Shwe Thanlwin

Shwe Thanlwin Company
Native name
ဧရာရွှေဝါကုမ္ပဏီ
Founded January 1998 (1998-01)
Headquarters Bahan Township, Yangon, Myanmar
Owner Kyaw Win
Subsidiaries Shwe Thanlwin Media
Shwe Rural and Urban Development Bank
Shwe Trading
Global Telephone Co Ltd
Shwe Thanlwin Highway Co Ltd
Thanlwin Ayeyar Gems Co Ltd
Website aysw.com.mm

Shwe Thanlwin Company (Burmese: ရွှေသံလွင်ကုမ္ပဏီ) is a major Burmese company.[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]

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. 1 2 "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.
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