Burma’s richest citizens are taking their money out of the country and investing in upmarket property in London. While foreign investors queue to get into Asia’s so-called “last economic frontier,” millions of dollars are flowing out and into bricks and mortar in the capital of the former colonial rulers, a survey has disclosed. The volume […]
Zaw Zaw – How a Myanmar tycoon is profiting from change
May 30, 2013 by
Zaw Zaw, one of Myanmar’s most successful and notorious businessmen, likes to pick his way at odd hours around the hulking skeleton of his new hotel, rising beside Yangon’s main airport road. The 366-room Novotel holds a story of how one man, who remembers being too poor to afford a soccer ball, built an empire […]
