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Fumio Kishida Backs Bank Of Japan’s Ultra-Loose Policy Despite Yen Plunge

  • Category:Other
FINANCE TIMES
 
Prime Minister Urges Companies That Are Passing Cost Increases On To Consumers To Also Raise Wages
Fumio Kishida has signalled his support for the Bank of Japan’s ultra-loose monetary policy despite the yen’s plunge to its lowest level in real terms since the 1970s.
In an intervie...

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Honda To Launch New Transportation Service Utilizing Light Jets, Cars, Bikes

  • Category:Other
JAPAN NEWS
 
Honda Motor Co. plans to launch by the end of 2023 a transportation service dubbed MaaS (Mobility as a Service) that will utilize cars, motorbikes and its light plane, the HondaJet.
Because the HondaJet can operate at regional airports that lack regular flight services, the company h...

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Japan Business Group In Taipei Voices Support For Taiwan's TPP Bid

  • Category:Other
JAPAN TIMES
 
The Japanese business community in Taipei has voiced support for Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership free trade pact.
Takuya Mihira, chairman of the Japanese Chamber of Commerce and Industry Taipei, told a Friday new...

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Japan Eager To Welcome Tourists From Abroad Amid Cheap Yen

  • Category:Tourism
YAHOO FINANCE
 
It's hard to tell from his serious demeanor, but Akky International Corp. Chief Executive Hideyuki Abe can barely contain his excitement.
Foreign tourists are coming back, those money-laden visitors from abroad who used to flock into his colorful store in Tokyo’s Akihabara electro...

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Alcohol Price Hikes Add To Bars' Woes As They Adapt To Reopening Japan

  • Category:Other
JAPAN TODAY
 
For Kazuo Tachibana, a liquor store owner in Yokohama, the recent widespread price hike on alcohol looks like delivering another blow to a business already taking knocks.
"Customer spending has fallen from earlier this year, and many people seem much more hesitant to shop," the 81-y...

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Ministry Supports Bolstering Pharmaceutical Cooperation With Japan

  • Category:Other
ANTARA NEWS
 
The Industry Ministry  supports the strengthening of cooperation in pharmaceutical and medical device industries between Indonesia and Japan since the two industries are among the seven prioritized sectors in the Making Indonesia 4.0 roadmap.
The seven prioritized sectors are food a...

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Japan's Forex Reserves Drop By Record $54 Bil. Following Intervention

  • Category:Other
KYODO NEWS
 
Japan's foreign currency reserves fell by a record $54 billion to $1.238 trillion at the end of September, after the first intervention in 24 years to arrest the yen's rapid depreciation, Finance Ministry data showed Friday.
Among the reserves, securities, which include U.S. Treasuri...

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Japan Targets Farm Export Gains To Blunt Weak Yen's Pain

  • Category:Other
CNA
 
When Japanese Prime Minister Fumio Kishida vowed this week to wring more gains from the weak yen, which has become instead a source of economic pain, he was pinning his hopes on the likes of Soichi Yoshimura, 33, and his strawberry farm north of Tokyo.
Most Japanese farmers - like many othe...

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Energy Costs, Weak Yen Push Tokyo Inflation At Fastest Pace In 30 Years

  • Category:Other
JAPAN TODAY
 
Energy prices and a weak yen sent core consumer prices in Tokyo 2.8 percent higher in September from a year earlier, the fastest pace of increase in over three decades when excluding the effects of tax hikes, government data showed Tuesday.
The core consumer price index for Tokyo ex...

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Japan to Invest in Metaverse and NFT Expansion

  • Category:Other
COIN DESK
 
Prime Minister Fumio Kishida continued calls for Web3 technology integration.
Japan’s Prime Minister Fumio Kishida said in a policy speech on Monday that the country’s plans for investing in digital transformation include non-fungible tokens (NFT) and metaverse services.
The country h...

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