UK’s chief Brexit negotiator Lord Frost probably afforded himself a smile this week as news came…
Japan
Business news and investment opportunities in Japan
STATS
Source: World Bank
Currency: Japanese yenGDP: 4.971 trillion USD (2018)
GDP per capita: 39,289.96 USD (2018)
GDP growth rate: 0.8% annual change (2018)
Gross national income: 5.616 trillion PPP dollars (2018)
GNI per capita: 44,380 PPP dollars (2018)
Internet users: 90.87% of the population (2017)
Suga to invest billions in Japan’s digital agency
New Japanese Prime Minister Yoshihide Suga last week unveiled plans for the digital agency that will…
Buffett bets on Japan just as Abe bows out
Warren Buffett builds up stakes in Japan's five trading houses in the same week that PM…
Chile snubs China with Transoceanic Cable decision
Chile has chosen Australia as the final destination for the Transoceanic Cable, the first fibre-optic subsea…
SE Asian and Chinese manufacturers perk up
Chinese manufacturers and theirJapanese and South Korean counterparts continued their recovery from the fallout of the…
Hong Kong crisis makes Tokyo walk the line
Japan wants to use the Hong Kong crisis to persuade its bankers to mover to Tokyo,…
Boom time for domestic tourism?
Domestic tourism: At first sight, logic would suggest that those countries who have led the race…
Russia offers Japan bridge to Trans-Siberian Railway in Far East investment charm offensive
The prospect of being able to travel from London to Tokyo without risking wet feet was…
Work starts on India’s high-speed bullet train as rail network crumbles
India’s dream of enjoying the benefits of high-speed bullet transportation came one step closer to reality…
Asahi agrees to pay $7.81bn for SAB Miller’s East European brands
Asahi Group Holdings, the Japanese brewer and soft drinks manufacturers, yesterday agreed in principle to acquire…
Japan looking to hook Hokkaido up with Trans-Siberian Railway
Japan is considering joining forces with Russia to build an extension to the Trans-Siberian railway to the islands…
Sakhalin 2 on agenda as Japan and Russia seal $1.3bn investment package
A number Japanese companies and banks are considering participating in the financing and construction of the third…
Asian budget carriers join forces to set up Value Alliance
Value Alliance: Eight of Asia’s struggling budget carriers – including Singapore Airlines Ltd.’s Scoot subsidiary and Thailand’s…
Japan and India look to team up to develop Chabahar as logistics hub
Japan and India are planning to team up to help develop Iran’s southeastern Chabahar port as a…
Russian ferry operator to launch Vladivostok-Shanghai ferry service
Vladivostok-Shanghai ferry service:The Baltic Sea ferry operator – Russia’s largest – is to launch a new cruise service that will run…
IMF ups forecast for Turkish economy to 3.8% amid global gloom
Turkish economy: The IMF yesterday revised its growth forecast for Turkey in the current year upwards from 3.2% to 3.8%, while downgrading…
German and Japanese firms pledge $4bn to Iranian petrochemicals
Iranian petrochemicals: The German Linde Group has joined forces with Japan’s Mitsui to put together a $4bn investment…
ADB-AIIB cooperation ‘win-win’ situation – Nakao
ADB-AIIB: Cooperation between the Asian Development Bank (ADB) and the newly-formed Asian Infrastructure Investment Bank (AIIB) will…
Japan on track to build first bullet train for India in $14.6bn deal
Bullet train for India: Japan is this week expected to be formally granted the rights to…
Japanese consortium to develop Turkmenistan’s Galknysh gas field
Turkmenistan has signed a framework agreement with a consortium of several Japanese companies for the development…
Trans-Pacific Partnership trade pact passes first hurdle
Trans-Pacific Partnership: At a meeting in Atlanta yesterday, the US, Japan and 10 other Pacific Rim nations signed…
Japan prepares to invest in Iran
Japan‘s Government is on the verge of entering into an FDI agreement with Iran, according to…
Russia invites Japan to co-develop disputed Kuril Islands
Russia would welcome Japan’s participation in its plans to improve living standards on the disputed Kuril Islands, Sakhalin’s…