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Japan's ANA Lines Up Low-Cost Carrier In Bet On Post-COVID Tourism Boom

  • Category:Other
JAPAN TIMES
 
ANA Holdings Inc. plans to launch a new international low-cost carrier in late 2023 or early 2024, joining its rival Japan Airlines Co. in a bet on a revival in tourism as the impact of the COVID-19 pandemic fades.
ANA said on Tuesday the carrier, Air Japan, would fly mid-range inte...

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Japan Logs Biggest Current Account Deficit Since 2014 As Oil Import Costs Surge

  • Category:Other
CNA
 
Japan recorded its largest current account deficit since the start of 2014 in January as a jump in oil import costs offset gains in investment income, with continuing uncertainty due to the Ukraine crisis and COVID-19 pandemic.
The current account data highlighted the dependence of Japan's ...

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Bill Covering Handling Of Internet Data Adopted By Japan Government

  • Category:Other
JAPAN TIMES
 
The government on Friday adopted a bill that would mandate that businesses notify internet users when sending information on them to third parties, including browsing histories.
The bill is designed to protect people by creating rules on the handling of information that is currently...

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Japan's Honda, Sony Joining Forces On New Electric Vehicle

  • Category:Other
ABC NEWS
 
Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together
Sony Corp. and Honda Motor Co. agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday.
The plan is to bring together Honda...

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Japan To Release 7.5 Million Barrels Of Oil From Reserves, Says Industry Minister

  • Category:Other
CHANNEL NEWS ASIA
 
Japan will release 7.5 million barrels of oil from private reserves as a part of the coordinated release led by the International Energy Agency (IEA), its industry minister Koichi Hagiuda said on Friday (Mar 4).
The United States and other member states of the IEA on Tuesday a...

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Courtyard Nagoya Hotel Opens

  • Category:Other
THE JAPAN NEWS
 
A new hotel on the former site of The Yomiuri Shimbun’s Chubu Branch Office in Nagoya was officially opened Tuesday by the major U.S. hotel chain Marriott International Inc., Sekisui House Ltd. and The Yomiuri Shimbun.
At the opening ceremony of Courtyard Nagoya, Karl Hudson, Mar...

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Japan's Fourth-Quarter Capital Expenditures Growth Rises

  • Category:Other
JAPAN TIMES
 
Japanese firms increased spending on plant and equipment for the third consecutive quarter in October to December, as corporate sentiment got a boost from falling coronavirus cases and helped lift broader economic activity.
A solid recovery of business expenditures is likely to ease...

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Toyota To Close Japanese Factories After Suspected Cyber-Attack

  • Category:Event
BBC
 
Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack.
News site Nikkei, which first reported the shutdown, said supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production.
Japanese factories acc...

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Reclamation At Centrair Starts For Around-The-Clock Flights

  • Category:Other
THE JAPAN NEWS
 
NAGOYA — Land reclamation work in the waters west of Chubu Airport in Aichi Prefecture has begun for the construction of new runways that will enable around-the-clock flights.
The construction being carried out by the Land, Infrastructure, Transport and Tourism Ministry is schedu...

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‘Cat Economics’ A ¥2 Trillion Business In Japan

  • Category:Other
THE JAPAN NEWS
 
Cats have become a popular companion as people spend more time at home amid the prolonged COVID-19 pandemic, and manufacturers are taking advantage of the trend. In 2022, the economic effect of “Nekonomics,” or cat economics, is expected to reach almost ¥2 trillion.
Feb. 22 is Ca...

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