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Business

Japanese companies flock to Myanmar

Others, too, see potential in country of 50 million

An Acecook sampling party in Yangon

YANGON -- Japanese companies are trying to court Myanmar's growing middle class.

On Dec. 29, Honda Motor opened its 115th motorcycle dealership in the country, in Myitkyina, the capital of the state of Kachin. The Japanese company opened five dealerships in Myanmar in December alone -- all in smaller cities. The total number was up 40% from a year earlier.

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