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JAPAN
Jun 24, 2003

Decontrols seen leading to tuition hike

Roughly half of 92 national university presidents predict some form of tuition hike after their schools become independent administrative institutions in fiscal 2004 and are allowed to determine how much they will charge students, according to a Kyodo News survey.
Japan Times
JAPAN
Jun 13, 2003

Closed schools finding new leases on life

With schools closing left and right amid the nation's declining birthrate, necessity is forcing cash-strapped local governments to come up with creative ways to reuse such facilities, many of which are aging.
JAPAN
Jun 10, 2003

Disaster-wary firms get backup communications

A growing number of Japanese companies are adopting a satellite-based emergency backup communications system so they can continue some of their key operations in the event of a major earthquake or other terrestrial disruption.
EDITORIALS
Jun 6, 2003

What can revive insurance firms?

Deflation in Japan is taking its toll on life insurance companies. Since they make profits by investing policyholders' premiums and bank-supplied funds in stocks, bonds, real estate and other assets, they are more susceptible to falling asset prices and near-zero interest rates than companies in other...
Japan Times
BUSINESS
May 24, 2003

Jury out on new bank's prospects

A new bank proposed by the Tokyo Metropolitan Government appears to be good news for struggling smaller companies.
BUSINESS
May 22, 2003

JAL and ANA to get emergency loans

The transport ministry said Wednesday that the Development Bank of Japan will extend emergency loans to Japan Airlines System Corp. and All Nippon Airways Co. to help them overcome the adverse effects of the war in Iraq and severe acute respiratory syndrome.
BUSINESS
May 20, 2003

Banking selloff prompts further slide on the Tokyo Stock Exchange

Tokyo stocks fell for a third straight session Monday, with the key Nikkei average briefly dipping below the 8,000 line amid a banking sector selloff.
EDITORIALS
May 14, 2003

A landmark trade deal for Asia

The United States and Singapore last week concluded a free-trade agreement, the first ever between the U.S. and an Asian nation. The deal has political and economic significance, and holds out both promise and peril. While the FTA reaffirms the U.S. commitment to Asia, it could also constitute a threat...
COMMENTARY / World
May 14, 2003

Higher oil prices need not doom a nation to inflation

UBUD, Indonesia -- With high and volatile oil prices, it appears that a rough road is ahead for those countries with currencies that have become weaker relative to the U.S. dollar. Perhaps one of the biggest concerns is that Taiwan, as an importer of oil, may face a new wave of inflationary pressures...
Japan Times
BUSINESS
May 13, 2003

Fingerprint IDs touted as leading security option

Have you ever forgotten your PIN number when attempting to withdraw cash from a bank ATM? If so, you are a target user for fingerprint identification systems.
BUSINESS
May 7, 2003

Ripplewood to take over Asahi Tec

U.S. investment fund Ripplewood Holdings LLC will obtain a 51 percent stake in auto parts maker Asahi Tec Corp.
COMMENTARY
May 5, 2003

Rudderless world economy

From 1993 to 2001, the administration of U.S. President Bill Clinton based its policies on the Democratic Party's platform of compassion toward the underprivileged and tolerance toward dissent. In the past, this ideology had prompted Democratic administrations to try to legislate an end to racial discrimination....
BUSINESS
May 1, 2003

Industrial output rose 2.6% in '02; first time in two years

Japan's industrial production rose 2.6 percent in fiscal 2002, the first increase in two years, on robust output of automobiles and electronic devices, the Ministry of Economy, Trade and Industry said Wednesday.
BUSINESS
Apr 25, 2003

China seen as 'second engine' of growth for ASEAN nations

The rise of China as an economic power has been greeted with a mixture of fear and hope by member states of the Association of Southeast Asian Nations, according to Chia Siow Yue, a senior research fellow with the Singapore Institute of International Affairs.
BUSINESS
Apr 22, 2003

Mobile phone sales dropped 3% in 2002

Domestic mobile phone sales in 2002 dropped 3 percent from the previous year to 39.39 million units for the second straight year of decline, Gartner Japan Ltd. said Monday.
BUSINESS
Apr 22, 2003

Sony unveils huge chip investment plan

Sony Corp. said Monday its group will invest 200 billion yen through March 2006 to produce cutting-edge semiconductors being jointly developed by IBM Corp. and Toshiba Corp.
JAPAN
Apr 19, 2003

Swedish Honorary Consulate reopens

KOBE -- The Swedish Honorary Consulate in Kobe was reopened Friday, with Naoya Wada, president of machinery maker Kinki Industrial Co., appointed as honorary consul.
BUSINESS / JAPANESE PERSPECTIVES
Apr 14, 2003

Take heart! Japan can beat deflation, create jobs through 2010: JBF

People are becoming increasingly wary of the condition of the Japanese economy and uncertain of its future. Some media commentators and economists speak as if the economic slump is going to continue for another decade, or even another century.
BUSINESS
Apr 8, 2003

Post offices to aid in recycling PCs

Personal computer makers and the public postal corporation will join hands to recycle PCs starting Oct. 1, an industry group said Monday.
JAPAN / Media / MEDIA MIX
Apr 6, 2003

Selfishness and greed motor the American Dream

Watching the war in Iraq from the vantage point of Japan, you don't get as much of the propaganda-like white noise that accompanies the coverage if you're watching it from the United States or the Middle East. But that doesn't mean you get less information.
Japan Times
JAPAN
Apr 3, 2003

Hope for English advocates in special zones

The public education system has long been criticized for its uniformity as well as, according to academics and business leaders, its inability to improve the overall English-language skills of the Japanese people.
BUSINESS
Apr 2, 2003

946,000 high school, college graduates enter workforce

Around 946,000 graduates entered the workforce Tuesday, joining company welcoming ceremonies on the first day of the 2003 business year amid lingering concerns over the economy and the Iraq war, the labor ministry said.
BUSINESS
Apr 1, 2003

ANA to raise discount fares on domestic flights

All Nippon Airways said Monday it will raise its discount fares for domestic flights beginning in June to offset a deteriorating business environment amid the war on Iraq.
Japan Times
BUSINESS
Mar 25, 2003

Olympus utilizes camera prowess to corner endoscope market

First in a series of occasional articles about Japanese firms that retain a global competitive edge
Japan Times
JAPAN
Mar 20, 2003

Rash of theme park failures blamed on lack of vision, poor management

As large theme parks go bust across Japan, Tokyo Disneyland and its affiliate, Tokyo DisneySea, are exceptions, attracting more than 20 million visitors every year with the help of their innovative business strategy.
BUSINESS
Mar 11, 2003

Hitachi latest firm planning to adopt merit-pay system

In a move that may affect the entire manufacturing industry, Hitachi Ltd. plans to introduce a new pay system based entirely on job performance and abolish seniority-based annual pay hikes.
JAPAN
Mar 9, 2003

International schools to win equal status

The government plans to treat international schools like private domestic schools starting in April and give preferential tax treatment to donors to such schools, government officials said Saturday.

Longform

Ichiro Suzuki, one of the most iconic players in NPB and MLB history, was elected to the Baseball Hall of Fame with 99.7% of the vote.
With Hall of Fame induction, Ichiro makes himself heard loud and clear