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Started two years ago, I have been writing about future trends for the upcoming years. Last year, I wrote about the top 5 green trends for 2016 so I thought I would repeat the idea this year but I would throw a twist by mixing green with techie as it is what Fullcircle Innovations's newest site: Grendz.com is all about it.
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.
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.
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.
In the Inbound Travel sector, one of Japan's three distinct travel domains, the trends are being set by foreign companies trying to bring global best practices to Japan.
It was with some interest that we saw a press announcement put out by the government's Statistics Bureau several weeks ago that stated a whopping 3.06m Japanese switched their jobs in 2016.
Inbound visitors have transitioned from high-spending luxury travelers, and "once-in-a-lifetime" tourists, to a larger group of lower-value repeat visitors with naturally less money to spend on each trip.
It is a huge and very welcome surprise that the government may ban public smoking in enclosed spaces such as bars and restaurants, as early as next month (March, 2017).
Japan Travel KK signed a contract with Japan's largest bicycle rental company, DoCoMo Bike Share, for Japan Travel to become DBS' main (but not sole) marketing and sales partner for foreign inbound tourists.