Search Result for : Shinzo Abe

The Dollar Business Bureau Japan’s GDP grew at just 0.3% during the third quarter, said the data released by the Japanese government, as the world's third largest economy witnessed an insufficient corporate spending and dwindling exports growth. The latest growth figures were lower than an earlier estimated growth rate of 0.5% during the July-September period. The weak GDP growth translates into an annual growth rate of 1.3%, falling way behind the market forecast of 2.3% expansion during the current year. There have been mixed sentiments in the market and among the economists, who said that although the country has been registering meager growth rate, the future prospects look better in the backdrop of a slow but steady recovery. They felt that although the economy is ...

The Dollar Business Bureau Amid the US President-elect Donald Trump’s continuous rhetoric to withdraw the United States from the Trans-Pacific Partnership (TPP) deal, Japan’s Prime Minister Shinzo Abe on Monday said the pan-Pacific free trade deal would become meaningless without the US’s participation. Speaking to the reporters at the gathering of TPP leaders in Lima on Saturday, Abe said there was no discussion at the meeting with respect to other members’ attempt to put the TPP into effect without the United States. "The TPP would be meaningless without the United States," Abe told reporters in Buenos Aires. Trump on Monday released a video, underlining the actions he would take on his first day in office on January 20, which included his withdrawing the United ...

The Dollar Business Bureau US President-elect Donald Trump and the Prime Minister of Japan Shinzo Abe had a candid discussion on the lines of their in-person meting which has been termed as casual briefing between the two leaders to strengthen the bond of trust. The details of the meeting have not been revealed due to its informal nature as Trump is yet to assume presidency yet. But Abe did highlight the fact that Japan will be able to maintain a “relationship of trust” after Trump becomes the President of the United States. It was the first in-person meeting of Trump with a foreign leader after winning the US Presidential elections last week. Trump has always been of the view that Japan should bear more ...

Source: PTI India’s recent agreement with Japan on developing environmentally-friendly nuclear energy for civilian use is the right step and will boost the country's renewable energy plans, the IEA said in Singapore on Friday. “We support India’s renewable energy plans, the building of solar industry hub in the country and its approach to nuclear as a civic energy source,” International Energy Agency executive director Fatih Birol told PTI after launching the 2015 medium term market report for coal in Singapore. Paris-based IEA is an autonomous intergovernmental organisation which works to ensure reliable, affordable and clean energy for its 29 member countries and beyond. Birol said that India with its right safety policies will work out nuclear energy deal with the rest of ...

The Dollar Business Bureau    India and Japan on Saturday inked more than a dozen of key agreements in the areas including bullet train, defence, civil nuclear energy and healthcare and expressed their commitment to further bilateral economic cooperation. Japan’s Prime Minister Shinzo Abe, who is on a three-day visit to India, held bilateral talks with the Prime Minister Narendra Modi and discussed a range of domestic, economic and global matters of mutual interest. “The memorandum we signed on civil nuclear energy cooperation is more than just an agreement for commerce and clean energy,” Modi said addressing the media after the meeting. The agreement in defence was aimed at enhancing defence and security cooperation between the two nations by exchanging and ...

Source: PTI    India is set to sign a deal with Japan this week on the country's first bullet train, with Tokyo financing the bulk of the high-speed-rail project between Mumbai and Ahmedabad through a $8-billion loan, a leading Japanese business daily reported on Tuesday. Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe will issue a joint statement on the deal on Saturday during latter's visit to India, The Nikkei reported. Abe will convey an offer of more than $8.1 billion in official Japanese lending for the roughly $14.6 billion project to link Mumbai and Ahmedabad with 505km railway line, it said. “The two sides are discussing financing terms that would disburse about 100 billion yen a year over ...

The Dollar Business Bureau In an attempt to foster Prime Minister (PM), Narendra Modi’s ‘Make In India’ policy, India and Japan on Thursday signed an action agenda for investment and trade promotion in New Delhi. The action agenda was signed by the Commerce Minister Nirmala Sitharaman and Japanese Minister of Economy, Trade and Industry, Yoichi Miyazawa for India-Japan investment and trade promotion and Asia-Pacific economic integration. Sitharaman said that signing of action agenda was in line with Prime Minister Modi’s vision of ‘Make in India’. She expressed satisfaction on the progress of trade relationships between India and Japan and said that, “excellent relations were building up between the two countries which would provide opportunity and potential for people in ...

 The Dollar Business Bureau | @TheDollarBiz Top businessmen in India are optimistic that Prime Minister Narendra Modi’s visit to Washington next week will yield greater results for bilateral trade and draw more investments into India compared to his recent meetings with Japanese Prime Minister Shinz Abe and Chinese President Xi Jinping. In a survey conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), about 77% of the 261 top Indian corporate leaders who participated in the survey said that they expect tangible results from the Modi-Obama meeting slated for September 29-30, 2014. The other 23% are perhaps cautious considering that USA’s perceptions of Modi have been less than impressive in the past. However, things have changed ...