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Seven & I Starts Work To Pick Buyer Of Dept. Store Unit

  • Category:Shopping
THE JAPAN NEWS
 
Retail giant Seven & i Holdings Co. started work on choosing a buyer of its department store unit, Sogo & Seibu Co., on Monday, the final day of primary bid submission.
Potential buyers may include investment funds, real estate companies and railway operators.
Based on proposals ...

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Japan Business Lobby Urges Easing Of Border Controls

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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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Japanese Hotels Target Long-Stay Guests Amid Coronavirus Pandemic

  • Category:Stay
THE JAPAN NEWS
 
Hotels that launched long-stay plans as part of efforts to increase occupancy rates amid the pandemic-triggered slump in travel demand have seen demand increase among people who want to self-isolate to avoid infecting family members, as well as among the intended target of teleco...

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Toshiba Sets March Date For Vote On Spin-Off Plan

  • Category:Other
JAPAN TODAY
 
Japanese conglomerate Toshiba said Monday it would hold an extraordinary meeting of shareholders on March 24 to vote on its plan to spin off its devices unit.
The ballot will not be legally binding but is intended to "confirm the views of our shareholders regarding moving forward", ...

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Prototype For Slow-Moving Automated Vehicle Tested

  • Category:Other
THE JAPAN NEWS
 
KOBE — Gekidaniino G.K. and other entities have released a prototype vehicle in Kobe for a low-speed automatic driving system that runs up to 5 kph. Gekidaniino G.K. is an Osaka City-based subsidiary of Kansai Electric Power Co.
It is possible to hitch a ride while walking, and t...

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