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Japan's top retailer Aeon to open mall in Myanmar by 2023

Group extends pivot to Southeast Asia with joint venture

Aeon is teaming with Shwe Taung, parent of Myanmar's top mall operator, with an eye toward the country's growing middle class. (Photo by Yuichi Nitta)

TOKYO/YANGON -- Japan's Aeon plans to open a shopping center in Myanmar as early as 2023, tapping into a middle class whose spending power is expected to rise in the coming years, Nikkei has learned.

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