MANILA -- At a business summit at the Malacanang presidential palace on Thursday, several businessmen accompanying Japanese Prime Minister Shinzo Abe on his visit to the Philippines discussed their expansion plans in the country and expressed optimism for ... ( read original story ...)
PH offers 5 sectors to Japan investors
Investors would be particularly invited to do business in electronic manufacturing services, automotive and auto parts, aerospace parts, chemicals, shipbuilding, tool and die, furniture and garments, power, and transport and logistics. Lopez said Japanese ... ( read original story ...)
Japan logs 29th consecutive current account surplus in November
Japan posted a current account surplus for the 29th straight month in November as the value of imports fell more than exports due to the rise of the yen’s value from a year earlier, the government said Thursday. The surplus in the current account, one of ... ( read original story ...)
Qatar Airways to deploy A350 on Tokyo Haneda route
Starting July 1, Qatar Airways will be replacing its B787-8 Dreamliner with its A350-900 on its direct Doha-Tokyo Haneda service. Business Traveller Asia-Pacific was alerted to the change by industry website airlineroute.net and confirmed on the carrier ... ( read original story ...)
Osaka duty-free shop plan scrapped as tourist shopping sprees slow
OSAKA – Kansai Airports said Thursday it has scrapped a plan to open a duty-free shop in central Osaka due to a slowdown in so-called explosive shopping by tourists. Spending by foreign visitors to Japan decreased in the July-September quarter from a ... ( read original story ...)
98% of all Japanese adoptions are employers adopting the adult men on their staff, not children
In Japan, there is a several-hundred-year-old tradition in which businesses adopt their executives so companies or institutions are "family-run" groups. In other words, bosses adopt their employees. Inside the the world's oldest family business ... ( read original story ...)
Firms to debut luxury overnight Tokyo-Osaka compartment-seat bus service
Kanto Bus Co. and transport company Ryobi Holdings said Wednesday they will introduce a luxury overnight bus, the Dream Sleeper, to link Tokyo and Osaka on Jan. 18, offering secluded compartments for each passenger. The one-way fare will be ¥20,000 for an ... ( read original story ...)
Firms to debut luxury overnight Tokyo-Osaka 11-compartment bus service
Kanto Bus Co. and transport company Ryobi Holdings said Wednesday they will introduce a luxury overnight bus, the Dream Sleeper, to link Tokyo and Osaka on Jan. 18, offering secluded compartments for each passenger. The one-way fare will be ¥20,000 for an ... ( read original story ...)
Third-generation heir to kimono business finds success in recycling traditional garb
For Kenichi Nakamura, the third-generation heir of a nearly century-old kimono business, the market for the traditional Japanese garment, currently a sixth of its peak, is full of hidden potential. The 62-year-old president of Tokyo Yamaki Co. believes ... ( read original story ...)
Takeda to Acquire ARIAD Pharmaceuticals, Inc.
CAMBRIDGE, Mass. & OSAKA, Japan--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (TSE:4502) (“Takeda”) and ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) (“ARIAD”) today announced that they have entered into a definitive agreement under which ... ( read original story ...)
Takeda is buying Ariad Pharmaceuticals in a $5.2 billion deal
Here's the press release: CAMBRIDGE, Mass. & OSAKA, Japan--(BUSINESS WIRE)--Takeda Pharmaceutical Company Limited (TSE:4502) (“Takeda”) and Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) (“Ariad”) today announced that they have entered into a definitive ... ( read original story ...)
Fifteen essential money tips for your business
Offer customer perks: Give customers an incentive to come back and spend more at your business, even it if means losing a few dollars. For example, Tokyo Smoke, a Toronto-based coffee, clothing and cannabis company, offers a $20-a-week all-you-can drink ... ( read original story ...)
Birmingham named world’s most punctual airport
Over 91 per cent (91.28) of the UK airport’s departing and arriving flights were on time in 2016, beating Japan’s Osaka airport (89.68 per cent) into second place, with Panama City (89.56 per cent) in third. Birmingham airport operated over 100,000 ... ( read original story ...)
‘Trump shock’ after Toyota tweet reverberates as Japan business community reacts with concern
A tweet targeting Toyota by the incoming U.S. president has spread a renewed “Trump shock” among Japanese political and business leaders. President-elect Donald Trump’s tweet blasted Toyota’s plans to make U.S.-bound cars in Mexico, threatening ... ( read original story ...)
Japan defends Toyota after Trump broadside over Mexican plant
The Japanese government defended Toyota Motor Corp on Friday ... the contribution of Japanese companies to U.S. employment. “We think the impact on business performance is limited,” Akira Kishimoto, a senior analyst at JPMorgan, said in a note. ( read original story ...)
Barclays' Japan chief quizzed by Libor squad
The head of Barclays’ Japanese business has been questioned by British fraud investigators as part of its probe into Libor rigging, it has emerged, as a US judge called on authorities to prosecute individuals for foreign exchange market manipulation. ( read original story ...)