The Japanese government, in its efforts to bring foreigners and foreign companies back to Japan, has recently floated a balloon that it will provide a 3-year fast track for new immigrants to get permanent residency (PR).
A popular destination in the Shibuya area over the weekend is the occasional clothing flea market held at the NHK-Yoyogi Park Amphitheater, with over 400 stalls selling tons (literally) of used clothing in good condition.
Extrapolating what future Japanese will look like in 100 years (let alone 100,000 years), our forecast is that thanks to tourism-begets-immigration, they will have huge foreheads, flat faces, and saucer-like eyes.
Seven Bank has once again suspended MasterCard, Maestro, and Cirrus cards, and so tourists looking to withdraw cash will be out of luck, unless they go to the post office or one of the few Citibank or Shinsei ATMs.
Economists reckon that 10% of employees (about 4.5m people) in Japanese companies are redundant, and if they could, companies would let that many go in order to increase productivity.
Japan Inc. Holdings assists foreign companies to set up in Japan, assisting with a wide range of situations, challenges, and solutions, so that the client's foreign head office management feel that they are in control.
There are a number of lobby groups in Japan that have been trying to hold back TPP, among them the medical, education, insurance, and legal sectors, but the one group with the greatest sway over TPP is the farming lobby.
Tuesday, June 26th, 2013, marks our final issue of the American Chamber of Commerce in Japan magazine, the ACCJ Journal, published since 2008 by Japan Inc. Communications.
In light of the daily onslaught of "feel good" news about Abenomics, those of us in business are starting to wonder when all the positive commentary will translate into actual improved sales and earnings in our own teams.
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