Japan supermarket chain director arrested in Myanmar for price gouging

A shopper walks down an aisle at an Aeon Orange supermarket in Yangon on July 1, 2024. – Myanmar authorities have arrested a Japanese national working for retail giant Aeon for allegedly selling rice at artificially high prices, the junta said, with Tokyo demanding his immediate release.

Hiroshi Kasamatsu, director of Aeon Orange, which runs several supermarkets in Myanmar, was detained following an investigation into rice mills and supermarkets, the junta’s information team said late Sunday. “It is our understanding that the Japanese national in question is being interrogated at a police station in Yangon,” Japanese government spokesman Yoshimasa Hayashi told reporters in Tokyo.

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