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Kishida Asks Firms To Achieve Larger Pay Hikes In 2024 Than This Year

  • Category:Other
JAPAN TODAY
 
Prime Minister Fumio Kishida on Monday asked Japanese firms to raise wages at a faster pace than this year, as the world's third-largest economy is at a crossroads in completely emerging from deflation.
"I'd like to seek your cooperation in realizing pay hikes that will exceed this ...

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U.S. TV Commercials to Promote Japan Scallops

  • Category:Other
JAPAN NEWS
 
Television commercials were set to be aired on U.S. news channel CNN starting Tuesday to promote scallops and other fishery products from Japan, Jiji Press learned Monday.
As China’s blanket import ban remains in place on fishery products from Japan over the releases of tritium-conta...

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Japan Government Lifts Economic Growth Estimates

  • Category:Other
REUTERS
 
Japan's government on Thursday slightly raised its economic growth projections for this fiscal year from its previous estimates, as external demand is likely to more than offset weak domestic consumption, the Cabinet Office said.
In the twice-yearly economic outlook, the real economic g...

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Samsung To Receive $140 Mil. Gov't Subsidy For Chip Facility In Japan

  • Category:Event
KYODO NEWS
 
South Korea's Samsung Electronics Co. will receive a subsidy of up to 20 billion yen ($140 million) to build a new research and development facility for advanced semiconductors near Tokyo, Japan's industry ministry said Thursday.
The provision of the subsidy for the facility in Yokoh...

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Japanese Officials Begin On-Site Inspection Of Daihatsu HQ

  • Category:Other
JAPAN TODAY
 
Japanese officials on Thursday started an on-site inspection at the headquarters of Toyota subsidiary Daihatsu, the transport ministry said, after an investigation found it had rigged safety tests and was forced to suspend all shipments of its vehicles.
The independent probe found t...

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US Steel To Be Bought By Japan's Nippon In $15bn Deal

  • Category:Other
BBC
 
Japanese steel giant Nippon has announced plans to buy US Steel in a deal worth nearly $15bn (£12bn).
The purchase would create one of the world's biggest steel companies outside of China and resolve questions about the future of the storied US firm.
It has been looking for a buyer since Au...

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BOJ Keeps Ultra-Loose Policy, Offers Few Hints On Exit Timing

  • Category:Other
REUTERS
 
The Bank of Japan maintained ultra-loose policy settings on Tuesday in a widely expected move, as the bank opted to await more evidence on whether wages and prices would rise enough to justify a shift away from massive monetary stimulus.
The central bank also made no change to its dovis...

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Test Flight of Flying Car Conducted in Osaka to Prep for 2025 Osaka-Kansai Expo

  • Category:Event
JAPAN NEWS
 
A test flight of a flying car was conducted by the New Energy and Industrial Technology Development Organization (NEDO) in Osaka on Monday as part of efforts to develop a safe flight management system for the 2025 Osaka-Kansai Expo.
A pilot flew the 2X — a flying car manufactured by ...

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Japan Airlines Accepts Maiden A350-1000

  • Category:Other
BUSINESS TRAVELLER
 
Tokyo-based Japan Airlines (JAL) has taken delivery of its first A350-1000 from Airbus’ delivery centre in Toulouse, France.
The A350-1000 is set to become the oneworld member carrier’s new long-haul flagship aircraft, initially flying on the Tokyo Haneda – New York JFK route...

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Indonesia Secures Japan's Backing for Jakarta MRT Expansion

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TEMPO
 
Japan has committed to continue funding for the expansion of the Jakarta mass rapid transit (MRT) east-west line project, whose groundbreaking is slated for August 2024, Foreign Affairs Minister Retno Marsudi informed on Saturday, December 16, 2023.
President Joko Widodo (Jokowi) held a b...

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