Peace Myanmar Group

The Peace Myanmar Group (Burmese: ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ, also known as PMG Group) is a Burmese conglomerate, and a major domestic producer of bottled drinking water and alcoholic beverages.[1]

Peace Myanmar Group Company (PMG)
Native name
ပိ(စ်)မြန်မာဂရု(ပ်)ကုမ္ပဏီ
TypeConglomerate
IndustrySpirits
Founded1993 (1993)
Headquarters,
Key people
Tun Lin (MD)
Subsidiaries
  • Peace Myanmar Electric Company
  • United Paints Group
  • United Can Factory
  • Skyward International Trade
  • Peace Company
  • Asia General Electric
Websitewww.pmg.com.mm

History

Peace Myanmar Group 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][2][3] In 2007, it was investigated by the Burmese government for tax evasion.[4] The company is used to launder and reinvest MNDAA's drug profits in the legal economy.[5] PMG Group was a major advertiser of alcohol advertisements, until a ban on alcohol advertisements in print and broadcast media was instituted by the Burmese government in 2010.[6]

Products

PMG Group's first product line is the "Myanmar" line and includes brands such as Myanmar Rum, Myanmar Whisky, Myanmar Dry Gin and Myanmar Drinking Water. In recent years they have added several new products such as Majesty Whisky, Chancellor Whisky, Freedom Light Whisky, Freedom Smooth+ Whisky, Myanmar Rum (Generation Z) and Crush! Drinking Water, which uses environmentally-friendly plastic bottles.

References

  1. "Burmese Tycoons Part III". The Irrawaddy. August 2000. Retrieved 11 July 2015.
  2. Lintner, Bert (2016-04-30). Blood Brothers: The Criminal Underworld of Asia. Springer. ISBN 978-1-137-06294-9.
  3. "The Kokang Clashes - What Next?". Euro-Burma Office. September 2009.
  4. "Burmese Junta Cracks Down on Tax Evasion Cases". The Irrawaddy. 30 May 2007. Retrieved 11 July 2015.
  5. A Failing Grade: Burma's Drug Eradication Efforts (PDF). Alternative ASEAN Network on Burma. 2004. ISBN 978-9749243343. Archived from the original (PDF) on 2010-06-03.
  6. Ahunt Phone Myat (15 January 2010). "Companies skirt alcohol advert ban". DVB.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.