Myanmar police: ‘Bombs aimed at scaring away investors’

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Myanmar bombingBombings that have rocked Myanmar over the past days were “aimed at scaring away foreign investors”, the country’s national police chief said on October 18 in Yangon, where a blast at a luxury hotel wounded an American woman on October 13.

There have been nine explosions in the last week, leaving three people dead and 10 others injured.

Poilce chief Zaw Win said the bombers — allegedly linked to the same individual or group — were unhappy with reforms that have attracted some of the world’s most prominent companies as the country moves from decades of military rule to an open economy. He said a businessman tied to the Karen National Union ethnic rebel group allegedly promised Saw Myint Lwin — one of eight suspects in police custody — a gold mine permit if he succeeded in planting bombs at luxury hotels and restaurants.

The Karen National Union, however, denied any involvement in the bombings, saying they were “acts of individuals”.

Meanwhile, a number of tourists planning to visit Myanmar have either cancelled or postponed their plans due to the bomb threats, travel companies said, but no exact numbers are available and it is unclear how the incidents will affect total tourism numbers.

Myanmar, which hosts the Southeast Asian Games in December 2013, is expecting 2 million tourists this year, almost double from 2012.

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Reading Time: 1 minute

Bombings that have rocked Myanmar over the past days were “aimed at scaring away foreign investors”, the country’s national police chief said on October 18 in Yangon, where a blast at a luxury hotel wounded an American woman on October 13.

Reading Time: 1 minute

Myanmar bombingBombings that have rocked Myanmar over the past days were “aimed at scaring away foreign investors”, the country’s national police chief said on October 18 in Yangon, where a blast at a luxury hotel wounded an American woman on October 13.

There have been nine explosions in the last week, leaving three people dead and 10 others injured.

Poilce chief Zaw Win said the bombers — allegedly linked to the same individual or group — were unhappy with reforms that have attracted some of the world’s most prominent companies as the country moves from decades of military rule to an open economy. He said a businessman tied to the Karen National Union ethnic rebel group allegedly promised Saw Myint Lwin — one of eight suspects in police custody — a gold mine permit if he succeeded in planting bombs at luxury hotels and restaurants.

The Karen National Union, however, denied any involvement in the bombings, saying they were “acts of individuals”.

Meanwhile, a number of tourists planning to visit Myanmar have either cancelled or postponed their plans due to the bomb threats, travel companies said, but no exact numbers are available and it is unclear how the incidents will affect total tourism numbers.

Myanmar, which hosts the Southeast Asian Games in December 2013, is expecting 2 million tourists this year, almost double from 2012.

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