U Ye Min knows what it takes to navigate the political and economic climate in Myanmar. He is well versed in Myanmar’s Foreign Investment Law and has a vast network of trusted contacts across a multitude of industries and sectors. He also speaks fluent Burmese, English, Hindi, Urdu and Memon and has a working knowledge of French. U Ye Min currently serves as Chairman and/or Owner, among others:
- Business Alliance Hub
- Business Alliance Hotel
- Min Nwe Trading Company
- Business Alliance Hub Pte Ltd.
- Body Glove: Ready to wear apparels
- Eucalyptus Plantation & Paper Factory
- Guesthouse (Backpacker)
- Double Drawn Non – Remy Hair Export
- 24-Hour Mart, Convenience Store Chain
- 500-acre Rubber Plantation in Dawei
- Rice Mill on 18 acres in Zeigon
- 4R Business Alliance (Medicine and Medical Equipment Trading)
Personal and Corporate Social Responsibility
U Ye Min cites Stephen Covey’s The 7 Habits of Highly Effective People as a great influence on his personal philosophies, and his personal mission statement is to “Serve the Universe.”
He also plans to develop projects that will serve as a platform for people at the grassroots level to benefit from Myanmar’s growth and development. As an entrepreneur himself, U Ye Min is committed to mentoring the next generation of entrepreneurs by way of empowering them to achieve their dreams through capital investments, education and practical training programs.
Business Alliance Hub is a member of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and the American Chamber of Commerce (AMCHAM).
1983 – 1988
U Ye Min began his business career at the age of 19. As the eldest son of six children, he took on the responsibility of providing for his family after the sudden death of his father. His father had built a successful business representing approximately 25 French companies in Myanmar and he immediately met with officials from the French Embassy and their counterparts in Myanmar. He corresponded with his father’s French business partners, who were initially resistant to entrust their business to such a young man.
In the end, U Ye Min’s determination and persistence prevailed, and he secured over 90% of his father’s business, ultimately serving as their local representative in Myanmar. These companies included Rhône Poulenc, Saint-Gobain Desjonqueres, Michelin, May & Baker, and Hydroland, among others.
1988 – 1992
In 1988, Myanmar underwent significant political and economic changes, and international trade with many foreign companies, including U Ye Min’s partners, was halted. He was forced to reinvent himself and embark on new business ventures.
In 1989 the Myanmar Government permitted the registration of
private companies, and Ye Min was one of the first businessmen to register a company in Myanmar. He founded Excellent Enterprise Ltd. (E.E.L.) – the #13 company registered in the country.
E.E.L. served as the buying agent for a number of international companies such as R. Piyarelall, Kothari, and Andre (a Swiss company, and the 3rd largest grain dealer in the world at the time). E.E.L. engaged in a number of trading activities, specializing in rice, beans and pulses, sesame, and rice bran, among others. E.E.L. also imported wheat flour, rice mill spare parts, and other large industries on a turn-key basis.
During this time period, U Ye Min was also instrumental in the establishment of three rice mills in Myanmar, valued at $10 Million US.
1994 – 1997
In 1994 and 1995, U Ye Min formed Diplomatic Business PTE Ltd. and Atka PTE Ltd. in Singapore with family members. They imported a variety of consumer goods such as electronics, watches and food stuffs as well as construction materials into Myanmar. During this time period U Ye Min also became one of Myanmar’s largest rice and grain exporters. By 1997 he was exporting nearly 250,000 tons of rice and 80,000 tons of beans and pulses annually.
1998 – 2003
Due to political and economic changes in Myanmar, U Ye Min was once again forced to reinvent himself and start new business ventures. After a brief stay in Singapore he returned to Myanmar where he engaged in the health care and garment industries. He was also involved in the establishment of an 87-bed hospital in Taunggyi (capital of Shan State) and the Yangon Medical Center.
He also operated a garment factory that consisted of 500 machines and employed over 600 people. The factory produced t-shirts, polo shirts and shop towels, which were exported to the United States and sold to multiple outlets (including Family Dollar) until Western sanctions were imposed in 2003, at which time he had to shut down his factory. The factory remains closed, but U Ye Min hopes to re-open it now that sanctions have been lifted.
Other Business Interests
U Ye Min has engaged in a number of business ventures and activities over the years. He has produced numerous Videos in the past and is currently in production for Mudras Calling, a feature film which aims to be the first locally produced Myanmar film to achieve widespread international recognition and distribution. U Ye Min is also working with the Myanmar Motion Picture Organization (MMPO) to develop the film industry through foreign and private investment.
He has worked in the construction business and traded goods all over the world. In addition to the activities mentioned thus far, he has also exported rubies and other fine gemstones, natural dyes, tamarind and turmeric, among others. He’s also been a leading importer of construction materials, wheat flour, milk powder, watches, electronics, super glue and various adhesives.
Direct Contact Information:
(95-9) 430 96467