwady delta region, including low-cost homes for refugees.[3][4] Shwe Thanlwin owns Sky Net, a satellite television channel, through Shwe Thanlwin Media, which was launched on 6 October 2010.[5][6] Shwe Thanlwin also maintains the Bago-Nyaunglebin portion of the National Highway 1 (Burma).[7]

In 2014, the Central Bank of Myanmar issued a license to Shwe Rural and Urban Development Bank, which is a subsidiary of Shwe Thanlwin.[8]

References
  1. "Burmese Tycoons Part II". The Irrawaddy. July 2000. Retrieved 11 July 2015.
  2. Sandar Lwin (29 September 2014). "Minister insists broadcast sector has full media freedom". Myanmar Times. Retrieved 11 July 2015.
  3. Saw Yan Naing (16 July 2008). "Nargis Refugees Offered Low-cost Housing". The Irrawaddy. Retrieved 11 July 2015.
  4. "Regime Cronies Win Reconstruction Contracts". The Irrawaddy. June 2008. Retrieved 11 July 2015.
  5. Nilar Win (11 October 2010). "Media firm introduces satellite TV, internet and phone services". Myanmar Times. Retrieved 11 July 2015.
  6. Boot, William (18 September 2013). "Investors in Burma Telecom Sector Face 'Corrupt, Crony Practices': Report". The Irrawaddy. Retrieved 11 July 2015.
  7. "Rangoon-Mandalay highway toll tax doubled". Mizzima. 5 November 2009. Retrieved 11 July 2015.
  8. "Shwe Thanlwin awarded banking licence". Eleven Myanmar. 14 September 2014. Retrieved 11 July 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.