Rolling out the barrel

Article Abstract:

Nippon Beer Co. is planning to import to Japan draft beer produced by Philippine-based San Miguel Corp. Shigeru Uchida, president of the company, said that the barreled beer will cost around 30% more than Japanese brands. He also admitted that the venture may be hard considering that the Japanese are not so willing to pay premium for Asian brands. Uchida, however, observed that San Miguel already has a presence in Japan and that its high brand recognition will off set the higher prices. Nippon Beer plans to import 280 barrels of San Miguel starting late in August 1998 for around 70 Japanese restaurants.

Comment:

Is planning to import to Japan draft beer produced by Philippine-based San Miguel Corp

Breweries, Imports, Beer & Ale, Nippon Beer Co., Article

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Dilemma of price control

Article Abstract:

Economists and policy makers in Japan are sharply divided over the use of targeted inflation to stabilize its troubled economy. The question of using such a measure has been brought up as the rest of the region looks to the country to lead its neighbors out of crisis. Proponents of targeted inflation believe that increasing prices would ease asset depreciation and stimulate people and firms to invest in new homes and increase spending on new facilities. Opponents of the measure fear that further depreciation of the yen could prompt China to devalue its currency and worsen the crisis.

Public Finance Activities, Fiscal Policy, Price & Wage Controls, Management, Economic policy, Inflation (Finance), Price control, Price regulations, Wage price policy, Inflation (Economics)

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Divergent job trends spur import boom

Article Abstract:

The overseas work forces of Japanese manufacturers rose 2.9% to 1.73 million in the first quarter as employees in Japan were cut, making the international work forces 70% as large as the domestic. Reverse imports of Japanese-made goods from overseas rose 19% from last year, and Japan's trade surplus is shrinking rapidly.

Labor force information, International economic relations, Employment Levels, Statistical Data Included, Manufacturing industry, Manufacturing industries, Employment, Statistics, Employment abroad, Overseas employment, International trade, International trade and employment

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