Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Japanese executive among 11 arrested in Myanmar for inflating rice prices
https://www.reuters.com/world/asia-pacific/myanmar-junta-arrests-11-inflating-rice-prices-including-japanese-national-2024-07-01/Japanese executive among 11 arrested in Myanmar for inflating rice prices
By Reuters
July 1, 2024 1:20 AM EDT Updated 4 hours ago
July 1 (Reuters) - Myanmar arrested four executives of supermarket chains, including an official of a Japanese joint venture, for selling rice at inflated prices, state media said on Monday, as the war-torn country's ruling junta struggles to stabilise its economy.
The impoverished Southeast Asian country has been in turmoil since its military deposed an elected civilian government in February 2021, sparking widespread protests that have morphed into an nationwide armed resistance.
Authorities said they arrested 11 people, including rice traders and officials of mills and retailers, accusing them of inflating prices by 31% to 70% from prescribed levels, the Global New Light of Myanmar newspaper said.
In Tokyo, Japan's chief cabinet secretary, Yoshimasa Hayashi, said police in Myanmar's commercial capital of Yangon were questioning a Japanese national.
[...]
By Reuters
July 1, 2024 1:20 AM EDT Updated 4 hours ago
July 1 (Reuters) - Myanmar arrested four executives of supermarket chains, including an official of a Japanese joint venture, for selling rice at inflated prices, state media said on Monday, as the war-torn country's ruling junta struggles to stabilise its economy.
The impoverished Southeast Asian country has been in turmoil since its military deposed an elected civilian government in February 2021, sparking widespread protests that have morphed into an nationwide armed resistance.
Authorities said they arrested 11 people, including rice traders and officials of mills and retailers, accusing them of inflating prices by 31% to 70% from prescribed levels, the Global New Light of Myanmar newspaper said.
In Tokyo, Japan's chief cabinet secretary, Yoshimasa Hayashi, said police in Myanmar's commercial capital of Yangon were questioning a Japanese national.
[...]
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
