Japan plans to extend official development assistance (ODA) loans to the Philippines with an additional P20.6 billion to fund two infrastructure projects, including upgrading the Metro Rail Transit (MRT) 3 railway in Manila, as it strongly supports the ... ( read original story ...)
Japan tells banks to report suspicious transfers by JVs with North Korea: sources
A government official and a manager at a major Japanese bank said the Financial Services Agency (FSA) on Monday told Japanese banks and credit associations to report such transfers by the joint ventures. Reuters was unable to identify the firms suspected ... ( read original story ...)
Finance minister rapped for comparing Diet session extension to ‘injury time’
TOKYO -- Opposition parties have accused Finance Minister and Deputy Prime Minister Taro Aso of "profaning soccer" after he compared the extension of the current Diet session to injury time and warned legislators not to invite public criticism during the ... ( read original story ...)
Japan banks to report suspicious money transfers with N. Korea
A government official and a manager at a major Japanese bank said the Financial Services Agency (FSA) on Monday told Japanese banks and credit associations to report such transfers by the joint ventures. Reuters was unable to identify the firms suspected ... ( read original story ...)
‘SWIFT is Expensive’: Major Philippine Bank Taps IBM for Japan Blockchain Remittance
The Rizal Commercial Banking Corporation (RCBC), one of the Philippines’ top 10 banks by assets, has announced an upcoming remittance payments service from Japan using blockchain technology. Speaking to reporters on Thursday, RCBC first senior vice ... ( read original story ...)
Bank of Japan : eyes lowering FY 2018 inflation forecast
The Bank of Japan may lower its inflation forecast for the current fiscal year, acknowledging that price gains have undershot expectations despite an otherwise strengthening economy, sources with knowledge of the central bank's thinking said Friday. ( read original story ...)
Japan’s interbank lending rate slides under zero
TOKYO -- A benchmark interbank rate has fallen below zero for the first time since its 1995 creation as the Bank of Japan stays the course on negative interest rates. The Tokyo interbank offered rate -- a yardstick of banks' lending rates -- with the ... ( read original story ...)
BANK OF JAPAN : Software Maintenance
Address : Futanako-shi, Tokyo 1-19 Bank of Japan Bunka Fuchu Branch Tel: +81-042 (351) 1291 Fax: +81-042 (368) 8844 Description : Tenders are invited for Software Maintenance. [Disclaimer: The above text is machine translated. For accurate information ... ( read original story ...)
Japan inflation stuck at 0.7% in May, way below target
Japanese inflation was stagnant in May, government data indicated Friday, and still far below target as the Bank of Japan shows little sign of winning its long battle against deflation. Prices in the world's third-largest economy rose by 0.7 percent year ... ( read original story ...)
Filipino Bank to Launch Japan Remittances Using IBM and Partners
IBM’s blockchain remittance pilot is forming the basis of a new service between the Philippines and Japan for the country’s overseas workers. Quoted by local news media outlet Business World, First Senior Vice-President Manny T. Narciso said the scheme ... ( read original story ...)
Japan’s steady May inflation shows BOJ stimulus not moving price dial
TOKYO (Reuters) - Japan’s core consumer inflation held steady in May from the previous month, yet again highlighting the challenge facing the central bank as over five years of massive stimulus has failed to push prices close to its 2 percent goal. ( read original story ...)
Japan watchdog orders improvements at cryptocurrency exchanges
TOKYO (Reuters) - Japan’s financial regulator said on Friday it has ordered cryptocurrency exchanges including bitFlyer, Inc., one of the country’s biggest, to make improvements to lax measures on money laundering. The Financial Services Agency (FSA ... ( read original story ...)
Nikkei falls on trade war worries; automakers underperform
TOKYO (Reuters) - Japan’s Nikkei share average dropped on Friday morning after Germany’s Daimler cut its profit forecasts citing tariff concerns and some U.S. data came in below expectations, hurting cyclical stocks. The auto sector .ITEQP.T was under ... ( read original story ...)
Nikkei slips as trade war fears dent automakers
TOKYO (Reuters) - Japan’s Nikkei share average dropped on Friday as shares of automakers fell after Germany’s Daimler cut its profit forecast citing tariff concerns, while weak U.S. economic data dampened investor sentiment. The Philadelphia Federal ... ( read original story ...)
Abe can turn Japan into ‘unicorn’ central
What the World Can Learn from Japan's Lost Decades." He was given the 2018 prize for excellence in opinion writing by the Society of Publishers in Asia, for his work for the Nikkei Asian Review. ( read original story ...)
A Japanese initiative for West Bank’s economic activity
In the latest episode of Global Japan, we bring you to Jericho in the West Bank to discover a unique Japanese initiative: the Jericho agro-industrial park, which meets international standards. The aim: to boost the region’s economic activity. ( read original story ...)