In the 1790s, the East India Company opened a factory in Yangon. In 1755, King Alaungpaya, the founder of the Konbaung Dynasty captured Dagon, added settlements around it, and called the enlarged town "Yangon". Queen Saw Pu built a palace next to the Shwedagon Pagoda in the town in 1460 and spent her semi-retired life at that palace until her death in 1471. Notable governors of Dagon included Princess Maha Dewi, who ruled the town from 1364 to 1392, and her grandniece, Shin Saw Pu, who later became the only female queen regnant in Burmese history. Dagon became an important pilgrimage pagoda town, starting in the 14th century, during the Hanthawaddy Kingdom. 1028–1043) by the Mon people, who inhabited Lower Burma at that time. Yangon was founded as Dagon in the early 11th century ( c. See also: Timeline of Yangon and List of name changes in Yangon Early history Though many historic residential and commercial buildings have been renovated throughout central Yangon, most satellite towns that ring the city continue to be profoundly impoverished and lack basic infrastructure. Yangon suffers from deeply inadequate infrastructure, especially compared to other major cities in Southeast Asia, such as Jakarta, Bangkok or Hanoi. Yangon was the burial place where the British sent Bahadur Shah II, the last Mughal emperor, to live in exile after the Indian Rebellion of 1857. The city is also home to the gilded Shwedagon Pagoda – Myanmar's most sacred and famous Buddhist pagoda. The colonial-era commercial core is centered around the Sule Pagoda, which is reputed to be over 2,000 years old. Yangon boasts the largest number of colonial-era buildings in Southeast Asia, and has a unique colonial-era urban core that is remarkably intact. With over 7 million people, Yangon is Myanmar's most populous city and its most important commercial centre. 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. 'End of Strife'), also known as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon ( Burmese: ရန်ကုန် pronounced lit. Without proper rendering support, you may see question marks, boxes, or other symbols instead of Burmese script.