Search Result for : Japanese Investments

The Dollar Business Bureau Japan on Thursday laid strong emphasis on varied avenues of the bilateral trade between India and Japan. “The two Prime Ministers resolved to transform the Japan-India Special Strategic and Global Partnership into a deep, broad-based and action-oriented one reflecting a broad convergence of their long-term political, economic and strategic goals,” said Masayuki Taga, Consul General of Japan in Kolkata. “This has indicated a broad convergence of long standing economic, political and strategic objectives between the two nations,” Taga said while addressing a session, organised by the Calcutta Chamber of Commerce. The Diplomat said that this is evident that the relations between Japan and India have significantly improved and strengthened in almost all the fields. Due to this, Japan has now ...

The Dollar Business Bureau The Social Security Agreement (SSA) that has been signed between India and Japan in Tokyo on November 16, 2012 will come into force with effect from this October, the Ministry of External Affairs said in a statement on Wednesday. According to the Agreement the SSA between India and Japan will improve the profitability of both Indian and Japanese companies. This agreement would benefit many skilled workers from India and Japan working in either of the countries and also attract more Japanese firms to invest in India. The SSA would prevent making double social security contributions. It would exempt the Indian workers who are on a short term contract in Japan, from making social security contribution there, if they are ...

The Dollar Business Bureau Many Japanese investors have shown keen interest to invest in the growth of the Indian infrastructure, Union Finance Minister Arun Jaitley said. Jaitley was speaking to the media on the first day of his six-day visit to Japan on Sunday. The minister’s visit is aimed to attract investments from Japan. SoftBank Group CEO Masayoshi Son met Jaitley and expressed interest in investing in companies related to the internet and the solar energy sectors. Jaitley said that there are many who would like to invest in the infrastructure sector of India. SoftBank is also looking to invest in some of the biggest solar power projects in the country. The company has formed a joint venture with Bharti Enterprises and Foxconn ...

Source: The Dollar Business Bureau    The rising yen dents Japan's export performance, which is likely to fall again in March, said Moody’s in its weekly outlook.  “Japanese exports are likely to fall again in March, illustrating the ill effects of the rising yen. The yen's prolonged appreciation will cause Japan to lose its export competitiveness, and overall profits to corporate Japan are set to fall,” said the credit rating agency, Moody’s. In February 2016, Japanese exports fell consecutively for four months, underlining the continuous weakness in the economy that declined in the last months of 2015. The exports fell 4% to 5703.4 billion yen in the month of February from 5940.8 billion yen than the previous year, greater than the market expectations of a ...

The Dollar Business Bureau In a move towards taking forward the Andhra Pradesh (AP)-Japan collaboration, Japanese-based Fuji Electric was said to have identified a site in Vijayawada, AP capital, for the smart grid project. An official confirmation in this regard was given by Fuji Electric Representative Director Yoshio Okuno, in a review meeting with the AP Chief Minister (CM) N Chandrababu Naidu, on Monday. In a meeting with the AP CM, Fuji Electric representatives report covered analysis on weather conditions, wind direction and correlation between weather and power demand in Vijayawada. The AP CM, who is on four-day visit to Japan, was said to have started off meetings firstly with Fuji Electric executives, where he was said to have reviewed the teams’ field ...

The Dollar Business Bureau In a move to increase its influence in the fast-growing Asian region, the Government of Japan is looking at investing in infrastructure development in the region over the coming five years. The Government of Japan is likely to invest US$100 billion in roads, bridges, railways and other building projects in Asia, said the reports on Tuesday. An announcement, in this regard, with respect to increasing Japanese investments in Asian infrastructure and loan assistance for Asian countries, is expected to be made by the Japanese Prime Minister, Shinzo Abe, on Thursday, said the Japanese News Agency. Through this investment, Japan is likely to prove its stance and build its profile in the Asian region by building high-quality ...