Japanese Business Executive Detained in Myanmar

Military personnel participates in a parade on Armed Forces Day in Naypyitaw on March 27, 2021.
11:44 JST, July 1, 2024
Bangkok (Jiji Press)—Myanmar’s military regime said Sunday that it has detained several people, including Japanese business executive Hiroshi Kasamatsu, for alleged law violations over rice sale.
The military regime said Kasamatsu and local supermarket officials allegedly sold rice at prices higher than levels set by authorities.
Kasamatsu is an executive at Aeon Orange Co., a supermarket joint venture set up by Japanese retailer Aeon Co. and a Myanmar company in 2016.
In Myanmar, rice prices have been soaring due to economic turmoil since a military coup in 2021. The Myanmar military has strengthened its control over rice prices through crackdowns on illegal practices.
"World" POPULAR ARTICLE
-
Competition for ‘Non-Terrestrial’ Network Systems Intensifying in Japan; Docomo Aims to Commercialize High-Altitude Platform Systems by 2026
-
3 Years Of Aggression Against Ukraine: Ukraine’s ‘White Angels’ Push to Evacuate Residents from War’s Shifting Front Lines
-
North Korean Soldiers Struggle to Fight Drones, Says Ukrainian Military Commander in Interview with The Yomiuri Shimbun
-
Egyptian Tourism Minister Hopes to Attract 30 Mil. Tourists Annually by 2031; Egypt Trying to Organize ‘Temporary or Mobile’ Museums
-
Conflict with Russia Deeply Impacting Education in Ukraine; ‘Patriotic Education’ Aims to Boost Defense
JN ACCESS RANKING