The Bank of Japan kept its monetary stimulus unchanged Thursday, but a dovish new board member opposed the decision in his first meeting, an unexpected dissension on a board chosen entirely by Prime Minister Shinzo Abe. Still, BoJ Governor Haruhiko Kuroda ... ( read original story ...)
Why Rising Japanese Inflation Isn’t Good Enough for Bank of Japan
Lower levels of inflation are not new to Japan. Inflation in Japan has been low for close to three decades. Only in recent months, with a generous stimulus package from the Bank of Japan, have we seen green shoots in Japanese inflation. The BOJ’s (Bank ... ( read original story ...)
Japan embraces fintech’s hard-boiled wonderland
Just another example of a big bank looking to work with fintech firms. As the interest in digital currency grows stronger, Japanese banks are also jumping on the bandwagon. There are plans to establish a digital currency by 2020, which may be called J Coin ... ( read original story ...)
Bank of Japan’s easing policy set for longer haul
The Bank of Japan's decision to maintain its policy of massive monetary easing suggests the inflation target of 2 percent remains a distant prospect and that the policy is here to stay for an extended period. The central bank made the decision at a ... ( read original story ...)
Bank of Japan Sees Rising Political Uncertainty as a Risk
According to news reports, Japanese Prime Minister Shinzo Abe could be calling for a snap election next month to capitalize on the increased approval ratings in August. Ratings for Abe and his government have taken a hit, falling below 30.0% in July after ... ( read original story ...)
‘Forest bank’ proposed to save Japan’s ailing artificial forests
Vast tracts of artificial forests left unattended or abandoned across Japan could be redeveloped under plans to set up a “forest bank.” The system envisaged by the Forestry Agency, cities, towns and villages would mean leasing long-neglected forests of ... ( read original story ...)
Here’s how Japan hunts down enemy submarines
The P-3 Orion has served with the United States for a long time, but also saw wide export service. One of those export customers was Japan, which operated over 100 Orions built by Kawasaki. Like the American Orions, these Japanese planes needed to be ... ( read original story ...)
PH, Japan to firm up financing for P315-B infra projects
The Duterte administration’s economic managers and the Japanese government will firm up next week financing commitments for P315.4 billion in big-ticket infrastructure projects, the Department of Finance said yesterday. In a statement, the DOF said the ... ( read original story ...)
‘Not-so-happy Friday’ for Japan corporate chiefs
TOKYO -- Japan's Premium Friday campaign, a joint effort by the government and the business community to spur consumption and workplace reform, has not clicked with companies, leading many corporate chiefs to question its relevancy. Under the initiative ... ( read original story ...)
Companies return from WEDC trade mission to Japan, South Korea with new business
Ulrich Broeckel, founder and CEO of RPRD Diagnostics, returned home recently from a Wisconsin Economic Development Corp.-sponsored trade mission to Japan and South Korea with something that will pay dividends for years to come: a strategic partnership with ... ( read original story ...)
Japan casino hype
Speaking to Business Daily, Yasuhiro Idei, a senior journalist based in Tokyo, highlighted that there are two ‘casino-related bills’ within the process of legalizing casino gaming in Japan. The promotion bill, which was approved by the Diet in December ... ( read original story ...)
Transatel and VAIO Corporation delivering new LTE network experience in Japan
Japanese MVNO Internet Initiative Japan Inc. (IIJ) takes the role of telecommunication provider, in close partnership with Transatel. Jacques Bonifay, Transatel CEO: “The laptop and tablet manufacturers’ business model is about to change, opening a ... ( read original story ...)
Japan to expand service sector work for foreigners
Japan has been welcoming foreign researchers and business people as highly skilled labor. But strict salary, academic qualifications and work experience requirements have kept many skilled foreigners from working in Japan. The government may also relax its ... ( read original story ...)
WeWork Japan set to debut in February with three central Tokyo locations
It’s also announced a $500 million investment with SoftBank and Hony Capital to expand its business in China. Demand for co-working spaces are growing in Japan driven by trends toward more flexible work styles, an expanding startup community and ... ( read original story ...)
Conference on advances in cancer treatment
The conference, titled “Oncology Prevention and Treatment”, gathered 17 oncologists from Singapore’s National University Cancer Institute and National Cancer Centre, Japan’s Okayama Saiseikai General Hospital and Sapporo Digestive Disease Centre ... ( read original story ...)
Singapore sovereign wealth fund GIC takes majority stake in Tokyo Sheraton
Singapore sovereign fund GIC Private Limited has reportedly acquired a 51-percent stake in the Sheraton Grande Tokyo Bay Hotel ... which was the seller of the property. GIC has bought the hotel with Invincible Investment Corp , a real estate ... ( read original story ...)