Protectively, perhaps, Tay Za appears to be hedging his bets on the future, like any clever businessman, by adding Kyaing San Shwe, Than Shwe’ s son, to his coterie of friends. He sealed his new friendship by buying Kyaing San Shwe an American-made Hummer, the civilian version of the military Humvee that is the latest status symbol on American highways and which now turns heads on
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Tun Myint Naing
Tun Myint Naing, or Steven Law—as he likes to be known—is managing director of Asia World Co, Burma’s biggest conglomerate, but he is probably better known as the son of the 1970s drug lord and militia leader Lo Hsing Han.
Lo is chairman of Asia World, and its guiding force, leaving his son with a hard task of maintaining the company’s reputation and credibility.
Saddled with this family background, Law keeps a low profile and rarely speaks to the international press. Although he travels extensively within Asia, he is banned from entering the
The
The militia raised by Lo—an ethnic Chinese from the Kokang region of Burma’s section of the opium-producing Golden Triangle—was co-opted by the Rangoon regime to join in the fight against the Communist Party of Burma. But Lo fell foul of the regime, and in 1973 he was put on trial for treason and sentenced to death. Seven years later he was amnestied and returned to the Kokang region.
In subsequent years he developed close relations with the former prime minister Khin Nyunt and his regime, helping to seal ceasefire agreements with Wa and Kokang forces in the early 1990s. Khin Nyunt’s downfall last October doesn’t appear to have had any negative effects on the close relations between the Lo family and the
Asia World Co was founded on June 5, 1992, with strong financial backing and on a broad platform of business activities.
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