Japan’s tourism industry hardest hit by Corona
TOKYO – Japan’s tourism industry was one of the hardest hit by the coronavirus pandemic, which disrupted travel plans and forced the postponement of the 2020 Tokyo Olympics. The number of foreign visitors to Japan plummeted from a record 31.8 … Continue reading Japan’s tourism industry hardest hit by Corona
Japan: Government strategy to fight loneliness
TOKYO — With the first uptick in suicides nationwide in 11 years amid pandemic-linked restrictions, Prime Minister Yoshihide Suga has created a cabinet post to alleviate social isolation. Older Japanese unaccustomed to communicating online have become more isolated from the … Continue reading Japan: Government strategy to fight loneliness
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
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