BUSINESS – Mitsubishi Electric opening in Rangoon

Japanese industrial giant Mitsubishi Electric Corp is opening a Rangoon office on Friday. Operating under a Singapore-based subsidiary, Mitsubishi Electric Asia Pte Ltd, the new branch will be based in Bahan Township and is to coordinate Mitsubishi Electric’s efforts to expand business in Burma by conducting market research, collecting information, and providing support for infrastructure projects and local distributors, the firm said on Thursday.