Peace Myanmar Group

Peace Myanmar Group Company (PMG)
Native name
 ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ
conglomerate company
Industry beverage
Founded 1993 (1993)
Headquarters Yangon, Myanmar
Key people
 Tun Lin (MD)
Owner Yang Mao-liang
Subsidiaries Peace Myanmar Electric Company
United Paints Group
United Can Factory
Skyward International Trade
Peace Company
Asia General Electric
Website www.pmgmyanmar.com

Peace Myanmar Group Company (Burmese: ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ) is a Myanmar-based conglomerate company, including a major bottled drinking water and alcoholic beverage manufacturer.[1]

It was founded in July 1993 by Yang Mao-liang, a Kokang warlord and head of a rebel group, the Myanmar National Democratic Alliance Army (MNDAA).[1] The company is known for its alcohol brands, including Myanmar Rum, Myanmar Dry Gin, and Myanmar Whiskey.[1]

Money laundering

In 2007, it was investigated by the Burmese government for tax evasion.[2] The company is used to launder and reinvest MNDAA's drug profits in the legal economy.[3]

References

  1. 1 2 3 "Burmese Tycoons Part III". The Irrawaddy. August 2000. Retrieved 11 July 2015.
  2. ↑ "Burmese Junta Cracks Down on Tax Evasion Cases". The Irrawaddy. 30 May 2007. Retrieved 11 July 2015.
  3. ↑ A Failing Grade: Burma's Drug Eradication Efforts (PDF). Alternative ASEAN Network on Burma. 2004. ISBN 978-9749243343.
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