• Burmese
Tuesday, July 8, 2025
No Result
View All Result
NEWSLETTER
The Irrawaddy
27 °c
Yangon
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Business
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Junta Watch
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Books
  • Donation
No Result
View All Result
The Irrawaddy
No Result
View All Result
Home News Burma

UK Imposes More Sanctions on Myanmar Military-Linked Companies

The Irrawaddy by The Irrawaddy
August 25, 2022
in Burma, Factiva, News
Reading Time: 3 mins read
0 0
A A
UK Imposes More Sanctions on Myanmar Military-Linked Companies

Myanmar military troops march during the Armed Forces Day parade on March 27

6k
VIEWS
Share on FacebookShare on Twitter

The UK announced a further round of sanctions against Myanmar’s junta on Thursday, targeting three military-linked businesses including Sky One Construction Co. Ltd, which the coup leader’s son is a director of.

Also sanctioned are the Star Sapphire Group of Companies and the International Gateways Group of Companies Limited, according to the UK government’s press release.

Britain stated in the press release that the three companies are being sanctioned in an effort to limit the Myanmar military’s access to arms and revenue.

RelatedPosts

Myanmar People Skeptical of Junta’s Promises of Election, Peace

Myanmar People Skeptical of Junta’s Promises of Election, Peace

July 7, 2025
296
TNLA Defies Myanmar Junta Push to Cede Shan Towns in China Talks  

TNLA Defies Myanmar Junta Push to Cede Shan Towns in China Talks  

July 7, 2025
528
Myanmar’s Civilian Govt Rebuffs Junta’s Appeal for ‘Cooperation’

Myanmar’s Civilian Govt Rebuffs Junta’s Appeal for ‘Cooperation’

July 7, 2025
579

Sky One Construction Co. Ltd was established in April 2013 by junta crony U Maung Maung Naing, who fronts a number of businesses connected to regime chief Senior General Min Aung Hlaing’s family. His son, Aung Pyae Sone, is a director of Sky One, according to the Directorate of Investment and Company Administration.

In recent years, Sky One won the contracts to build a new ward at the military hospital in Yangon’s Mingaladon Township, to construct a media center for the regime’s mouthpiece Myawaddy TV in the compound of the military records office, and to build the private Moe Kaung Treasure Maternal and Child Hospital, which is owned by Min Aung Hlaing’s family and is also inside the military records office compound.

The company has also won contracts to expand two military air bases, Cocogyun and Hmawbi, in Yangon Region.

Business sources said that Sky One makes huge profits from military-linked projects, as the Myanmar military pays the prices quoted by the company.

The Star Sapphire Group of Companies play a key role in enabling the military regime’s crimes against the Myanmar people. The group has acquired wealth through corruption and illicit business dealings, according to investigations by Justice For Myanmar, a covert group of activists campaigning for justice and accountability.

Star Sapphire Group is controlled by individuals linked to the Myanmar military, and has been involved in a wide range of businesses, including mining, manufacturing, defense, casinos, energy, agriculture and trade.

International Gateways Group of Companies Limited (ICG) has been involved in arms procurement for the Myanmar military worth millions of US dollars. ICG is also controlled by a small group of individuals linked to the junta and has a long history of supplying arms and other equipment to the Myanmar military.

Justice For Myanmar welcomed the new UK sanctions.

“The UK government’s latest round of sanctions helps to stop the continued flow of arms and funds to the Myanmar military junta, a terrorist organization that commits atrocity crimes with total impunity,” said Ma Yadanar Maung, the Justice For Myanmar spokesperson.

The latest sanctions are also intended to impact the case brought by Gambia against Myanmar at the International Court of Justice, which will determine whether Myanmar violated its obligations under the Genocide Convention in relation to the military’s violence against the Rohingya ethnic minority in 2016 and 2017.

The same individuals responsible for the ethnic cleansing of the Rohingya now head the junta and have been waging a campaign of terror against the Myanmar people since last year’s coup.

Over 2,200 people have been killed by the military regime, while more than 15,000 have been arrested. The junta has employed widespread torture, indiscriminate air and artillery strikes and the torching of villages in its war against the Myanmar people, said Ma Yadanar Maung.

Justice For Myanmar has also called on the United Nations and its member states to take coordinated action against the junta to stop the flow of funds and arms that sustain its crimes, and to hold all perpetrators of those atrocities to account.

“We condemn the continued inaction of Australia, India, Japan and South Korea, regional democracies that have so far refused to impose any sanctions on the junta. We demand that they live up to their international responsibilities and act,” said Justice For Myanmar.

Your Thoughts …
Tags: CoupInternational Gateways GroupjuntaJustice for Myanmarmilitary regimeMyanmar MilitaryRohingyaSanctionsSky One Construction Co. LtdStar Sapphire Group
The Irrawaddy

The Irrawaddy

...

Similar Picks:

Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow
Burma

Enter the Dragon, Exit the Junta: Myanmar’s Brotherhood Alliance makes Chinese New Year Vow

by The Irrawaddy
February 12, 2024
44.7k

Ethnic armed grouping says it will continue Operation 1027 offensive until goal of ousting the junta is achieved. 

Read moreDetails
Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses
Business

Drone Attack at Myanmar-China Border Gate Causes Over $14m in Losses

by The Irrawaddy
November 27, 2023
38.6k

Jin San Jiao is latest northern Shan State trade hub in crosshairs of ethnic Brotherhood Alliance.

Read moreDetails
Arakan Army Captures Myanmar Junta Brigade General in Chin State Rout: Report
Burma

Arakan Army Captures Myanmar Junta Brigade General in Chin State Rout: Report

by The Irrawaddy
January 15, 2024
36.6k

Rakhine-based armed group has reportedly detained the chief of 19th Military Operations Command after seizing his base in Paletwa Township.

Read moreDetails
Myanmar Junta Arrests Thai Condo Buyers, Realtors as Currency Crashes
Business

Myanmar Junta Arrests Thai Condo Buyers, Realtors as Currency Crashes

by The Irrawaddy
June 4, 2024
27.7k

Monday’s arrests follow reports that Myanmar has become one of Thailand’s most lucrative markets for selling condos since the 2021...

Read moreDetails
China-Backed Illegal Rare Earth Mining Surging in Northern Myanmar
Burma

China-Backed Illegal Rare Earth Mining Surging in Northern Myanmar

by Yan Naing
July 15, 2022
34.7k

A Myanmar military-backed militia in Kachin State is protecting Chinese-run mines that produce coveted rare earth minerals used in hi-tech...

Read moreDetails
AA Urges Myanmar Junta Troops to Surrender as Western Command Burns
War Against the Junta

AA Urges Myanmar Junta Troops to Surrender as Western Command Burns

by The Irrawaddy
December 18, 2024
25.4k

Ethnic army reportedly poised to capture regime’s last stronghold in Rakhine State.

Read moreDetails
Load More
Next Post
Myanmar Gems Boss Arrested for Alleged Resistance Support

Myanmar Gems Boss Arrested for Alleged Resistance Support

Myanmar Resistance Group Apologizes for Killing Two Civilians in Bungled Hit

Myanmar Resistance Group Apologizes for Killing Two Civilians in Bungled Hit

No Result
View All Result

Recommended

Myanmar Regime Leader Rejects World Bank Economic Forecast as Inaccurate

Myanmar Regime Leader Rejects World Bank Economic Forecast as Inaccurate

5 days ago
1.5k
From Foreign Policy Drift to Diplomatic Freefall in Myanmar

From Foreign Policy Drift to Diplomatic Freefall in Myanmar

7 days ago
2.1k

Most Read

  • Myanmar Junta Starves Last Rakhine Strongholds as AA Closes In

    Myanmar Junta Starves Last Rakhine Strongholds as AA Closes In

    shares
    Share 0 Tweet 0
  • Myanmar’s Strongest Armed Ethnic Alliance is Faltering

    shares
    Share 0 Tweet 0
  • Myanmar’s Civilian Govt Rebuffs Junta’s Appeal for ‘Cooperation’

    shares
    Share 0 Tweet 0
  • TNLA Defies Myanmar Junta Push to Cede Shan Towns in China Talks  

    shares
    Share 0 Tweet 0
  • Timor-Leste Hits Back at Myanmar Junta’s Objection to ASEAN Membership

    shares
    Share 0 Tweet 0

Newsletter

Get The Irrawaddy’s latest news, analyses and opinion pieces on Myanmar in your inbox.

Subscribe here for daily updates.

Contents

  • News
  • Politics
  • War Against the Junta
  • Myanmar’s Crisis & the World
  • Conflicts In Numbers
  • Junta Crony
  • Ethnic Issues
  • Asia
  • World
  • Business
  • Economy
  • Election 2020
  • Elections in History
  • Cartoons
  • Features
  • Opinion
  • Editorial
  • Commentary
  • Guest Column
  • Analysis
  • Letters
  • In Person
  • Interview
  • Profile
  • Dateline
  • Specials
  • Myanmar Diary
  • Women & Gender
  • Places in History
  • On This Day
  • From the Archive
  • Myanmar & COVID-19
  • Intelligence
  • Myanmar-China Watch
  • Lifestyle
  • Travel
  • Food
  • Fashion & Design
  • Videos
  • Photos
  • Photo Essay
  • Donation

About The Irrawaddy

Founded in 1993 by a group of Myanmar journalists living in exile in Thailand, The Irrawaddy is a leading source of reliable news, information, and analysis on Burma/Myanmar and the Southeast Asian region. From its inception, The Irrawaddy has been an independent news media group, unaffiliated with any political party, organization or government. We believe that media must be free and independent and we strive to preserve press freedom.

  • Copyright
  • Code of Ethics
  • Privacy Policy
  • Team
  • About Us
  • Careers
  • Contact
  • Burmese

© 2023 Irrawaddy Publishing Group. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Burma
    • Politics
    • World
    • Asia
    • Myanmar’s Crisis & the World
    • Ethnic Issues
    • War Against the Junta
    • Junta Cronies
    • Conflicts In Numbers
    • Junta Watch
    • Fact Check
    • Investigation
    • Myanmar-China Watch
    • Obituaries
  • Politics
  • Opinion
    • Commentary
    • Guest Column
    • Analysis
    • Editorial
    • Stories That Shaped Us
    • Letters
  • Ethnic Issues
  • War Against the Junta
  • In Person
    • Interview
    • Profile
  • Business
    • Economy
    • Business Roundup
  • Books
  • Donation

© 2023 Irrawaddy Publishing Group. All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.