China: Outbound Travel Ban effects Asian Destinations
Bangkok/Tokyo – A huge dependence on Chinese tourists sees many Asian countries reeling from China’s move to cancel outbound group trips indefinitely, as part of measures to control the spread of the deadly coronavirus. Among them are Thailand and Japan. The … Continue reading China: Outbound Travel Ban effects Asian Destinations
Abe and Xi start new era of cooperation
Beijing – Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping agreed Monday to step up cooperation for a “new era” of bilateral relations, showcasing a thaw contrasting sharply with Beijing’s fraught ties with the U.S. Xi greeted Abe … Continue reading Abe and Xi start new era of cooperation
Japan has world’s best passport
TOKYO — The Japanese passport was again named as the “world’s most powerful” by a British consultancy this year, but the Japanese themselves seem little interested in taking advantage, with only 23 percent holding passports — a sign that the … Continue reading Japan has world’s best passport
Panasonic selling chip-making biz to Taiwan
Osaka/Taipei — Panasonic is selling its loss-making semiconductor business to Taiwan’s Nuvoton Technology, leaving an industry that it first entered almost 70 years ago. The sale will close a chapter in Japan’s transition from a chipmaking powerhouse with a nearly 50% … Continue reading Panasonic selling chip-making biz to Taiwan
India: SoftBank’s next big crisis ?
New Delhi — In India, tech startups have been caught in SoftBank’s cycle of overfunding, bloated valuations and vague paths to profit. Some, sensing danger, have corrected course. Others may hold the seeds of the investment giant’s next crisis. (Nikkei)