WHEN THE BANKING INDUSTRY COLLAPSES, WHAT'S THE REASONS AND WHAT CAN HAPPEN TO THE PEOPLE? - The collapse of a bank is a significant event that can send shockwaves through the financial system, often leading to widespread economic repercussions. It typically begins with underlying issues such as risky investments, high levels of bad debt, or mismanagement. When depositors lose confidence in the bank's stability, they might start a run on the bank, withdrawing their funds en masse, which can exacerbate the bank's liquidity crisis. …
BEYOND SHIRAKAWAGO: WHY HIGASHI-MINO IN GIFU SHOULD BE YOUR NEXT TRAVEL DESTINATION - As the countdown to the Osaka Expo 2025 begins, Japan braces for a surge in tourism. With an event that is set to draw millions of visitors from around the world, the accompanying challenge of overtourism looms large. In addition to Osaka, iconic destinations such as Tokyo, Kyoto, and Shirakawago that already struggle with the weight of their popularity, are bracing for a larger influx of travelers. This influx raises concerns about preserving the cultural …
Can Japan Become a Country “Chosen” by ASEAN? The Rising Importance of Economic Security -The Shared Future of Asia and Japan - On September 12, 2024, as heavy rain fell in Sihanoukville, a city in southern Cambodia, a ceremony was held to commemorate the completion of the expansion of the Sihanoukville Autonomous Port (PAS), a project that utilized yen loans from Japan. PAS is Cambodia’s only deep-water port and is used for 70% of the country’s marine container transportation. In 2023, around 800,000 TEU (Twenty-Foot Equivalent Units) were …
DISCOVER AUTHENTIC JAPAN IN HYOGO PERFECTURE Japan’s Hyogo Prefecture is arguably most famous for its succulent Kobe beef, which bears the name of the prefecture’s capital city. However, the expansive Hyogo, which stretches across Japan’s main island from the Seto Inland Sea in the south to the Sea of Japan in the north, offers a vast range of authentic experiences just waiting to be discovered. From the evolution of traditional food and sake, to samurai swords and castles, to Japan’s creation myths, Hyogo is the ideal place for visitors to ex…
BALI INTERNATIONAL CONVENTION CENTRE UNVEILS NEWLY REFURBISHED FACILITIES -The Bali International Convention Centre (BICC), one of Bali's most prestigious convention and event venues, proudly announces the completion of extensive renovations, further positioning it as a leading choice for MICE (Meetings, Incentives, Conferences, and Exhibitions) in Bali. This latest refurbishment enhances BICC's standing as a key player in Bali's thriving MICE hotel and convention scene, offering an unrivaled blend of state-of-the-art technology a…
CIRQUE DU SOLEIL DEBUTS 'AUANA. IT'S FIRST-EVER RESIDENT SHOW IN HAWAI'I =The Historic World Premiere at OUTRIGGER Waikīkī Beachcomber Hotel Celebrates Hawaiian Culture and Marks a New Dawn of Live Entertainment in Hawai ' i Cirque du Soleil premiered 'Auana, its groundbreaking first resident production in Hawai'i, to a sold-out audience at the OUTRIGGER Waikīkī Beachcomber Hotel on Tuesday, December 17 . A dazzling homage to Hawai'i's heritage and Cirque's iconic artistry, the show combines breathtaking…
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