Myanmar tycoon's riches grow amid sanctions

Tay Za remains Southeast Asian nation's richest man despite being banned from trading with the EU.



    Tay Za is known as Myanmar's richest businessman, although he says he is not.

    An entrepreneur whose companies employ more than 60,000 people in the South-east Asian nation, Tay Za has continued to make money despite sanctions that prevent him from doing business with the European Union.

    With leading dissident Aung San Suu Kyi saying the sanctions should remain until democratic values take hold in Myanmar, many are wondering they they have hurt people like Tay Za at all.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Lost childhoods: Nigeria's fear of 'witchcraft' ruins young lives

    Many Pentecostal churches in the Niger Delta offer to deliver people from witchcraft and possession - albeit for a fee.

    The priceless racism of the Duke of Edinburgh

    The priceless racism of the Duke of Edinburgh

    Prince Philip has done the world an extraordinary service by exposing the racist hypocrisy of "Western civilisation".

    China will determine the future of Venezuela

    China will determine the future of Venezuela

    There are a number of reasons why Beijing continues to back Maduro's government despite suffering financial losses.