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Eike Htun
Aik Htun ( my, အိုက်ထွန်း ; ; variously spelt Eik Tun, Eike Htun, and Aik Tun) is a Burmese businessman who is the managing director and vice chairman of the sister company of Olympic Construction Company, the Asia Wealth Bank, which was Burma's largest private bank until the banking crisis of 2003. Aik Htun was born on 10 October 1948 in Mongkai in the Southern Shan States, Burma, the eldest of six children. He moved to Rangoon in 1970 and secured a job as a driver working for Nyunt Tin, a green tea wholesaler and operating the Shan Brothers tea shop. In 1972, he bought a biscuit shop on 16th Street and had expanded into the border business by 1984. Aik Htun established Olympic Company in 1991 with 3 other investors. The company now has interests in automobiles, marine products, timber, real estate, property development and finance. Aik Htun also runs one of the country's largest construction businesses, the Olympic Construction Company, established in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shan State
Shan State ( my, ရှမ်းပြည်နယ်, ; shn, မိူင်းတႆး, italics=no) also known by the endonyms Shanland, Muang Tai, and Tailong, is a state of Myanmar. Shan State borders China (Yunnan) to the north, Laos ( Louang Namtha and Bokeo Provinces) to the east, and Thailand (Chiang Rai, Chiang Mai and Mae Hong Son Provinces) to the south, and five administrative divisions of Burma (Myanmar) in the west. The largest of the 14 administrative divisions by land area, Shan State covers 155,800 km2, almost a quarter of the total area of Myanmar. The state gets its name from Burmese name for the Tai peoples: "Shan people". The Tai (Shan) constitute the majority among several ethnic groups that inhabit the area. Shanland is largely rural, with only three cities of significant size: Lashio, Kengtung, and the capital, Taunggyi. Taunggyi is 150.7 km northeast of the nation's capital Naypyitaw. The Shan state, with many ethnic groups, is home to seve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burma
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: [ˈmjænmɑː, ˈbɜːmə]. So the pronunciation of the last syllable of Myanmar as [mɑːr] or of Burma as [bɜːrmə] by some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad a, broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olympic Construction Company
Shwe Taung Group of Companies ( my, ရွှေတောင်ကုမ္ပဏီအုပ်စု; Shwe Taung Group) is a Myanmar conglomerate. It has a large construction and engineering arm and is the parent company of a cement business in Myanmar. It also own Octagon International Service Trading which is the importer of machinery and construction vehicles. Shwe Taung Group was formerly known as Olympic Construction Company, and was renamed Shwe Taung Group in 2004 after the banking scandal, money laundering accusation and drug links against the affiliated Asia Wealth Bank by the US department of Treasury and the bank's subsequent sanction in 2003 by the US Government and closure by the Government of Myanmar. Suspected money laundering and drug links As recent as 2007, the US continue to suspect Shwe Taung Group (formerly Olympic Construction Group) of laundering drug money, as evident by the leaked US embassy cable exposed by wiki-leaks. Law enforcement agencies continu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asia Wealth Bank
Asia Wealth Bank ( my, အာရှဓနဘဏ်) was a Myanmar bank that was found to be of primary money laundering concern by the US Secretary of Treasury. The bank license was subsequently revoked by the Government of Myanmar in the banking crisis in 2003. The bank is a sister company of the former Olympic Construction Group which is renamed as Shwe Taung Group in 2004 after the banking scandal. The US Secretary of Treasury designated Asia Wealth Bank as financial institutions of primary money laundering concern and the department report notes that the Asia Wealth bank have been linked to narcotics trafficking organizations in Southeast Asia. This findings by the US treasury is only rescinded the against the bank in 2012 as the results of the revocation of the bank licenses by the government of Myanmar, not because of remedial actions by the bank. Directors Aik Htun ( my, အိုက်ထွန်း ; variously spelt Eik Tun, Eike Htun, and Aik Tun) is a prominent Burme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2003 Myanmar Banking Crisis
The 2003 banking crisis of Myanmar was a major bank run in private banking that hit Myanmar (Burma) in February 2003. It started with a decline in the trust for private financial institutions following the collapse of small financial enterprises and proliferating rumors about the liquidity of major private banks. Leading to a bank run on the Asia Wealth Bank, the crisis quickly spread to all major private banks in the country.Zaw Oo. "Throwing Good Money After Bad: Banking Crisis in Burma". Burma Fund Policy Brief 3. Washington, D.C.: The Burma Fund, 2003. It led to severe liquidity problems for private banks and scarcity of the kyat. Though exact data is not available, it is believed that the crisis caused major economic hardship for many in Myanmar. Background Myanmar's banking system had been in a process of transition in the period leading up to the crisis. From the 1962 overthrow of the government by General Ne Win until 1990, state institutions dominated the financial sect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern Shan States
Southern may refer to: Businesses * China Southern Airlines, airline based in Guangzhou, China * Southern Airways, defunct US airline * Southern Air, air cargo transportation company based in Norwalk, Connecticut, US * Southern Airways Express, Memphis-based passenger air transportation company, serving eight cities in the US * Southern Company, US electricity corporation * Southern Music (now Peermusic), US record label * Southern Railway (other), various railways * Southern Records, independent British record label * Southern Studios, recording studio in London, England * Southern Television, defunct UK television company * Southern (Govia Thameslink Railway), brand used for some train services in Southern England Media * ''Southern Daily'' or ''Nanfang Daily'', the official Communist Party newspaper based in Guangdong, China * ''Southern Weekly'', a newspaper in Guangzhou, China * Heart Sussex, a radio station in Sussex, England, previously known as "Southern FM" * 88. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangon
Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government relocated the administrative functions to the purpose-built capital city of Naypyidaw in north central Myanmar. With over 7 million people, Yangon is Myanmar's most populous city and its most important commercial centre. Yangon boasts the largest number of colonial-era buildings in Southeast Asia, and has a unique colonial-era urban core that is remarkably intact. The colonial-era commercial core is centered around the Sule Pagoda, which is reputed to be over 2,000 years old. The city is also home to the gilded Shwedagon Pagoda – Myanmar's most sacred and famous Buddhist pagoda. Yangon suffers from deeply inadequate infrastructure, especially compared to other major cities in Southeast Asia, such as Jakarta, Bangkok or Hanoi. Though ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Peace And Development Council
The State Peace and Development Council ( my, နိုင်ငံတော် အေးချမ်းသာယာရေး နှင့် ဖွံ့ဖြိုးရေး ကောင်စီ ; abbreviated SPDC or , ) was the official name of the military government of Burma (Myanmar) which, in 1997, succeeded the State Law and Order Restoration Council ( my, နိုင်ငံတော်ငြိမ်ဝပ်ပိပြားမှုတည်ဆောက်ရေးအဖွဲ့ that seized power under the rule of Saw Maung in 1988. On 30 March 2011, Senior General and Council Chairman Than Shwe signed a decree that officially dissolved the council. From 1988 to 1997, the junta was known as the State Law and Order Restoration Council ( my, နိုင်ငံတော် ငြိမ်ဝပ်ပိပြားမှု တည်ဆောက်ရေးအဖွဲ့, links=no; abbreviated SLORC or ), which had succeeded the Pyithu Hluttaw as a leg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shwe Taung Group
Shwe Taung Group of Companies ( my, ရွှေတောင်ကုမ္ပဏီအုပ်စု; Shwe Taung Group) is a Myanmar conglomerate. It has a large construction and engineering arm and is the parent company of a cement business in Myanmar. It also own Octagon International Service Trading which is the importer of machinery and construction vehicles. Shwe Taung Group was formerly known as Olympic Construction Company, and was renamed Shwe Taung Group in 2004 after the banking scandal, money laundering accusation and drug links against the affiliated Asia Wealth Bank by the US department of Treasury and the bank's subsequent sanction in 2003 by the US Government and closure by the Government of Myanmar. Suspected money laundering and drug links As recent as 2007, the US continue to suspect Shwe Taung Group (formerly Olympic Construction Group) of laundering drug money, as evident by the leaked US embassy cable exposed by wiki-leaks. Law enforcement agencies continu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burmese People Of Chinese Descent
Burmese may refer to: * Something of, from, or related to Myanmar, a country in Southeast Asia * Burmese people * Burmese language * Burmese alphabet * Burmese cuisine * Burmese culture Animals * Burmese cat * Burmese chicken * Burmese (horse), a horse given to Queen Elizabeth II * Burmese pony, a breed of horse * Burmese python See also * * :Burmese people * Bamar people, the majority ethnic group in Myanmar * Burmese English, the dialect of English spoken in Myanmar/Burma * Bernese (other) Bernese is the adjectival form for the canton of Bern or for Bern. Bernese may also refer to: * Bernese German, a Swiss German dialect of Alemannic origin generally spoken in the canton of Bern and its capital, and in some neighbouring regions * ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People From Shan State
A person ( : people) is a being that has certain capacities or attributes such as reason, morality, consciousness or self-consciousness, and being a part of a culturally established form of social relations such as kinship, ownership of property, or legal responsibility. The defining features of personhood and, consequently, what makes a person count as a person, differ widely among cultures and contexts. In addition to the question of personhood, of what makes a being count as a person to begin with, there are further questions about personal identity and self: both about what makes any particular person that particular person instead of another, and about what makes a person at one time the same person as they were or will be at another time despite any intervening changes. The plural form "people" is often used to refer to an entire nation or ethnic group (as in "a people"), and this was the original meaning of the word; it subsequently acquired its use as a plural form of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burmese Businesspeople
Burmese may refer to: * Something of, from, or related to Myanmar, a country in Southeast Asia * Burmese people * Burmese language * Burmese alphabet * Burmese cuisine * Burmese culture Animals * Burmese cat * Burmese chicken * Burmese (horse), a horse given to Queen Elizabeth II * Burmese pony, a breed of horse * Burmese python See also * * :Burmese people * Bamar people, the majority ethnic group in Myanmar * Burmese English, the dialect of English spoken in Myanmar/Burma * Bernese (other) Bernese is the adjectival form for the canton of Bern or for Bern. Bernese may also refer to: * Bernese German, a Swiss German dialect of Alemannic origin generally spoken in the canton of Bern and its capital, and in some neighbouring regions * ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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