New foreign worker status raises hopes in industries short of staff

National Nov 9, 2018

New foreign worker status raises hopes in industries short of staff

The envisaged new status for foreign workers in Japan is raising hopes in industries facing severe labor shortages, such as the restaurant and manufacturing sectors. The new residence status "will help us hire more talented foreign workers," an official of a major izakaya (traditional Japanese ...

Business Jul 24, 2018

Japan's July figures point to slowdown in manufacturing sector

The manufacturing sector lost steam in July as demand for exports weakened. The monthly Nikkei Japan Purchasing Managers Index for manufacturers showed a preliminary reading of 51.6, the lowest since November 2016 and down from 53 in June. A reading above 50 indicates the sector is ...

Business May 29, 2018

Japanese investment in Myanmar soars to all-time high

Japanese investment in Myanmar reached an all-time high of about $1.48 billion in fiscal 2017 following the nation's transition from military to civilian rule in 2011, boosted by large-scale commercial complex and steel manufacturing projects. According to Myanmar's Ministry of Planning and Finance, Japanese investment ...

Business Mar 6, 2018

Japan urges U.S. to shun steel tariffs but makes no threats

Japan on Tuesday stuck to its low-key approach to threatened U.S. tariffs on steel and aluminium, reflecting a desire to keep trade fights from hurting security ties as well as lessons that have been learned on how to deal with President Donald Trump. The specter ...