Japan’s trade balance last year marked its first surplus in six years, according to the recently released Global Trade and Investment Report 2017 by the Japan External Trade Organization (JETRO). At the same time, the country’s outward FDI stood at record highs, while inward FDI from Asia to Japan continued to grow. Global trade declines 3.1%, downturn for two straight […]
By Frank Piller, General Manager Products at TÜV Rheinland Japan Protecting the environment, conserving energy and reducing carbon emissions are global challenges. In Japan too, various sectors, including the government, are aggressively addressing these difficult issues. The Japanese government has recently introduced a variety of measures to reduce energy consumption at home, in order to promote energy conservation by […]
Remarkably, in 1986 the mounting U.S. trade deficit in semiconductors with Japan even led to a trade agreement easing the situation. The Japanese semiconductor industry was expanding rapidly. Technologically, this was the outcome of the most successful of the so-called Big Projects I described in a previous article: The research association for the very-large-scale integrated circuit VLSI (1976-1980) helped push […]
In December 2015, the Japanese Government made two major announcements: The Japan Tax Reform 2016 and the signing of a revised tax treaty with Germany. What are the drivers behind the reform and the treaty revision and what impact will they have on doing business in Japan? Fiscal policies of the Japanese Government aim at growth and bringing forward Japanese […]
Tokyo – Japan Rubber Weekly (Gomu Hochi Shimbun) is launching an online edition in English today. This is the first time that a newspaper covering the Japanese rubber, tire and plastics industries makes its service available to international readers. “Today marks a new chapter in our history. Globalization makes the world a smaller place. Local audiences become global audiences. We […]
