Japanese Executive Sentenced in Myanmar for Price Violation

Hiroshi Kasamatsu, a Japanese executive from Aeon Orange, was sentenced to one year in prison by a Myanmar court for violating rice price controls, which are strictly enforced under the military regime. Detained since June 30, Kasamatsu was charged after allegedly selling rice at inflated prices, prompting the Japanese embassy to advocate for his release. The court's decision reflects ongoing economic struggles in Myanmar, where the military government has imposed fixed pricing to combat inflation. Although the reasons for his recent release remain unclear, diplomatic efforts from Tokyo have been persistent. The case highlights the precarious nature of doing business in Myanmar amidst its ongoing political crisis.