| Asia Biz Forecast [NHK World, 28 & 29 June 2014] - ' Japan: Abe's growth formula + Korea: carmakers suffer from strong won' - (01|14) - "ABF-2014-06-28.nfo" yEnc (1/1) |
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| Danny Claude (antigel@synchronicity.com) |
2014/06/29 19:07 |
ABF-2014-06-28.nfo
NHK World website provides this description:
JAPAN: ABE'S GROWTH FORMULA
Prime Minister Shinzo Abe has unveiled his
long-awaited strategy for getting Japan's economy growing
again. It's Abe's second attempt to carry out painful
structural reforms - the first attempt last year failed to
impress the markets. The latest measures include corporate
tax cuts, overhauling corporate governance and a shake-up
for agriculture.
We ask the University of Tokyo Professor Motoshige Itoh if
Abe's plan can restore global competitiveness to the world's
3rd-largest economy.
KOREA: CARMAKERS SUFFER FROM STRONG WON
South Korean car market has long been dominated by a
domestic giant Hyundai Motor. But recently, it is losing
out to European carmakers which are making a great inroad
in the Korean market. This is mainly because strong won has
made imported car relatively cheap and fuel efficient
diesel vehicle, which Korean carmakers had not put much
effort into, is becoming more popular.
With Hyundai Motor striving to regain lost ground, the share
competition among domestic and foreign carmakers has never
been fiercer. Anna Jung reports from Seoul.
Report for file: ABF-2014-06-28 - Japan, Abe's growth formula +
Korea, carmakers suffer from strong won.m4v
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