Sep 21, 2015

Eco-car subsidies to be scaled back in FY 2016

The industry ministry plans to scale down the existing subsidy program for purchases of eco-friendly vehicles from fiscal 2016, as such vehicles have become relatively common and prices have dropped, ministry officials said last week. In its fiscal 2016 budget request, the ministry asked ...

METI hopes 'Wonder 500' will catch on overseas

Aug 27, 2015

METI hopes 'Wonder 500' will catch on overseas


The industry ministry Thursday unveiled 500 undiscovered fine goods from rural areas that they will target for overseas promotion. Japan’s regional areas have many specialities created by small firms that have the potential to become popular overseas. But it is difficult for them to ...

Aug 24, 2015

Japan charts road to industrialization for Mekong region

Japan and the five Southeast Asian countries bordering the Mekong River adopted a blueprint Monday to boost industrialization in the subregion. The blueprint, known as “The Mekong Industrial Development Vision,” got the thumbs-up during a meeting between Japan’s Minister for Economy, Trade and Industry ...

Jul 8, 2015

Japan hopes to see biofuel flights running by 2020 Tokyo Olympics

The Japanese government held the first session of a public-private panel on bio-jet fuel Tuesday, aiming to realize biofuel-powered commercial flights in Japan by the 2020 Tokyo Olympic and Paralympic Games. The panel comprising representatives from government agencies, including the Ministry of Economy, Trade ...

Jul 3, 2015

Japanese government frets over low growth capability

The government is concerned about weak growth capability and profitability at internationally-active Japanese companies, compared with their foreign rivals, an annual report said Friday. It is necessary to make Japanese businesses more competitive through the concentration of management resources and the promotion of effective ...

Jun 22, 2015

Largest offshore wind turbine unveiled in Fukushima

A huge floating wind turbine for an experimental offshore power generation project was unveiled Monday at Onahama port in Iwaki, Fukushima Prefecture. With an output capacity of 7,000 kilowatts, the turbine is the largest piece of offshore wind power generation equipment in the world. ...