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Category Archives: Japan
TPP Agreement: a Flexible Solution for a Free Trade deal?
TPP (image source: cas.go.jp)
” The pact, agreed a month ago, comprises Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.
The deal now awaits approval by each of the dozen members’ legislatures — a potentially contentious and lengthy process.
The U.S. government began its process on Thursday, with President Barack Obama notifying lawmakers of his plan to sign the U.S.-led initiative.
Some provisions in the 1,500-page document allow for nations to renegotiate terms and rules in some cases after a certain period of time. Such conditional arrangements helped them to conclude more than five years of intensive talks last month.
The text also says multiple countries will relax visa requirements to let workers and their families relocate more easily.
One of the provisions in the text allows nations to discuss the bringing forward of phased tariff abolition at the request of partners.
The 12 countries will also “review within 3 years of entry into force (of the agreement) and at least every 5 years thereafter the economic relationship and partnership” among them and “consider any proposal to amend or modify” the pact, according to the text.
The Japanese government will remove tariffs on 95.1 percent of imported products, compared with the abolition of duties on nearly 100 percent of imported items by other members, as tariffs will remain for some agricultural products.” (The Japan Times)
The flexibility within the TPP agreement seems to have made possible an early deal for the 12 related countries. Maybe there is here some matter for thoughts for the EU-Japan FTA/EPA agreement under negotiation? What do you think?
Read more from: TPP Agreement: a Flexible Solution for a Free Trade deal?
Japan is going to the Moon!!
a Japanese Robot on the Moon?
Read more from:
Japan is going to the Moon!! and
Maido-kun humanoid robot to the moon
We need an update on the status of the Maido-kun project (a humanoid robot to be developed by SOHLA in Higashi-Osaka) but JAXA is definitely targeting the Moon! Which wonders will Japanese fine precision technologies deliver? What do you think?
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Japan is a hub for the Asian market
Japan as a gate to Asian markets
Act on Special Measures for the Promotion of Research and Development Business, etc. by Specified Multinational Enterprises
Act for Promotion of Japan as an Asian Business Center (Source: METI)
Key Investment Incentives are:
- Income tax breaks
- Assistance for fund raising
- Acceleration of patent examinations
- Reduction of patent fees
- Shortened investment procedures
- Acceleration of status of residency examinations
Read more from:
Act for Promotion of Japan as an Asian Business Center
http://www.meti.go.jp/english/policy/external_economy/investment/pdf/130612_01b.pdf
Also check “Incentives Programs – Investing in Japan”:
Incentives for promoting investment in Japan
Japan’s Retail Market still being a “mecca” for the other Asian markets, it is clear that the country is a gate to Asian markets for EU and US companies. What would be, according to you, other reasons for that?
A Robotic Village in Tokyo by 2020?
Robotic Village Tokyo 2020 (Source – Japan Science and Technology Ministry).
“Japan will use the 2020 Tokyo Olympics to showcase its robotics technology and give visitors a sense of a futuristic society where humans are waited on hand and foot by robots.
A committee of the science and technology ministry that was formed Sept. 15 proposed setting up a robotic village in time for the Games as part of an initiative toward a “universal future society” where robots and information technologies that assist humans regardless of age, nationality or disabilities are commonplace.” (The Asahi Shimbun)
More details from: A Robotic Village in Tokyo by 2020?
Will this cutting-edge Innovation be to the Tokyo Olympics 2020 what the “Tokaido Shinkansen” (Bullet Train) was to the first Tokyo Olympics in 1964? What can we expect to see? What do you think?
Congratulations – MRJ First Flight Live !!!
Press Release from Mitsubishi Aircraft Corporation & Mitsubishi Heavy Industries, Ltd.
“The First Flight Schedule of MRJ
Nagoya, November 10, 2015 –
三菱航空機と三菱重工が進める、日本初のジェット旅客機「ＭＲＪ（三菱リージョナルジェット）」の初飛行について、県営名古屋空港から離陸と着陸の様子をライブ中継いたします。
三菱航空機および三菱重工は、MRJ飛行試験機初号機の初飛行を、11月11日(水)午前に実施することとしました。
なお、飛行試験は、安全をすべてに優先させて実施し、今後の機体状況及び天候状況等によっては、予定が変更となる可能性もあります。
Mitsubishi Aircraft and MHI will broadcast the “MRJ (Mitsubishi Regional Jet) First Flight Live” streaming , especially the takeoff and landing from Nagoya Airfield, Japan.
Mitsubishi Aircraft Corporation and Mitsubishi Heavy Industries, Ltd. (MHI) today jointly announced that the first flight of the first flight test aircraft of the MRJ is scheduled to take place in the morning of November 11.
In implementing the flight test, utmost priority will be given to safety.The flight schedule is subject to change if deemed necessary due to conditions relating to the aircraft, weather, etc.”
Live webcast is scheduled at the following sites, to show takeoff and landing on the day of the first flight:
Website URL: www.flythemrj.com
Live webcast (USTREAM): http://www.ustream.tv/channel/NtahYVsFWxG
Looking forward to seeing that!
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Is SHARP in Danger?
SHARP LCD screens
SHARP losses over 4½ years top $10 billion !
“The maker of screens for Apple Inc.’s iPhones posted a loss of ¥83.6 billion in the six months ended September as the Chinese smartphone market slowed. Display sales dropped 15 percent.
Sharp has trudged from one crisis to another over the last four years after lower-cost Asian rivals undercut its core business making liquid-crystal display TVs. Banks accepted shares in the company earlier this year after it defaulted on debt payments, and it remains dependent on its main lenders Mizuho Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. for survival.
“The problem with Sharp is it doesn’t have a core business with which it can look to the future,” said Mana Nakazora, the chief credit analyst in Tokyo at BNP Paribas SA. “All it can do is shrink its operations further.” (The Japan Times)
Read more from: About SHARP Corp’s losses
Is exiting or spinning off Audio-Video/Electronics/SemiCon/Display businesses, together with diversifying into other/new business domains, the only option left to Japanese Manufacturers? What do you think?
Mass-Trans Innovation Japan 2015 (MTI Japan 2015)
Japanese MAGLEV (Magnetic Levitation) Trains
Hitachi’s trains (source: Hitachi.com)
<Announcement>
Mass-Trans Innovation Japan 2015 (MTI Japan 2015)
International Trade Fair for “Railways” Technology
Dates: November 11 (Wed.) – 13 (Fri.), 2015 10:00 – 17:00
Venue: MAKUHARI MESSE (Chiba, Japan)
According to the organisers:
“Mass-Trans Innovation Japan” is a comprehensive trade show specialised in railways technology in Japan.
The 3rd “Mass-Trans Innovation Japan” was held in 2013, and concluded with great success with 328 exhibitors and 19,221 visitors.
This trade show is expected to promote railway, its related industries, and active international exchange as well as to contribute to the development of industry and improvement of science technology.
Read more from: MTI Japan 2015
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