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Mitsubishi Heavy Said To Be Freezing Development Of Regional Jet

  • Category:Other
JAPAN TODAY
 
Mitsubishi Heavy Industries will freeze development of its SpaceJet regional jet as the COVID-19 pandemic squeezes finances and erodes prospects for Japan's first passenger aircraft in half a century, two sources said.
The sources with knowledge of the decision told Reuters that the...

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Britain And Japan Sign Post-Brexit Trade Deal

  • Category:Other
BBC
 
ritain and Japan have formally signed a trade agreement, marking the UK's first big post-Brexit deal.
The deal, unveiled last month, means nearly all its exports to Japan will be tariff free while removing British tariffs on Japanese cars by 2026.
UK International Trade Secretary Liz Truss...

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Japanese Craft Breweries Are Turning Unsold Beer Into Gin

  • Category:Gourmet
CNN
 
This was going to be a big year for Japan. With the Summer Olympics due to be hosted in Tokyo, the island nation expected 40 million tourists to grace its shores.
But when Covid-19 took hold, the Olympics were postponed and the already struggling economy took a further battering.
With bars ...

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ANA Expects Record Net Loss Of Around ¥530 Bil

  • Category:Other
JAPAN TODAY
 
ANA Holdings Inc is expecting to book a record net loss of around 530 billion yen ($5 billion) and shed about 30 large jets in the business year through March as the coronavirus pandemic batters air travel demand, company sources said Wednesday.
The parent of All Nippon Airways Co, ...

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While Hollywood Idles, Japan’s Box Office Is Now Breaking Records

  • Category:Other
QUARTZ
 
The US box office remains virtually nonexistent, with many theaters still closed and no new movies to put in the ones that are open. But 5,000 miles across the Pacific, Japan’s box office is booming.
Demon Slayer, an anime film based on a popular comic series, shattered the record for th...

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Japan to Loan $473m for Covid-19 Mitigation in Indonesia

  • Category:Other
JAKARTA GLOBE
 
Bogor. Japan has agreed on a 50 billion yen (around $473 million) loan for Covid-19 mitigation in Indonesia during a meeting between visiting Prime Minister Yoshihide Suga and President Joko “Jokowi” Widodo at the Bogor Palace, West Java, on Tuesday.
"By considering the Covid-19 i...

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Japan To Join Forces With US, Europe In Regulating Big Tech Firms

  • Category:Other
BUSINESS STANDARD
 
The chairman of Japan's Fair Trade Commission, also said Tokyo could open a probe into any merger or business tie-up involving fitness tracker maker Fitbit if the size of such deals are big enough 
Japan is laying the groundwork to regulate platform operators. Among them are b...

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Warner Music’s ADA Expands Into Japan

  • Category:Other
MUSIC BUSINESS
 
Warner Music’s global independent distribution division ADA is opening for business in Japan, the world’s second largest music market.
The local ADA team will be led by respected executive Kaz Aida, who joins from Universal Music, where he worked to get streaming services license...

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Japan, China May Agree To Restart Mutual Business Travel In Oct.

  • Category:Other
KYODO NEWS
 
Japan and China are expected to agree as early as this month on resuming travel by both short- and long-term businesspeople between the two countries, Japanese government sources said Tuesday.
The nations are looking to revive their coronavirus pandemic-hit economies, the world's sec...

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Japan Mulls Lowering Global Travel Alert

  • Category:Other
NHK
 
NHK has learned that Japan's Foreign Ministry is considering lowering the travel alert that has been issued for the entire world due to the coronavirus pandemic.
The ministry raised the alert to Level 2, the third-highest on a scale of 1 to 4, in March for the whole world and asked people t...

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