Tokyo's pressure on Burma to ease repression smooths the way for Japanese commercial gains

Article Abstract:

The Japanese government is planning to use its economic clout to obtain a commercial advantage for Japanese firms investing in Burma. Japan played a key role in the Burmese government's decision to free dissident Aung San Suu Kyi after several years of house arrest. Encouraged by this development, the Japanese government has promised Burma's leaders foreign-aid incentives and investments if they institute more political reforms. In response, Burmese officials have begun taking steps to welcome Japanese executives looking for business opportunities.

Foreign Economic & Financial Assistance, Analysis, Foreign economic assistance, International economic relations, Japanese foreign relations, Burmese foreign relations, Myanmar, Political reform

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Draft of bank-bailout law allows the weakest to fail

Article Abstract:

Japan's Ministry of Finance's proposed bank-bailout law designed at reestablishing confidence in the country's financial system by sinking public funds into ailing banks does not apply to insolvent banks. The ministry only wants to help banks that are suffering from short-term funding and capital woes. The proposed law would enable the government to invest public money amounting to 10 trillion yen, or $75.87 billion, to acquire shares in or make loans to banks.

Business Aid Programs NEC, Management, Domestic economic assistance

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Parliament approves series of bills to mop up banks

Article Abstract:

Japan's upper house of parliament has approved a series of bills to help the country's banking industry. The bills would help regulators inject 60 trillion yen in public money to ailing banks in efforts to relieve the credit crunch that the country is experiencing. The bills' ability to induce banks to lend are questionable as banks have capital adequacy ratios that are so low that the loans may not even allow them to clear the 8% international threshold.

Business Aid Programs, Finance

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