China overtakes Japan as expected this year's second-largest economy. For Japan, this need not necessarily be negative. On the contrary. With growing wealth of the Chinese created a new tourist clientele for the deflation-plagued Japanese economy, which shrank in 2009 by up to 6 percent. Especially for young Chinese Tokyo is considered hip city, perfect for shopping. (more…)
China's growth is Japan's rescue
The thing with the right bow
Toyota currently no day goes by without negative headlines. CEO Akio Toyoda tried on all fronts, the problem with the accelerator pedal jammed to explain. So he visited last weekend in Osaka, a retail business from Toyota, where are repaired daily piecework in the recalled cars. Average of 10 cars capable of the mechanics of an office to process per day. (more…)
From sleepy nest for players Mecca
A little more than 10 years, went over Macao in Chinese hands. The former Portuguese colony is within this time awakened from their slumber. Magnificent Casinobauten now dominate the cityscape. Macau has become the Las Vegas of Asia. Therefore, tourism has become a major revenue source. (more…)
McDonalds in Japan crisis
The fast food chain McDonalds is building massively in Japan. As reported by the “Daily Finance” that will close within the next 12 to 18 months, about 430 offshoots. McDonalds Japan has 3700 restaurants across the country. “These measures serve the customer experience and improve profitability,” it said in a brief press release from the company. (more…)
Japan Airlines is definitely at American Airlines
The Japanese carrier Japan Airlines on Tuesday announced that it now but not in the camp of Skyteam replaced and talks with Delta Air Lines has definitely stopped. JAL would continue working even more closely with the previous alliance partner American Airlines, and in February the U.S. Department of Transportation to jointly seek immunity from antitrust restrictions. (more…)
The merger of Kirin and Suntory has burst
Kirin and Suntory failed to agree on a merger that was announced on Monday. The two breweries had been negotiating since July 2009 on a merger, however, remained divergent views regarding the merger ratio and the role of the founding family of Suntory.”We have continued the conversation, because we were convinced that a merger would make an important contribution to the highly competitive world market to exist,” said Kazuyasu Kato, president of Kirin, after the failure of the negotiations. (more…)
Asia's thirst for beer
In 2008, Asia has overtaken Europe for the first time, and the largest beer market in the world is risen. Against the backdrop of strong economic growth in the region, Asia's share rose by 0.5 percent at global Beirkonsum to 31.7 percent, the Nikkei business daily reported, citing a report by Japanese beverage giant Kirin. (more…)
Goodbye France, Hello China!
The renowned Japanese department store Mitsukoshi is feeling the crisis. The company has announced plans to close its branch in Paris until September. Reason, the sluggish sales. This goes for the department store chain to the end of an era.The relatively small Parisian Mitsukoshi department store opened its doors in 1971. (more…)
Sony copied Apple
Not as successful technology company, Sony tried with a new sales model to bring his equipment to the people. Exactly the same as the competitor to Apple's own modern and multi-storey flagship stores bring the customers closer to Sony products.In Nagoya on the 13th March the first “Sony Store” opened its doors. (more…)
North Korea's economy is on the ground
North Korea economic situation seems to have deteriorated since the end of last year, a currency reform was carried out.South Korean media reported, citing the non-governmental organization “Good Friends”, the North Korean economy lies on the ground and in regions such as the province of South Hamgyeong many starvation deaths were reported. (more…)
