Myanmar's corporate crackdown grows beyond Japan retailer Aeon

Inflation and capital outflows push regime to tighten grip on economy

20240717N Myanmar

Myanmar has faced economic turmoil since the military takeover in February 2021 and subsequent civil unrest. (Photo by Ken Kobayashi)

Nikkei staff writers

YANGON/BANGKOK -- Myanmar's military regime is tightening its grip on a range of industries from retail to real estate as the country grapples with inflation and capital outflows, though its crackdown appears to be exacerbating the economic turmoil.

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