Economic news(2023/01/17)
Logistics “2024 problem” Shippers should also work to improve efficiency National study group
2023-01-17 19:58:00
From April next year, regulations on overtime work for truck drivers will be strengthened, and in the logistics industry, there is concern that the volume of transportation will decrease, which is why it is called the "2024 problem." On the 17th, a national study group that discusses this issue approved an interim report that included legal provisions for companies on the shipper side and efforts to improve the efficiency of logistics.
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[Details] How high is the spring wage increase? What are Keidanren's policies and private sector predictions?
2023-01-17 18:27:00
With the price of daily necessities such as food and utility costs rising one after another, this year's "spring offensive" will soon start, in which both labor and management will negotiate wages and lump sums. Keidanren's basic policy was announced as a guideline for management regarding the spring labor offensive. Given the recent rise in prices, we are asking a wider range of companies than last year to positively consider raising wages. How far will wage increases spread in the midst of rising prices? What are the economists' predictions? I summarized the future of this year's spring battle.
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Yen exchange rate drop
2023-01-17 18:23:00
In the Tokyo foreign exchange market on the 17th, the yen exchange rate fell.
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Agricultural minister requests cooperation from Canada for stable supply of raw materials for chemical fertilizers due to soaring prices
2023-01-17 18:15:00
As chemical fertilizer prices continue to rise due to Russia's invasion of Ukraine and other factors, Minister of Agriculture, Forestry and Fisheries Nomura met with Canada's Minister of Natural Resources and asked for cooperation toward a stable supply of potassium chloride, a raw material for fertilizers.
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Stock prices rise sharply Receiving stock price rises in major European markets
2023-01-17 15:47:00
On the 17th, the Tokyo stock market and the major European markets saw stock prices rise, and the Nikkei Stock Average rose sharply.
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Development of plant-derived “alternative seafood” Responding to the food crisis To be sold in March
2023-01-17 15:45:00
In response to the global food crisis due to the shortage of marine resources such as fish, a major food manufacturer has developed a new "alternative seafood" using soybeans.
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Long-term interest rate to 0.505% Exceeding the upper limit of the fluctuation range of the Bank of Japan for 3 consecutive days
2023-01-17 14:14:00
In the bond market on the 17th, selling orders for government bonds swelled, and the long-term interest rate rose to 0.505%, exceeding the 0.5% limit set by the Bank of Japan for three consecutive business days. There is also a view that the Bank of Japan will move to revise monetary easing measures at the monetary policy meeting held from the 17th, and upward pressure on interest rates is increasing in the market.
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Spring labor offensive: Keidanren asks a broader range of companies for positive consideration than last year
2023-01-17 14:06:00
Keidanren's basic policy was announced as a guideline for management in this year's spring struggle. Given the rising prices of food and energy, we are asking a wider range of companies than last year to positively consider raising their basic wages.
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Bank of Japan's Monetary Policy Meeting from Today
2023-01-17 13:23:00
The Bank of Japan will discuss the direction of monetary policy and the outlook for prices at its Monetary Policy Meeting, which will be held for two days from the 17th. Markets are putting upward pressure on interest rates against the backdrop of speculation that the Bank of Japan will make further adjustments to its monetary policy following last month's move, and the central bank's response will be the focus.
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Arita/Shimotsu Mandarin Orange Producing Area for Globally Important Agricultural Heritage Sites in Japan
2023-01-17 12:20:00
The Ministry of Agriculture, Forestry and Fisheries has been using the mountain topography for more than 400 years to produce mandarin oranges as a candidate site for a Globally Important Agricultural Heritage System, which is certified as an area that engages in traditional agriculture and ecosystem protection. I chose the Arita/Shimotsu area in Wakayama Prefecture to work on.
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Long-term interest rate to 0.505% Exceeding the upper limit of the fluctuation range of the Bank of Japan for 3 consecutive days
2023-01-17 11:14:00
In the bond market on the 17th, selling orders for government bonds swelled, and the long-term interest rate rose to 0.505%, exceeding the 0.5% limit set by the Bank of Japan for three consecutive business days. There is also a view that the Bank of Japan will move to revise monetary easing measures at the monetary policy meeting held from the 17th, and upward pressure on interest rates is increasing in the market.
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Tighter regulations on drivers Logistics "2024 problem" Shippers also propose efficiency
2023-01-17 06:59:00
In April next year, regulations on overtime work for truck drivers will be tightened. It is called the "2024 problem" because of concerns about a decrease in transport volume in the logistics industry. It is a policy to propose that efforts be made to improve the efficiency of
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“Davos Conference” begins with theme “Shaft of divided global cooperation”
2023-01-17 06:04:00
The so-called "Davos Conference", where the world's political and business leaders gather, has started in Switzerland. On the 17th, international political scientist Ian Bremmer, who is known for his risk analysis, will serve as moderator, and a session will be held to discuss the direction of "globalization."
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Kansai Electric Power Unauthorized browsing of customer information of other companies Requesting reports on improvement measures Ministry of Economy, Trade and Industry
2023-01-17 04:53:00
The Ministry of Economy, Trade and Industry asked Kansai Electric Power and its subsidiaries to investigate the cause of the fraud and future improvement measures based on the law. I asked them to report it.
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Bank of Japan's Monetary Policy Meeting from Today
2023-01-17 04:25:00
The Bank of Japan will discuss the direction of monetary policy and the outlook for prices at its Monetary Policy Meeting, which will be held for two days from the 17th. Markets are putting upward pressure on interest rates against the backdrop of speculation that the Bank of Japan will make further adjustments to its monetary policy following last month's move, and the central bank's response will be the focus.
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