Another 30 companies have also been identified under the program but the compensation for these firms has not been disclosed. Japan government would now pay companies to move factories out of China and establish them back at home or in other Southeast Asian countries. This move is part of a new programme to reduce dependence of manufacturing on China and to secure supply chains. According to a report in Bloomberg, 57 companies including facemask-maker Iris Ohyama Inc and Sharp Corp would receive Thirty other firms would receive money to move factories to Vietnam, Myanmar, Thailand and other Southeast Asian countries, stated the Ministry of Economy, Trade and Industry. It has not provided information on the compensation that would be extended to these companies.
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Leaving Japan: What You Need to Do Before You Move | Tokyo Cheapo
According to global search data, Japan ranks just behind Canada as the place most people want to work and live. A recent ranking by Remitly , a global money transfer service, revealed just how many people around the world want to live and work here. Interestingly, despite the coronavirus pandemic, there has been an increase in online searches on how to move abroad. And based on that data, Remitly found Japan is the second most popular country people want to move to. Out of search data collected from countries, Japan comes in just behind Canada, followed in order by Spain, Germany and Qatar, making up the top five countries on the list.
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Singapore welcomes Japan's move to include the Republic in discussions on the resumption of essential travel, and will work closely with Japan to make progress in this area, the Ministry of Foreign Affairs MFA said yesterday. The establishment of a reciprocal green lane between our countries will be an important and positive step forward towards restoring connectivity and facilitating essential business and official travel with the necessary public health safeguards. The statement came in response to media queries after Japan's Prime Minister Shinzo Abe announced on Wednesday that Japan will be looking at relaxing entry restrictions for business travellers from 12 Asian territories. Travellers need to self-quarantine for 14 days, pass a Covid test and avoid using public transport. Japan will also consider a similar framework for business travellers outside of these 12 territories.