Nissan Motor Co. On Friday, it will cancel its plan to build a $ 1.1 billion electric car battery factory in the Kyushu area of Japan, which represents the latest setback for the troubled car industry as it looks forward to restructuring its operations. The proposed lithium iron phosphate plant (LFP), which was announced in … Read more
Islamabad-In an attempt to enhance organizational cooperation across the border, Mrs. YouTaka Arai, the Japanese Consumer Affairs Commissioner (CAA), met with Dr. Kabir Ahmed Sidho, Chairman of the Competition Committee in Pakistan (CCP), on Monday to discuss joint initiatives in regulating the digital market and consumer protection. During the meeting at the CCP headquarters, Dr. … Read more
The bankruptcy files in Japan increased sharply in the fiscal year 2024-25, reaching 10,144 cases, the highest level in 11 years, according to data from Tokyo Shoko research. The number of bankruptcy cases grew by 12 % on an annual basis, with most sectors increasing in reporting the financial and transportation industries. Despite the high … Read more
The Mouse House contains a new captain that directs his ship in Japan. On Friday, Walt Disney unveiled the appointment of Tamotsu hiiro as a new administrative director in Japan. Tamutsu, who brings more than 35 years of corporate leadership experience for this role, will reports directly to Luke Kang, the head of Disney Pacific … Read more
The Japanese Ministry of Economy, Trade and Industry extended the production incentives program until 2025, while maintaining its 50 % cash discount on the qualified expenditures. This step continues in the momentum of Japan, which is highly promoted as a location, which was clear at the Tokyo International Film Festival last November. VIPO and the … Read more
Tokyo: Former Haruhiko Coroda governor, Japan, said that Japan should be suitable for “any misunderstanding” by US President Donald Trump that its central bank intentionally weakens the monetary policy. Trump said on Monday that he told Japan and China that it could not continue to reduce the value of their currencies, because doing this would … Read more
Japanese Prime Minister Shigro Ishiba said on Friday that he and the President of the United States Donald Trump agreed to leave matters in the exchange of foreign currencies to the financing ministers. Ishiba stated that, as in Trump’s first administration, discussions on the currency policy between the Japanese and American financial authorities will remain. … Read more
Karachi: The State Bank of Pakistan announces monetary policy on Monday, January 27, 2025. A statement issued by the State Central Bank said that a meeting of the Monetary Policy Committee (MPC) will be held at the State Bank of Pakistan on Monday, January 27, 2025 to decide on monetary policy. He added that Central … Read more
The State Bank of Pakistan (SBP) on Friday released the advance schedule of Monetary Policy Committee (MPC) meetings for the first half of 2025. According to the calendar, the central bank will hold four meetings between January and June. The first meeting of the Monetary Policy Committee is scheduled for January 27, followed by the … Read more
The National Bank of Pakistan (NBP) has achieved a significant regulatory milestone by ending two long-standing enforcement actions by the US Federal Reserve. This development represents a pivotal moment in the bank’s efforts to enhance compliance and governance across its operations. The Federal Reserve announced that the cease and desist order, which had been in … Read more