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Toyota To Make 10 Types Of EV In Indonesia As Part Of Its $2b Investment Push Until 2025

  • Category:Event
JAKARTA GLOBE
 
Jakarta. Japanese automotive giant Toyota plans to introduce 10 electric vehicles to the Indonesian market over the next five years, as part of its $2 billion investment pledge to support the Southeast Asian country's push to develop a world-class electric vehicle industry and red...

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Nissan Employee Testifies Against American On Trial In Japan

  • Category:Event
AP NEWS
 
A Nissan employee testified Tuesday that he worked with another former Nissan executive, American Greg Kelly to find ways to pay the automaker’s former chairman, Carlos Ghosn without fully disclosing his compensation.
Toshiaki Ohnuma, a star witnesses for the prosecution, described to t...

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Over 500 Businesses In Japan Go Bankrupt Amid Pandemic, Including Many Eateries

  • Category:Event
THE MAINICHI
 
TOKYO -- The novel coronavirus is not only threatening the lives of people, but also the survival of small- and mid-sized companies and stores, with over 500 businesses having gone bankrupt since February, according to investigations conducted by private credit research firms.
The ...

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Mitsui OSK To Spend $9.4 Mil On Mauritius Clean-Up After Fuel Spill

  • Category:Event
JAPAN TODAY
 
TOKYO - The Japanese operator of a bulk carrier that leaked fuel off the Mauritius coast pledged Friday to pay at least $9.4 million to help restore areas affected by the spill.
Mitsui OSK Lines said in a statement that it planned "to contribute a total fund of about one billion Jap...

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Japan's Olympic Minister Vows To Hold Tokyo Games 'At Any Cost'

  • Category:Event
BUSINESS STANDARD
 
Japan's Olympic minister Seiko Hashimoto said on Tuesday that the Tokyo Olympic and Paralympic Games should be held "at any cost", trying to clear all doubts amid the second wave of Covid-19 pandemic and worries of policy changes by a new government.
"All the people involved w...

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Nissan's Carlos Ghosn Gone, American Kelly Faces Japan Trial Alone

  • Category:Event
BUSINESS STANDARD
 
 
His boss Carlos Ghosn escaped financial misconduct charges by fleeing the country, but another former Nissan executive is still awaiting trial in Japan: Greg Kelly.
Kelly's trial in Tokyo District Court is to open September 15, nearly two years after his arrest, and the same...

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Tokyo Olympics Won’t Provide Much Economic Growth For Japan

  • Category:Event
AP NEWS
 
TOKYO (AP) — IOC member John Coates, who oversees planning for next year’s Tokyo Olympics, has claimed the postponed games could help “kick start” Japan’s economy.
Japan has been devastated like many countries by the coronavirus pandemic and could be in a recession when the Olympics are...

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Japan's GDP Projected To Shrink Annualized 11% In April-June

  • Category:Event
KYODO NEWS
 
Japan's economy in the April-June period is projected to shrink an annualized real 11.08 percent from the previous quarter, marking the third consecutive quarter of contraction and the largest drop in over 11 years due to the coronavirus pandemic, according to a survey released Thurs...

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Japan Counts The Many Costs Of The Delayed Olympics

  • Category:Event
BUSINESS LIVE
 
The bill for a one-year postponement is expected to be $6bn, and the disruption is like a ‘kick in the guts’
Tokyo — Japan’s Olympic delay has upended years of careful planning by organisers and spawned costly headaches for small businesses, hotels and even pro baseball teams, com...

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Japanese Firms Struggle To Restart China Factories Amid COVID-19 Outbreak

  • Category:Event
JAPAN TIMES
 
Japanese manufacturers in China are facing challenges getting restarted after the extended Lunar New Year holiday because of restrictions on the movement of people and goods caused by COVID-19.
Mazda Motor Corp. planned to resume operations at a plant in Nanjing Wednesday but postpo...

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