Microsoft seals Myanmar deal

IT giant Microsoft has signed an agreement of cooperation with Myanmar’s notorious Shwe Taung Group.

In September, Microsoft also went into a partnership with the Kanbawza Group which has businesses ranging from precious minerals to banking.

Greeting the news of the second-largest venture signed by Microsoft in Myanmar, the Financial Times carried the headline: “Microsoft enters minefield of Myanmar business with IT deal.”

Both Shwe Taung and Kanbawza have long been under fire domestically and internationally for cronyism with Shwe Taung’s controlling shareholder Aik Htun suspected by the US Treasury of narcotics connections.

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