Four heads of supermarkets in Myanmar, including the head of a Japanese company, have been arrested for selling rice at inflated prices, state media said on Monday, as authorities crack down on war. A war-torn country struggled to stabilize a progressive economy.
Authorities said they arrested 11 people, including rice buyers and rice shop managers and rice sellers, accusing them of raising prices by 31 percent. up to 70 times more than they were given, Myanmar’s Global New Light newspaper said. In Tokyo, Japan’s chief secretary Yoshimasa Hayashi told reporters that police are questioning a Japanese citizen in Yangon, Myanmar’s commercial capital.
The Japanese government intends to continue to take appropriate measures, including maintaining relations with companies in which Japanese citizens work and providing them with the necessary support, while encouraging local authorities to he was released early, he said. A leading Myanmar newspaper said those arrested included an executive at the Aeon Orange supermarket chain, a joint venture between Japan’s Aeon Co and Yangon-based Creation Myanmar. A spokesman for the authorities did not return calls seeking comment. The impoverished Southeast Asian country has been wracked by unrest since February 2021, when the military overthrew an elected civilian government, sparking protests that turned into armed resistance against the country.
Amid the escalating violence, poverty in Myanmar is more widespread than at any time in the past six years and unemployment and dwindling incomes have made it difficult to do business, according to the World Bank. say. Last month, authorities arrested at least 35 people, cracking down on gold and currency dealers as well as foreign real estate agents as part of efforts to slow the spread of the virus. the application of which his money is stable.
