Tag: Japan

Japan to ease curbs on short-term business travel with Vietnam – Yomiuri

A woman rubs her hands with sanitizer at a check-in counter amid the coronavirus disease (COVID-19) outbreak at Haneda airport in Tokyo, Japan June 4, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – Japan and Vietnam will allow short-term business travel with each other as they aim to boost their economies following travel curbs to rein in the coronavirus, the Yomiuri daily said on Saturday.

The pact, which will take effect by the end of October at the earliest, follows similar steps to ease travel restrictions to Singapore and South Korea, the paper added.

The new deal exempts business travelers from the usual quarantine period of two weeks, on condition they comply with rules such as taking virus tests.

The two nations are considering a joint official announcement of the measures on a visit planned for mid-October by Japanese Prime Minister Yoshihide Suga to Vietnam, the paper Yomiuri said, without citing

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Japan to tighten visa screenings of foreign students, researchers to prevent tech theft

Japan visa foreign students tech theft

By The Yomiuri Shimbun/The Japan News/ANN

TOKYO — In a bid to strengthen national economic security, the government has formulated a policy of more strictly screening visa applications from foreign students and researchers looking to study or conduct research at universities in Japan.

Lying behind the move, which will start the next academic year, is the apprehension that advanced technologies and information related to national security have been flowing to countries such as China through students and researchers studying abroad in Japan.

The government will build a system under which the National Security Secretariat and ministries, including foreign, justice, economy and defense, will share information concerning questionable persons. Such information will also be utilized by Japan’s embassies and other diplomatic establishments in charge of issuing visas. If these people apply for visas, the government may refuse to issue them.

The Foreign Ministry has had ¥220 million included in its budgetary

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Japan All Set to Resume Short-Term and Long-Term Business Travel with South Korea



a large passenger jet sitting on top of a runway


© Surabhi Shaurya | India.com News Desk



Japan and South Korea are all set to reopen short-term and long-term business travel as early as this week, the Nikkei Asia reported. This move is intended at helping Japan as well as South Korea’s economies which suffered a dent due to the COVID-19 pandemic. If travelers are visiting for a short-term, then they need not quarantine for two weeks and show proof of a negative coronavirus test along with a travel itinerary upon entering the other country reported the Japanese portal. And those who are willing to stay for the long-term can enter the country with a coronavirus negative along with two weeks of self-isolation. The arrangement is expected to take effect as soon as this month. Japan had shut its borders for travellers in the month of April due to the massive spread of Coronavirus and to curb the disease in
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Japan to restart business travel with South Korea – Nikkei

TOKYO, Oct 5 (Reuters) – Japan and South Korea are likely to agree as early as this week to restart short- and long-term business travel between the two countries, the Nikkei reported, in a move aimed at helping their economies following travel curbs due to the COVID-19 pandemic.

Short-term visitors will not need to quarantine if they show proof of a negative coronavirus test and provide a travel itinerary upon entry, the Japanese daily reported on Monday, citing unidentified government sources from both sides.

Long-term visitors will be able to enter with a test and two weeks of self-isolation, the Nikkei said, adding that the deal is expected to take effect as soon as this month.

The Japanese government hopes the move will also help improve ties between the two neighbours that have been strained by issues including compensation for forced wartime labour and export restrictions, the Nikkei said.

South

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Fugitive Carlos Ghosn Launches Business Initiative In Lebanon As Trial Starts In Japan

You can’t make this stuff up. The saga of fugitive Carlos Ghosn has just taken another turn. On the same day as the former Nissan CEO was appearing in public in Beirut for the first time since his January press conference to unveil a new business initiative for crisis-hit Lebanon, a Nissan employee was testifying in Tokyo that he helped former Nissan executive and defendant Greg Kelly find ways to pay Ghosn without fully disclosing his compensation. A close aide of Ghosn, Kelly was arrested at the same time as his boss in late 2018.

Now at face value, these two events do not appear to be connected. But when speaking of Ghosn, the man who found a way to beat Japan’s security measures and flee the country in a private jet, nothing is ever certain.

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Japan business sentiment perks up as hit from pandemic begins to ease

TOKYO (Reuters) – Japanese business sentiment improved in July-September from a 11-year low hit three months ago, a key central bank survey showed, in a sign the economy is gradually emerging from the devastating hit from the coronavirus pandemic.

FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production with new security and health measures as a step to resume full operations, during the outbreak of the coronavirus disease (COVID-19), at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp., owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020. REUTERS/Issei Kato

The data offers some hope for new Prime Minister Yoshihide Suga’s efforts to achieve an economic revival from the crisis and pave the way for hosting next year’s Tokyo Olympic Games.

The headline index

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Japan business lobby says Abe government can’t rely on nuclear energy

TOKYO (Reuters) – Japan’s use of nuclear power is unlikely to meet a government target of returning to near pre-Fukushima levels and the world’s No.3 economy needs to get serious about boosting renewables, a senior executive at a top business lobby said.

Police officers and security personnel stand guard at an entrance of Kyushu Electric Power’s Sendai nuclear power station, during a protest demanding for the stop of the plant’s restart, in Satsumasendai, Kagoshima prefecture, Japan August 9, 2015. REUTERS/Issei Kato/File Photo

Under Prime Minister Shinzo Abe’s energy policies, nuclear is supposed to supply a fifth of energy generation by 2030, but Teruo Asada, vice chairman of the Japan Association of Corporate Executives, said Japan was unlikely to get anywhere near this.

The influential business lobby has issued a proposal urging Tokyo to remove hurdles for renewable power amid the shaky outlook for nuclear power

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Nearly 36,000 Japan firms shut down business due to COVID-19

TOKYO (Reuters) – Nearly 36,000 Japanese companies have chosen to discontinue their business so far this year, mainly due to the hit from the coronavirus crisis and up sharply from a year ago in a sign of the pain the pandemic is inflicting on the fragile economy.



a group of people walking down the street: People wearing protective masks make their way at a business district in Tokyo


© Reuters/KIM KYUNG-HOON
People wearing protective masks make their way at a business district in Tokyo

The total number of companies closing businesses, without going through bankruptcy procedures, may top 53,000 by year-end. That would be the most since relevant data became available in 2000, Tokyo Shoko Research said on Wednesday.

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“With the pandemic expected to be prolonged, an increase in companies that discontinue business is unavoidable,” the think tank said in a report.

The number of companies that discontinued business stood at 35,816 from January through August, up 23.9% from the same period of the previous year, according to the

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Nearly 36,000 Japan Firms Shut Down Business Due to COVID-19 – Think Tank | Investing News

TOKYO (Reuters) – Nearly 36,000 Japanese companies have chosen to discontinue their business so far this year, mainly due to the hit from the coronavirus crisis and up sharply from a year ago in a sign of the pain the pandemic is inflicting on the fragile economy.

The total number of companies closing businesses, without going through bankruptcy procedures, may top 53,000 by year-end. That would be the most since relevant data became available in 2000, Tokyo Shoko Research said on Wednesday.

“With the pandemic expected to be prolonged, an increase in companies that discontinue business is unavoidable,” the think tank said in a report.

The number of companies that discontinued business stood at 35,816 from January through August, up 23.9% from the same period of the previous year, according to the report. That would make up roughly 1% of the 3.58 million firms in Japan.

Of the total, 31%

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Bank of Japan report likely to show improved business sentiment

A Bank of Japan quarterly report, due out Oct. 1, is expected to show an improvement in business sentiment in the country from its tumble due to the coronavirus pandemic earlier this year, economists said.

Sentiment may have recovered from the worst of its downturn but remains far from pre-pandemic levels, they said.

The central bank’s September tankan survey is likely to see the diffusion index on large manufacturers’ sentiment rise to minus 24, an improvement of 10 points from an 11-year low marked in the previous June report.

The reading was based on the average of forecasts from 15 private research institutes. The index is calculated by subtracting the percentage of firms reporting bad business conditions from that of those seeing good conditions.

The index on large nonmanufacturers’ sentiment is expected to rise by 8 points to minus 9, according to the average of the forecasts.

“The improvement is

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