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Japan Braces For Even Higher Inflation Amid Ukraine Crisis

  • Category:Other
JAPAN TIMES
 
Russia’s invasion of Ukraine has further worsened the outlook for global inflation, with the crisis already causing oil prices to soar — and economists say it may spike further.
The further rise in energy costs is expected to hurt the Japanese economy, which has already begun to fee...

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Cabinet Approves Bill To Beef Up Japan's Economic Security

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JAPAN TIMES
 
Prime Minister Fumio Kishida’s Cabinet on Friday approved a bill to boost Japan’s economic security in a bid to abate risks associated with rapidly changing geopolitical and geoeconomic circumstances.
Improving economic security is one of the primary policy agendas proposed by Kishi...

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Leaders: Okitane Usui, President And Chief Executive Officer Of Komeda Holdings Co. / Serving A Cup Of Coffee At The ‘Ultimate Relaxing Space’

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THE JAPAN NEWS
 
The coffee shop chain Komeda’s Coffee has managed to steadily add new stores during the coronavirus pandemic. Okitane Usui, president and chief executive officer of the parent company Komeda Holdings Co., talked to The Yomiuri Shimbun about his unique management strategy.
■ Leavi...

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Toyota Signals Readiness To Fully Meet Wage Demands

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THE JAPAN NEWS
 
Toyota Motor Corp. President Akio Toyoda signaled the company’s readiness on Wednesday to fully meet demands from its labor union in this spring’s wage talks.
The Japanese automaker’s management aims to reward employees sufficiently for their efforts over the past year, Toyoda sa...

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Japan Business Lobby Urges Easing Of Border Controls

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NHK
 
The head of Japan's biggest business lobby is urging the government to further ease entry restrictions on new foreign arrivals.
This comes after the government decided last week to raise the cap on daily entrants to 5,000 from 3,500 starting next month.
Speaking at a news conference on Mond...

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Kishida Says Government Ready To Consider Measures To Curb Gasoline Prices

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JAPAN TIMES
 
Prime Minister Fumio Kishida said Monday that the government is ready to consider every possible measure, including activating the so-called trigger provision for emergency curbs on gasoline prices, to cushion the impact of high crude oil prices.
“We will not rule out any option and...

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Japan's Record US$940 Billion Budget Set For Parliament Approval In March

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CNA
 
A key Japanese parliamentary committee on Monday (Feb 21) approved the government's record US$940 billion initial spending plan for the next fiscal year, setting the stage for the budget's full passage through the legislature in March.
Prime Minister Fumio Kishida is counting on the budget ...

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Japan To Develop Next-Gen Hydrogen Engine For Aircraft

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THE JAPAN NEWS
 
The Education, Culture, Sports, Science and Technology Ministry and the Japan Aerospace Exploration Agency (JAXA) will begin development of a next-generation aircraft engine that uses liquid hydrogen as fuel in fiscal 2022.
Hydrogen-powered aircraft that emit no CO2 may someday b...

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Cambodia, Japan Hold Joint Committee Meeting To Improve Investment And Business Environment

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KHMER TIMES
 
Sok Chenda Sophea, Minister Delegate to the Prime Minister, Secretary General of the Council for the Development of Cambodia, and Masahiro Mikami, Ambassador of Japan to Cambodia, chaired the 23rd Meeting of the Cambodia-Japan Joint Committee with the participation of Kong Vibol, Mi...

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Japanese Banks Brace For Anti-Russia Sanctions

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JAPAN TIMES
 
Japanese banks are rushing to collect information to assess the degree of impact from possible international sanctions on Russia on outstanding loans they have in the country.
Restricting transactions with Russian banks, including expelling them from the Society for Worldwide Interb...

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