Resurgance of Japan’s domestic cruise market
Tokyo – Two Japanese ships have completed short cruises to nearby ports in recent weeks. Both were operated under limited capacity and strict new policies for passengers and crew to prevent the spread of Covid-19. Mitsui OSK Passenger Lines’ Nippon … Continue reading Resurgance of Japan’s domestic cruise market
Toyota, Honda: Bright outlook on Chinese market
TOKYO – Japan’s two biggest car manufacturers, Toyota Motor and Honda Motor more than doubled their operating profit forecasts, helped by recovering demand in China as it rebounds from the coronavirus pandemic. While China’s trade friction and worsening ties with the … Continue reading Toyota, Honda: Bright outlook on Chinese market
Asian leaders determined to fight pandemic
TOKYO – Financial leaders from China, Japan, South Korea and Southeast Asia vowed to redouble their efforts to help the region recover economically from the novel coronavirus and to defend a multilateral system of trade and investment. “We will remain … Continue reading Asian leaders determined to fight pandemic
Japan: Carlyle Group to invest over 9.4 billion Dollars
eTOKYO – U.S. private-equity firm Carlyle Group plans to pour more than $9.4 billion into Japanese businesses over the next three to five years, anticipating new opportunities arising from the coronavirus pandemic. “Momentum toward reform at Japanese companies is picking … Continue reading Japan: Carlyle Group to invest over 9.4 billion Dollars
Coronavirus vaccine pre-orders top 5 billion
Hong Kong – Although none of the coronavirus vaccines under development has proved its efficacy yet in clinical trials, at least 5.7 billion doses have been pre-ordered around the world. First shipments of a Covid-19 vaccine created by Western laboratories … Continue reading Coronavirus vaccine pre-orders top 5 billion
Japan to build virus testing centers for foreigners
Tokyo – Japan plans to set up new coronavirus testing centers at three major airports in Tokyo and Osaka, as well as in central parts of the cities, as the country prepares to relax its travel restrictions, health minister Katsunobu … Continue reading Japan to build virus testing centers for foreigners
Travel Update for ASEAN, China, Hong Kong and Japan
Hanoi – Southeast Asia has fared better than most other parts of the world in reducing the spread of COVID-19. While international borders remain mostly closed in Southeast Asia, there are some promising signs that life is slowly returning to … Continue reading Travel Update for ASEAN, China, Hong Kong and Japan
Japan wants domestic travel restraints
Tokyo – The Japanese government requests its citizens not to travel between areas where the coronavirus state of emergency is in place and other locations once the measure is partially lifted, Economic and Fiscal policy minister Yasutoshi Nishimura said today. … Continue reading Japan wants domestic travel restraints
Japan searching for local mask producers
TOKYO – With Japan unable to secure more than a fraction of the millions of N95 masks it will need to fight the coronavirus pandemic, the hunt is on for domestic suppliers that do not produce them in China. The … Continue reading Japan searching for local mask producers
Japan: SoftBank books loss of USD 16.7 billion
TOKYO – SoftBank Group expects to book a loss of $16.7 billion on its investments at its Vision Fund, the world’s largest vehicle for tech startups. The losses announced Monday in effect wipe out the gains that the nearly $100 billion … Continue reading Japan: SoftBank books loss of USD 16.7 billion