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Japan To Charge International Visitors A Departure Tax

  • Category:Tourism
USA TODAY
 
Leaving Japan will get a little costlier for travelers starting this week.
Japan’s National Tax Agency Ministry in Finance on Monday instituted the “International Tourist Tax” on most international travelers leaving Japan. It is widely known as the “sayonara tax.”
Airlines and cruise ...

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Japan's Tourism Industry Looks To LGBT Market

  • Category:Tourism
JAPAN TIMES
 
 
Japan’s tourism industry is looking for ways to attract LGBT visitors from overseas and take advantage of their tendency to spend more than average tourists.
Tourism-related businesses all over the world are “scrambling” to attract LGBT travelers, who have “considerable purchasing...

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Takeda Shareholders Agree To $60 Bil Shire Acquisition

  • Category:Tourism
JAPAN TODAY
 
TOKYO  -  Shareholders at Japanese drug giant Takeda on Wednesday approved a plan to buy Irish pharmaceuticals firm Shire in a deal worth around $60 billion, the biggest foreign takeover ever by a Japanese firm.
A group of rebel investors, including members of the founding family, t...

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Takeda Sets Vote Date, Aims to Close US$62 Billion Shire Deal Jan. 8

  • Category:Tourism
CHANNEL NEWS ASIA
 
Japan's Takeda Pharmaceutical will hold an investor vote on its US$62 billion acquisition of Shire next month and aims to close the deal on Jan. 8, signaling its confidence in securing the required support.
LONDON: Japan's Takeda Pharmaceutical will hold an investor vote on it...

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Japan to Provide Loan to Help Malaysia Battle Debt Problem

  • Category:Tourism
WASHINGTON POST
 
TOKYO — The leaders of Malaysia and Japan agreed Tuesday that Japan will issue yen-denominated bonds of up to 200 billion yen ($1.8 billion) to help the Southeast Asian country battle its large government debt.
Japanese Prime Minister Shinzo Abe said Japan also will provide loan...

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Panasonic To Move UK Headquarters On Brexit fears

  • Category:Tourism
JAPAN TODAY
 
TOKYO - Panasonic plans to move its European headquarters from Britain to the Netherlands later this year over concerns about potential tax issues related to Brexit, a company spokeswoman said Thursday.
"We will move our European headquarters to the Netherlands," the spokeswoman tol...

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Will Japan’s Epic Tourism Boom Go Bust in the Coming Years?

  • Category:Tourism
TOKYO BUSINESS TODAY
 
As anyone who is even remotely paying attention is already well aware, Japan is a nation that is currently experiencing an unprecedented tourism boom. Since about 2013, the annual total number of foreign visitors has continued to smash the record set just the previous year....

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Global Economy / Japan Competing With Asia For Labor

  • Category:Tourism
THE JAPAN NEWS
 
How should Japan respond to labor shortages resulting from a declining population and graying society? Utilizing foreign workers is one of the government’s strategies. However, economic growth and declining populations are also expected throughout Asia. It appears doubtful that t...

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Climate Change Threat Sends Key Coffee on Bean Hunt

  • Category:Tourism
THE JAPAN NEWS
 
TOKYO/JAKARTA (Bloomberg) — Coffee lovers beware. Climate change is threatening supplies of high-quality beans with one Japanese coffee house hunting for the perfect bean to withstand the warmer conditions.
Tokyo’s Key Coffee Inc. is testing 35 varieties of Arabica trees in Indon...

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Japan Logs Largest Current Account Surplus in Decade in FY 2017

  • Category:Tourism
JAPAN TODAY
 
TOKYO - Japan ran its largest current account surplus in a decade in fiscal 2017 on the back of increasing overseas earnings, government data showed Thursday.
The country logged a surplus of 21.74 trillion yen ($198 billion), up 3.4 percent from a year earlier, despite the rising co...

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