Burmese days: Yangon monuments to the rare Chinese who made their fortunes in colonial era

Lim Chin Tsong was one of the few Chinese migrants to succeed in colonial-era Burma, now Myanmar – which the British incorporated into its much bigger possession, India, and where Chinese were subordinate to Indians, in contrast to their status in other Southeast Asian cities. “Unlike the Chinese in Thailand, Malaysia, Indonesia and the Philippines, […]

Stock With Momentum: SHL Consolidated

SHL Consolidated Bhd (-ve) SHARES in SHL Consolidated Bhd (fundamental: 1.65/3, valuation: 2.4/3) triggered our momentum algorithm yesterday for the first time this year. The counter closed down two sen or 0.7% at RM2.82 yesterday, after 53,100 shares were traded, compared with its 200-day average volume of 12,602 shares. SHL’s joint-venture company (JVco) with Japan-based […]

SHL Eyes Myanmar Affordable Housing Market

KUALA LUMPUR (Aug 24): SHL Consolidated Bhd’s joint venture (JV) with Japan-based Marubeni Corp is looking at tapping into Myanmar’s affordable housing market, in line with their business venture across the Association of Southeast Asian Nations (Asean) region. SHL executive director Datuk Seri Yap Chong Lee said the JV planned to leverage areas where Marubeni […]

History needs Help

Preservation advocates face uphill struggle to save colonial buildings amid the development boom in Myanmar’s biggest city. Settled between the green warehouses of Yangon’s Jetty Wharf, the historic colonial-era Keighley Street Goods Office of Burma Railways is in disrepair. Originally constructed in the 1880s with an attached rail line, the once-bustling depot was an important […]