Cultural communications Outside Adventure Tourism is One Way to Unlock Regional Economies One reason I got into the inbound travel business after the 3/11 earthquake was the desire to do something socially meaningful after having experienced how easily a disaster can disrupt our lives. Terrie's Take Unemployment Disease as a Foreigner in Japan Japan's recessions are not tied to the employment numbers in the same way as they are in the West. Rather, there are deeper systemic problems caused by cultural and demographic problems here. Terrie's Take
Hands The green revolution 2.0 As the world continues to dump down oil barrels prices, searching for new political collaborations and resource alternatives, shutting down nuclear plants and reinventing itself towards a greener path ... The view from the Osaka Sky Observatory at night How to get free Wi-Fi in Osaka The best way to get free Wi-Fi in Osaka is to stay in a Wi-Fi enabled hostel or hotel. Surprisingly, you are more likely to get free Wi-Fi at the cheaper accommodation providers, like Hana Hostel or J Hoppers. Transferring Talent Transferring Talent Japan’s shrinking population is nothing new, and with one in three people set to be over 65 by 2025, it can’t be ignored. Simply put, the difficulty is in keeping the economy moving as the work force shrinks and the number of domestic consumers drops.

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Japan Buys Up US Treasuries

A victim of its own actions, yields on Japanese debt have been pinned near zero ever since the Bank of Japan embarked on its aggressive bond buying program. Europe isn’t much of an option too, as yields turned negative this year on the region’s own quantitative easing.

China Announces 2nd Rate Cut In 4 Months

On Saturday, the People's Bank of China announced that it will cut the benchmark deposit and loan interest rates by 25 basis points starting 1st March. That would put the one-year deposit rate at 2.5 percent and the one-year lending rate at 5.35 percent.

Greece Extends Lifeline

Eurozone finance ministers agreed to extend Greece’s bailout deal for another four months, provided it came up with a list of reforms by this week. Under the deal, Greece will still live under the EU/IMF bailout which Greek Prime Minister Alex Tsipras had pledged to scrap.

Crunch Time For Greece

This week, euro-area finance ministers prepare to reconvene in Brussels to try and break an impasse over financing Europe’s most indebted state, Greece.

How "Food Memories" Bring Travelers to Japan

A Surrey University paper discusses the concept of "food memories" and how past experience with a food significantly affects a tourist's attitude towards trying it again.

Sharp: How Not to Sell a Company in Japan. E-biz news in Japan.

Mr. Terry Gou, the CEO of Foxconn Technology Group (also known as Honhai) signed a JPY389bn deal to take control of Sharp, one of Japan's bedrock electronics firms.

Why is Chinese Per-visitor Spending Starting to Fall?

The Nikkei newspaper started running articles about the peaking of the inbound tourism income bubble, pointing out that since the end of 2015 there has been a downwards shift in per-visitor tourist spending.

How the Failure of Abenomics Leads to the Record Sales of Safes. E-biz news from Japan.

There has been a surge in cash hoardings, with an extra 6.2% ten thousand yen bills going into circulation last year, the highest jump in demand since 2002.

Why Expedia is Not Doing Well (Yet) in the Japan Inbound Market

The local operation of Expedia is very Japanese. However, like other "Japanified" foreign-firm branches, they have lost their ability to recognize and respond to external trends.