Apr 9, 2015

Japan's ODA spending off 30.6% in 2014

Japan disbursed $15.630 billion under its official development assistance program in 2014, down 30.6 percent from the year before, the Organization for Economic Cooperation and Development said Wednesday. Among the 28 member countries of the OECD’s Development Assistance Committee, Japan was the fourth-biggest ODA ...

Cambodia inaugurates Japan-funded bridge across Mekong River

Apr 6, 2015

Cambodia inaugurates Japan-funded bridge across Mekong River

Cambodia on Monday inaugurated the Japan-funded Tsubasa Bridge across the Mekong River. During the opening ceremony in Neak Loeung, about 60 km east of Phnom Penh, Cambodian Prime Minister Hun Sen thanked Japan for its assistance. “Long live the friendship between Cambodia and Japan,” ...

Jan 30, 2015

New ODA policy raises risks

The Abe administration will soon endorse a new basic policy on official development assistance under which Japan may extend aid to the armed forces of developing countries provided the aid is used for nonmilitary purposes such as assistance in times of disaster.

Japan, China competing for construction projects in Asia

Jan 28, 2015

Japan, China competing for construction projects in Asia

Japanese firms are in a sales war against China in developing nations, where governments are eager to initiate major civil engineering projects. Railways, roads and electric power plants are essential for economic development. Japan’s own era of high economic growth after World War II ...

Nov 15, 2014

Japan and Caribbean nations agree to cooperate on UNSC reform

Foreign Minister Fumio Kishida and his counterparts from Caribbean nations agreed Saturday in Tokyo to bolster cooperation in pushing for reform of the U.N. Security Council next year, the 70th anniversary of the global body’s founding. Kishida also promised the foreign ministers of the ...

Oct 1, 2014

Consultants plead guilty to bribing Asian officials over ODA

The former president of a Tokyo-based consulting firm and two others connected with the company pleaded guilty on Wednesday to bribing officials in Vietnam, Indonesia and Uzbekistan to gain favor for Japanese-funded railway projects in those countries. Tamio Kakinuma, 65, and the others, former ...