By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Japanese supermarket chain operator official detained in Myanmar for allegedly selling rice above set prices – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
    • Home 1
  • Categories
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > Japanese supermarket chain operator official detained in Myanmar for allegedly selling rice above set prices – World News Network
World

Japanese supermarket chain operator official detained in Myanmar for allegedly selling rice above set prices – World News Network

worldnewsnetwork
Last updated: July 1, 2024 12:00 am
worldnewsnetwork 11 months ago
Share
SHARE

Tokyo [Japan], July 1 (ANI): A Japanese supermarket chain operator Aeon Co on Monday said that a senior official of a joint venture in Myanmar has been detained, with the military junta saying he was held along with 10 others for allegedly violating rules on the selling price of rice, Kyodo News, a Japan-based news agency reported.
Aeon named the official as Hiroshi Kasamatsu, 53, an employee of Aeon Orange Co, adding it would cooperate with local authorities’ investigations while seeking support from the Japanese Embassy in Myanmar.
According to the junta, which has ruled the country since ousting its civilian government in a February 2021 coup, Kasamatsu and 10 Myanmar nationals have been held for selling rice at a price around 50 per cent to 70 per cent higher than the level mandated by the authorities.
The Japanese embassy said a lawyer who met Kasamatsu at a police station in Yangon where he is believed to have been interrogated told them he has no health issues. “We are in the process of confirming the facts, but we are calling for his early release. We will also provide necessary support,” an official from the embassy said.
Japan’s top government spokesperson Yoshimasa Hayashi said that the government is urging Myanmar’s authorities to release the official at the earliest and is communicating with the company.
The detention of a Japanese-affiliated company official in Myanmar came despite Japan having not imposed sanctions on the Southeast Asian country’s military or associated individuals and groups following the coup, unlike Western countries. The incident could cast a shadow over other businesses linked to Japan in the country, Kyodo News said.
Aeon Orange was established in 2016 with local retailer Creation Myanmar Group of Companies.
The junta has sought to stabilize the market by fixing the prices of necessary goods, including rice, and setting a reference exchange rate for Myanmar’s currency, the Kyat, which has weakened significantly since the coup. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

“India not alone, Pakistan backed only by traditional allies”: Research Fellow Aparna Pande – World News Network

Ukranian F16 goes down after ‘incident’, pilot ejects safely – World News Network

UAE leaders congratulate King of Norway on National Day – World News Network

8th Historic Dalma Race Festival features rich cultural legacy – World News Network

IDF launches Gideon Chariots campaign to release hostages – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Iran: Indian envoy Rudra Gaurav Shresth explores economic opportunities with Iran-India Business Chamber – World News Network
Next Article “We must stand with truth and follow the path of non-violence,” says Rahul Gandhi – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2024 World News Network. All Rights Reserved.
  • Advertise with us
  • Newsletters
  • Deal
Welcome Back!

Sign in to your account

Lost your password?