Germany overtakes Japan as third-biggest economy

Once forecast to become the world's biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade. Despite growing 1.9 percent, Japan's nominal 2023 gross domestic product in dollar terms was $4.2 trillion, government data showed, compared

New Year quake damage could cost $17 billion: Japan

The cost of the damage wreaked by a huge New Year's Day earthquake that killed at least 236 people in central Japan could reach $17.6 billion, a government official said Friday. The magnitude-7.5 earthquake and its aftershocks devastated parts of Ishikawa prefecture on the Sea of Japan coast, toppling buildings, ripping

Japan will continue to stand by Rohingya: Ambassador

Japanese Ambassador to Bangladesh Iwama Kiminori has said Japan will continue to stand by the Rohingya and work towards their voluntary, safe, dignified and sustainable returns to Myanmar and also assist Bangladesh and the host community. "As the crisis is turning into its sixth year, it is essential to keep the

Japan to provide $1,500m for Matarbari power plant

Japan will provide 217,556 million Japanese Yen (JPY) (approximately $1,500 million) more in 7th tranche under the 44th Japanese Loan Package (2nd batch) for the Matarbari Ultra Super Critical Coal-Fired Power Project. Under the project, 'Exchange of Notes' and 'Loan Agreement' for 7th tranche of Matarbari Ultra Super Critical Coal-fired Power

Bangladesh to allocate more space for Japanese industries: PM

Prime Minister Sheikh HasinaTuesday said that Bangladesh will allocate more space to Japan in export processing zones (EPZs) for setting up industries if they want. The premier said this as a Japanese delegation informed her that many companies of their country are interested to invest in Bangladesh. Sheikh Hasina said, "Bangladesh has

China’s anger at Japan is fuelled by disinformation

Rocks thrown at schools, threats of a boycott and hundreds of hostile phone calls - these are just some of the ways Chinese people have shown their displeasure with Japan in recent weeks. The catalyst? Japan's release of treated waste water from the damaged Fukushima nuclear plant into the sea. Scientists largely

Japan fly in under radar to make case for WC glory

Japan have flown in under the radar to become the team to beat, along with England, at the Women's World Cup and boasting the tournament's leading scorer in Hinata Miyazawa. The United States, the holders, and a European contingent led by continental champions England were touted as title contenders going

Japan seeks economic ties to help post-LDC Bangladesh

Japan has expressed its interest to have an economic partnership agreement (EPA) with Bangladesh to offer preferencial treatment in businesses even after the graduation to a middle income one. The visiting Minister for Economy, Trade and Industry (METI) Nishimura  Yasutoshi made the comment in a meeting with State Minister for Foreign

Groundhandling contract for Terminal 3 will go to Japan: CAAB

Groundhandling at Hazrat Shahjalal International Airport's brand new third terminal will be contracted out to Japan, according to the chairman of the Civil Aviation Authority Bangladesh (CAAB). Air Vice Marshal Muhammad Mafidur Rahman disclosed this during a dialogue organized by the Aviation and Tourism Journalists' Forum of Bangladesh, or ATJFB, on

Japan to provide $225m budget support to Bangladesh

Japan will provide 30 billion Japanese Yen (equivalent to $225 Million) as budget support to Bangladesh for economic recovery and strengthening public financial management capacity. The fund will be given under a "Development Policy Loan for Strengthening Public Financial Management". An "Exchange of Notes" and a "Loan Agreement" for the budget support