Predictions for 2008 & Trends in Japan

NostradamusNostradamusBy Greg Lane -- Predicting the future is not really about looking forward. Without a crystal ball, the best we can do is study what has passed and use that knowledge and experience to anticipate what might happen in the future. While a neatly linear chart of sales can be estimated with the use of a ruler and a dotted line, predicting future events and trends is akin to attempting to predict the final destination of a speeding car by staring intently out the rear window. Adding to the difficulty of making any predictions about the year ahead is the truly unpredictable—the threat of earthquake, tsunami, volcanic eruption and typhoons to which Japan is eternally prone.

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Exclusive Interview: Romano Mazzucco

Romano MazzuccoRomano MazzuccoBy Peter Harris -- J@pan Inc talks to the President of the Italian Chamber of Commerce in Japan. -- The Italian chamber has roughly 170 members. Italian companies working in Japan come from a wide variety of industries. Our members come from some of the largest name Italian companies, Gucci, Armani, Lamborghini, Fiat and so on. We also have some hitech companies, legal services and many other kinds of smaller enterprises are represented.

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How Prepared Is Your Business for a Calamity?

Disaster RecoveryBy Hugh Ashton -- Say the words ‘disaster’ and ‘Tokyo,’ and the vast majority of us immediately think of earthquakes. But for one man, in charge of business continuity planning for the Tokyo branch of a leading European financial institution, disasters come in many shapes and sizes. All result in the inability to continue business as normal, and in Japan, more than anywhere else in the world, planning for disaster recovery and business continuity are necessities.

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Risky Business

Illustration by Simon RoznerBy Anna Kitanaka -- Political risks that could affect businesses in Japan. -- Japan’s past is full of political instability and military unrest. However, since the war Japan can be seen as a mainly peaceful country. Unable to engage in anything other than defensive military action under the constitution, Japan has been limited when it comes to involvement in wars and conflict. Yet the country is still at risk of political volatility and economic uncertainty. Here, we take a closer look at just some of the political risks the country faces today that have the potential to affect those with Japan-related financial or business interests.

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Living It Up in 2008

HouseBy Hirokazu Mukai -- Some guidance for real estate investment. -- Making an investment in real estate or another asset category as a foreigner can be a tough process. One of the most frequent questions I get asked by foreigners thinking of investing in assets in Chiba, or in other areas for that matter, is ‘how do I get the funds?’ If you don’t already have capital available, slowly but surely, it is actually getting easier to borrow money in Japan.

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Inside Out: Doing Business in Vietnam

VietnamVietnamBy Peter Harris -- J@pan Inc’s column concerning business opportunities outside of Japan. -- One of those to praise Vietnam’s entry into the WTO was Masayuki Karasawa, Chief Representative of the Japan Bank for International Cooperation in Vietnam who heralded the accession as a positive moment for global commerce. And little wonder given that Japan is one of the largest foreign investors in the country with its FDI totaling over US$8.8 billion and bilateral trade between the two countries reaching up to US$10 billion.

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European Patent Applications

Nick ReeveNick ReeveBy Nick Reeve -- Obtaining patent protection in Europe is currently an expensive proposition. A single European patent can cost between ¥2,500,000 (€15,000) and ¥7,000,000 (€45,000) to file and take through to grant. The final figure depends on many factors, particularly the European states where protection is required, with the fees for translations often taking up the lion’s share. Recent changes in the European Patent System promise to drastically slash these costs. For Japan, the top patent filing nation in the world, these savings could be a huge benefit.

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On The Rocks?

Illustration by Mike Sparrow - Japan's International RoleBy Adam P Liff -- Implications of recent domestic political developments for the US-Japan alliance -- The political drama ensuing from the opposition Democratic Party of Japan (DPJ)’s historic takeover of the House of Councillors this past summer continues to dominate newspaper headlines nearly six months later. The poster child for the consequences of the nascent power split between the upper and lower houses, which the Japanese media have creatively christened a ‘twisted Diet,’ has been none other than controversy surrounding the extension of the so-called Anti-Terrorism Special Measures Law (ATSML).

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Investment

Investment - Portable Pension Plans and Rogue AdvisersBy Chris Cleary -- Portable Pension Plans and Rogue Advisers -- Portable pensions plans are a means for people working abroad to build up a lump-sum for their retirement when their employment circumstances will not automatically provide them with a pension. This article looks at who such plans are suitable for and how they work. It also considers the pitfalls of such plans and the unfortunate issue of rogue advisers, along with the questions you should ask when considering taking out a portable pension plan.

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