Business / Trade in Japan
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CHINA, 2016/03/04
Before this month, Foreign Minister Julie Bishop visited Tokyo, where she outlined an increasing emphasis on security cooperation between Japan and Australia. The next day she was in Beijing, where she reportedly received a frosty reception. The two are not unrelated — Beijing is not thrilled about Australia’s growing security ties with Japan.
Because Australia is concerned about China’s increasing assertiveness in the region, but at the same time benefits from China economically, we find ourselves in somewhat of a foreign policy pickle. In this very complex situation, it is critical that Australian policymakers respond with both immediate and long-term outcomes in mind. To understand the long-term implications for Australia’s interests of policies drawing Japan and Australia closer together, we need to understand how Chinese policymakers view the world and China’s role within it.
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JAPAN, 2016/01/28
Japan's emperor said Tuesday that his country must remember the tremendous loss of life in the Philippines during World War II, as he and his wife embarked for a four-day visit to the Southeast Asian country.
"A lot of Filipinos, Americans and Japanese lost their lives in the Philippines during the war," Emperor Akihito said in a short statement he read before departing from Tokyo. "Particularly in the battle in Manila, a tremendously large number of innocent Filipino civilians were victims. Upon making this visit, we need to bear this in mind at all times."
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JAPAN, 2015/11/09
The transaction was struck last month next five years of tense negotiations, but continues to face fierce opposition. It as well must still be ratified by lawmakers in each member country and some of the nations involved need it to undergo a legal review. The full text is about 6,000 pages long. Critics argue the transaction is biased towards corporations, and does not cover climate change concerns, part other issues.
The long-awaited text of the landmark trade transaction called the Trans-Pacific Partnership (TPP) has been released to the public for the initial time. The text still has to be translated into the languages of the signatories. The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim nations, inclunding the US and Japan.
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JAPAN, 2015/08/03
Japan has one of the highest levels of deficit of any country in the world, and it is only growing. According to a recent statement by the International Monetary Fund (IMF), Japan’s national deficit will be three times the size of its economy by 2030 unless the government takes action presently to control its spending.
According to a story initial appearing in Forbes, as of today, Japan's national deficit runs at about 245 % of its annual gross domestic product (GDP). That equates to approximately 1 quadrillion yen (US$11 trillion). By comparison, the US national deficit for 2015 runs about US$18.2 trillion, or 102.6 % of GDP. While considered high, in general, it pales by comparison to Japan's deficit-to-GDP ratio of additional than twice as much.
In a statement by the IMF, it said of Japan's current staggering deficit that "Japan's public deficit is unsustainable under current policies ... A credible medium-term fiscal consolidation plan is needed ... [it] should aim to put deficit on a downward path."
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JAPAN, 2014/09/19
Regional, national and international leaders from government, business, academia and non-profit sectors will discuss innovation and entrepreneurship through international collaboration at the 2014 US-Japan Council (USJC) Annual Conference, "US-Japan Connections: Contributing to Increase, Security and Sustainability." It will highlight Hawaii's historical, cultural and strategic significance in the Asia Pacific, inclunding the importance of the US-Japan alliance and cross-cultural partnerships. The Conference will feature as speakers (the asterisk (*) denotes Keynote Speakers):
*Admiral Harry B. Harris, Jr., Commander, United States Pacific Fleet
*Marillyn A. Hewson, Chairman, President & CEO, Lockheed Martin Corporation
*Masami Iijima, President & CEO, Mitsui & Co., Ltd.
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JAPAN, 2014/02/20
- Mauritius and Japan on Tuesday signed an agreement under which Japan will finance the construction of a meteorological station and the installation of a high-power radar, at a cost of US$ 11.3 million
The transaction is to improve weather estimate on the Island.
The Japanese Management Division Director Katsuji Myata, and the Mauritian government Office's Secretary, Suresh Seebaluck, signed the agreement.
The Mauritian meteorological station Manager, Mahmad Beebeejaun, declared that the facilities would help the station to improve its weather estimate.
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JAPAN, 2014/02/08
Professor of International Business and International Affairs at George Washington University, is Managing Director of The Increase Dialogue.
Given the daunting challenges facing Japan, one can only admire Prime Minister Shinzo Abe's determination to end the country's two-decade-long period of economic stagnation. His strategy - the "three arrows" of massive monetary expansion, increased government spending, and structural reform - is theoretically sound. But only one and a half arrows have been launched so far.
The stimulus package is being offset by consumption-tax hikes aimed at reducing Japan's massive deficit burden - a process that will lead a lot of Japanese consumers to adjust their spending downward. The promised structural reforms of the energy sector, labor market, and competition policy have from presently on to be introduced, and appear unlikely to take result anytime any minute at this time. Even additional worrisome are larger immutable realities - like a rapidly aging and shrinking people - that will limit Japan's economic increase in the coming decades.
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JAPAN, 2013/10/23
Japan logged a record run of monthly trade deficits data showed Monday next the country's energy bill soared in September, but exports to China were buoyant next a territorial dispute a year before hammered request for Japanese goods.
A sharp decline in the yen has generally helped Japan's export picture, but the in general volume of shipments was still down last month while the country's energy bill remained high due to imports of pricey fossil fuels.
Energy imports surged next the 2011 Fukushima crisis forced the shutdown of Japan's nuclear reactors, which once supplied one-third of the country's energy.
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INDIA, 2013/06/16
For a long time, the partnership was centered on economic matters such as development loans, trade and investment . But it has diversified to cover a wide spectrum of interests inclunding security, counter terrorism, sea-lanes, UN reforms, energy security and climate change. This year’s bilateral summit in Tokyo reflects this trend.
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JAPAN, 2013/05/30
Mozambique and Japan are this week in Yokohama, Japan, due to sign a framework agreement on investments in the energy and mining sectors, Mozambican daily newspaper Notícias reported.
The agreement, which will be signed as part of the 5th Tokyo International Conference on African Improvment(TICAD V), to be held from 1 to 3 June, is intended to drive better Japanese investment in the energy and mining sector in Mozambique.
