EU food exports to Japan soar after enforcement of free trade pact
Kyodo -- Feb 01
Food exports from the European Union to Japan increased sharply in the February to November period immediately following the entry into force of their free trade agreement last year, the European Commission said Friday.

Exports of wine to Japan in the 10-month period rose 17.3 percent from a year before while butter exports surged 47.8 percent, according to European Commission data released ahead of the Feb. 1 anniversary of the FTA taking effect.

The data also showed that the overall EU exports to Japan gained 6.6 percent while imports from Japan increased 6.3 percent, suggesting goods trade between the world's third-largest economy and the bloc has become robust since the launch of the free trade pact that covers nearly 30 percent of the global economy in terms of gross domestic product.

News source: Kyodo
Apr 01
The Japan Tourism Agency says the number of overnight stays by foreign guests in February was 40.4 percent lower than in the same month last year. (NHK)
Apr 01
Japan's retail sales in February rose 1.7% from the previous year to 11.2 trillion yen, the Ministry of Economy, Trade and Industry said Tuesday. Drugstore sales surged 18.9%, as consumers scrambled to buy face masks, toilet paper and other health and hygiene products in response to the new coronavirus outbreak. (Nikkei)
Mar 30
Masayoshi Son has been among the most fervent believers in the sharing economy, investing billions in startups that help people split the use of cars, rooms and offices. (Japan Times)
Mar 28
The Japanese government will create a special system to provide a one-year grace period for companies to pay tax and social insurance premiums due to the spread of the coronavirus, the Nikkei has learned. (Nikkei)
Mar 28
Supermarkets and convenience stores decided Thursday to stay open as usual in the coming days, after a request by Tokyo Gov. Yuriko Koike’s for residents in the capital not to leave home over the weekend. (Japan Times)
Mar 28
Mask prices in Tokyo’s densely populated 23 wards jumped 11.3 percent in March from a year before, reflecting supply shortages stemming from the spread of COVID-19, government data showed Friday. (Japan Times)
Mar 28
The parent of Japanese airline All Nippon Airways is looking into a roughly 100 billion yen ($920 million) syndicated loan from seven lenders as the carrier fortifies its balance sheet to cope with the drop-off in air travel demand. (Nikkei)
Mar 26
A day after the 2020 Tokyo Summer Olympic and Paralympic Games were postponed by a year, Tokyo's landmark Imperial Hotel began arrangements to release the several hundred rooms it had withheld for organizers of the games during the July-September period. (Nikkei)
Mar 26
The $6 billion that just walked out the door with the postponement of the 2020 Olympics is only the start of the hits Japan's economy will sustain this year. (Nikkei)
Mar 25
Some Japanese hotels saw March and April bookings drop as much as 90% year on year amid the new coronavirus outbreak, according to a survey conducted by the land ministry, as the tourism industry continues to teeter. (Nikkei)