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Private company

Asia World Group

Burmese conglomerate

Asia World Group (Burmese: အာရှဓန ကုမ္ပဏီ) is a Burmese conglomerate. It is Myanmar's largest and most diversified conglomerate, with interests in industrial development, construction, transportation, import-export, and a local supermarket chain. About half of Singapore's investment in Myanmar (totaling US$1.3 billion in 2000) comes from Asia World affiliates.2 It was founded by Lo Hsing Han and Htun Myint Naing.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1992Founded1
  • HeadquartersYangon1

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Asia World Group (Burmese: အာရှဓန ကုမ္ပဏီ) is a Burmese conglomerate. It is Myanmar's largest and most diversified conglomerate, with interests in industrial development, construction, transportation, import-export, and a local supermarket chain. About half of Singapore's investment in Myanmar (totaling US$1.3 billion in 2000) comes from Asia World affiliates.2

The story

Founded by Htun Myint Naing and Lo Hsing Han in 1992.1

Leadership

Who has led Asia World Group, and when. Pick a name to see everywhere that person has worked.

Products and brands

Services

Asia World is one of a few private companies in Myanmar that are involved in port management. According to the Myanmar Port Authority (MPA), Asia World's subsidiary Asia World Port had the largest share of country's freight market in the fiscal year 2012–13, handling 45 per cent of goods that passed through Yangon. In addition to freight handling, Asia World Port handles general goods at Myanmar. In August 2011, Asia World was one of four companies to be granted government licences to import and sell fuel in the country.

Asia World's controls includes the following enterprises and businesses:

Asia Light Supermarket – Lanmadaw Township, Rangoon

Asia World Industries Limited, Hlaingthaya Industrial Park, Rangoon

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Asia World Thilawa Deep Sea Port

Hledan Centre Condominium – Rangoon

Business practices

The company's founder, Lo Hsing Han, is an ethnic Kokang Chinese who controlled one of Southeast Asia's largest heroin trafficking armies. Ten more companies in the group are owned in Singapore, under the name of Cecilia Ng (Ng Sor Hong), Steven Law's wife, who US government officials allege operate an underground banking network that helps transport drug money from Burma to Singapore. The company is associated to the United Wa State Army. Asia World is widely believed to have committed money laundering to fund its activities and business expansions.

Six subsidiary companies of Asia World, including Ahlone Wharves, Asia Light, Asia World Company, Asia World Industries, Asia World Port Management, and Leo Express Bus, are currently sanctioned by the British government as part of investment bans in Burma. Since 2008, Asia World and its subsidiaries, including those run in Singapore, have been part of American targeted sanctions.

From Wikipedia’s article on Asia World, shared under CC BY-SA 4.0.3

Timeline

  1. 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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