NTT DATA to establish a subsidiary in Myanmar

Apr. 19, 2012

NTT DATA Corporation

NTT DATA Corporation has decided to establish a subsidiary in Myanmar, a country with a large potential for economic development. NTT DATA and its subsidiary NTT DATA Asia Pacific Pte. Ltd. (President and CEO: Ryoji Fukaya; Head office: Singapore) will jointly own the new company. With preparations for application for incorporation already underway, we plan to submit an application in mid-May and establish the company in September. The new subsidiary is expected to start operations by the end of this fiscal year.

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Plan to boycott parliament

YANGON: Myanmar opposition leader Aung San Suu Kyi and other newly elected members of her party plan to boycott parliament next week over a row about the constitutional oath, a party spokesman said on Friday.

It is the first sign of serious discord between Suu Kyi's National League for Democracy (NLD) and the reformist regime since April 1 by-elections that gave the former political prisoner her first-ever seat in parliament.

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