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Kanbawza Bank
Kanbawza Bank ( my, ကမ္ဘောဇဘဏ်; abbreviated as KBZ Bank) is a private commercial bank in Myanmar. The bank was established on 1 July 1994 in Taunggyi, Shan State. KBZ Bank shares the same brand as a number of companies in Myanmar but is separate and independent of those companies. Kanbawza Group is a brand founded by Aung Ko Win to share the KBZ name across industries. History Launch of KBZPay In October 2018, KBZ Bank launched KBZPay, a mobile wallet platform that allows individuals, merchants and businesses access to the financial system and Myanmar’s emerging digital economy. Aside from storing money, KBZPay app allows customers to make cashless transactions, send and receive money, and withdraw physical cash through authorised agents, merchants and ATMs, at zero to low cost, without a card, across the country. Most recently, the platform was boosted by the introduction of shopper and personal loans, digital life insurance, and a donation function, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangon
Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government relocated the administrative functions to the purpose-built capital city of Naypyidaw in north central Myanmar. With over 7 million people, Yangon is Myanmar's most populous city and its most important commercial centre. Yangon boasts the largest number of colonial-era buildings in Southeast Asia, and has a unique colonial-era urban core that is remarkably intact. The colonial-era commercial core is centered around the Sule Pagoda, which is reputed to be over 2,000 years old. The city is also home to the gilded Shwedagon Pagoda – Myanmar's most sacred and famous Buddhist pagoda. Yangon suffers from deeply inadequate infrastructure, especially compared to other major cities in Southeast Asia, such as Jakarta, Bangkok or Hanoi. Though ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar
Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, John Wells explains, the English spellings of both Myanmar and Burma assume a non-rhotic variety of English, in which the letter r before a consonant or finally serves merely to indicate a long vowel: [ˈmjænmɑː, ˈbɜːmə]. So the pronunciation of the last syllable of Myanmar as [mɑːr] or of Burma as [bɜːrmə] by some speakers in the UK and most speakers in North America is in fact a spelling pronunciation based on a misunderstanding of non-rhotic spelling conventions. The final ''r'' in ''Myanmar'' was not intended for pronunciation and is there to ensure that the final a is pronounced with the broad a, broad ''ah'' () in "father". If the Burmese name my, မြန်မာ, label=none were spelled "Myanma" in English, this would b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aung Ko Win
Tharay Sithu Aung Ko Win ( my, အောင်ကိုဝင်း; also known as Saya Kyaung) is a Burmese business tycoon and former school teacher. He owns several businesses in Myanmar under the Kanbawza (KBZ) brand in the finance, agriculture, aviation, manufacturing and tourism sectors. Education He graduated with BSc in Chemistry from Mandalay University. Career Aung Ko Win was a teacher, then he switched to tutoring before going into trading and mining. He has close connections to General Maung Aye, the second in command of the former military junta, the State Peace and Development Council (SPDC). While Maung Aye was a commander in jade-mining region of Shan State, Maung Aye offered Aung Ko Win jade and gem mining concessions. His trading and mining business prospered, and two years later, he bought the banking operation. Then he moved KBZ and his family to Yangon in the late 1990s, when there were only 4 branches. Now there are 485, and KBZ expects to reach 500 b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman Emeritus
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zaw Lin Aung
Zaw ( my, ဇော်) is a Burmese name that may refer to *Adrian Zaw (born 1984), Burmese-born American actor * Aung Zaw (footballer) (born 1990), Burmese football defender * Aung Zaw (editor) (born ca. 1968), Burmese journalist and editor *Ba Zaw (1891–1942), Burmese artist *Hein Thiha Zaw (born 1995), Burmese football defender * Kyaw Zaw (1919–2012), founders of the modern Burmese Army * Myint Zaw, Burmese journalist and activist * Myo Min Zaw, Burmese democracy activist * Myo Zaw Aung (born 1980), Burmese Member of Parliament * Myo Zaw Oo (born 1992), Burmese football midfielder *Ni Ni Khin Zaw, Burmese pop singer *Phone Zaw Han, Burmese city major * Pyae Phyo Zaw (born 1994), Brumese football defender *Thein Zaw (born 1994), Burmese football defender * Thiha Zaw (born 1993), Burmese football midfielder * Thiha Zaw (footballer, born 1994), Burmese football defender * Win Zaw Oo (born 1977), tallest person in Burma *Win Zaw( born: 12 May 1982) is a Burmese politicia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taunggyi
Taunggyi ( ; Shan: ; Pa'O: ) is the capital and largest city of Shan State, Myanmar (Burma) and lies on the Thazi-Kyaingtong road at an elevation of , just north of Shwenyaung and Inle Lake within the Myelat region. Taunggyi is the fifth largest city of Myanmar, and has an estimated population of 380,665 as of 2014. The city is famous for its hot air balloon festival held annually on the full moon day of Tazaungmon. Etymology The name Taunggyi means "huge mountain" in the Burmese language, and is named after the ridge on the east of the city, part of the Shan Hills system, whose prominent high point is called ''Taung-chun'' or "The Spur." Locally this spur is popularly known as ''Phaya Taung''. The ridge has a more prominent and more popular feature known as ''Chauk Talone'', meaning the ''Craigs''. History Prior to British colonisation, Taunggyi was a small village of a few huts. The area lay on a wide shoulder of the Sittaung Hills of the Shan Hills and was populated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shan State
Shan State ( my, ရှမ်းပြည်နယ်, ; shn, မိူင်းတႆး, italics=no) also known by the Endonym and exonym, endonyms Shanland, Muang Tai, and Tailong, is a administrative divisions of Myanmar, state of Myanmar. Shan State borders China (Yunnan) to the north, Laos (Louang Namtha Province, Louang Namtha and Bokeo Provinces) to the east, and Thailand (Chiang Rai Province, Chiang Rai, Chiang Mai Province, Chiang Mai and Mae Hong Son Provinces) to the south, and five administrative divisions of Burma (Myanmar) in the west. The largest of the 14 administrative divisions by land area, Shan State covers 155,800 km2, almost a quarter of the total area of Myanmar. The state gets its name from Burmese name for the Tai peoples: "Shan people". The Tai (Shan) constitute the majority among several ethnic groups that inhabit the area. Shanland is largely rural, with only three cities of significant size: Lashio, Kengtung, and the capital, Taunggyi. Taunggyi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kanbawza Group Of Companies
The Kanbawza Group of Companies ( my, ကမ္ဘောဇကုမ္ပဏီအုပ်စု; abbreviated as KBZ) is a set of Myanmar-based companies across industries such as construction, garments, insurance, banking, oil, communications, cement, aviation and mining that bear the KBZ brand. Each company operates as separate independent entities. History The first KBZ ventures were founded in 1988 by U Aung Ko Win in textile trading and mining. This subsequently expanded into the finance, agriculture, aviation, manufacturing, and tourism sectors. Aung Ko Win (also known as Saya Kyaung) is a former schoolteacher with close connections to General Maung Aye, the former second in command of the former military junta, the State Peace and Development Council (SPDC). He is married to Nan Than Htwe, the niece of Win Myint, a former SPDC official. In January 2000, Kanbawza was awarded a banking license to operate Kanbawza Bank, which was first established in Taunggyi as an indepen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021 Myanmar Coup D'état
A coup d'état in Myanmar began on the morning of 1 February 2021, when democratically elected members of the country's ruling party, the National League for Democracy (NLD), were deposed by the Tatmadaw—Myanmar's military—which then vested power in a military junta. Acting president Myint Swe proclaimed a year-long state of emergency and declared power had been transferred to Commander-in-Chief of Defence Services Min Aung Hlaing. It declared the results of the November 2020 general election invalid and stated its intent to hold a new election at the end of the state of emergency. The coup d'état occurred the day before the Parliament of Myanmar was due to swear in the members elected at the 2020 election, thereby preventing this from occurring. President Win Myint and State Counsellor Aung San Suu Kyi were detained, along with ministers, their deputies, and members of Parliament. On 3 February 2021, Win Myint was charged with breaching campaign guidelines and COVID-1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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