Shwe Thanlwin Explained

Shwe Than Lwin Company
Native Name Lang:my
Type:Conglomerate
Industry:
  • Transportation
  • Broadcasting / Media
  • Internet services
  • Hotels
  • Construction
Hq Location:Botataung Township
Hq Location City:Yangon
Hq Location Country:Myanmar
Areas Served:-->
Owner:U Kyaw Win
Subsid:
  • Shwe Thanlwin Media
  • Shwe Rural and Urban Development Bank
  • Shwe Trading
  • Shwe Thanlwin Highway Co Ltd
  • Thanlwin Ayeyar Gems Co Ltd

Shwe Thanlwin Company (Burmese: ရွှေသံလွင်ကုမ္ပဏီ) is one of the major companies in Myanmar, 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 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]

Notes and References

  1. News: Burmese Tycoons Part II. July 2000. The Irrawaddy. 11 July 2015. 11 July 2015. https://web.archive.org/web/20150711233603/http://www2.irrawaddy.org/article.php?art_id=1924. live.
  2. News: Minister insists broadcast sector has full media freedom. Sandar Lwin. 29 September 2014. Myanmar Times. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712193050/http://www.mmtimes.com/index.php/national-news/11796-minister-insists-broadcast-sector-has-full-media-freedom.html. live.
  3. News: Nargis Refugees Offered Low-cost Housing. Saw Yan Naing. 16 July 2008. The Irrawaddy. 11 July 2015. 11 July 2015. https://web.archive.org/web/20150711221443/http://www2.irrawaddy.org/article.php?art_id=13365. live.
  4. News: Regime Cronies Win Reconstruction Contracts. June 2008. The Irrawaddy. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712023701/http://www2.irrawaddy.org/print_article.php?art_id=12586. live.
  5. News: Media firm introduces satellite TV, internet and phone services. Nilar Win. 11 October 2010. Myanmar Times. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712230122/http://www.mmtimes.com/index.php/business/technology/4799-media-firm-introduces-satellite-tv-internet-and-phone-services.html. live.
  6. News: Investors in Burma Telecom Sector Face 'Corrupt, Crony Practices': Report. Boot. William. 18 September 2013. The Irrawaddy. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712000617/http://www.irrawaddy.org/investment/investors-burma-telecom-sector-face-corrupt-crony-practices-report.html. live.
  7. News: Rangoon-Mandalay highway toll tax doubled. 5 November 2009. Mizzima. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712022743/http://archive-2.mizzima.com/news/inside-burma/3010-rangoon-mandalay-highway-toll-tax-doubled.html. live.
  8. News: Shwe Thanlwin awarded banking licence. 14 September 2014. Eleven Myanmar. 11 July 2015. 12 July 2015. https://web.archive.org/web/20150712063848/http://consult-myanmar.com/2014/09/29/shwe-thanlwin-awarded-banking-licence/. live.

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