Connect with us

Hi, what are you looking for?

News

Japan to ease border curbs for business travel

REUTERS

JAPAN is considering easing its COVID-era entry restrictions for visitors on short business trips, foreign students and technical trainee workers, the Nikkei reported without citing how it obtained the information.

The changes would shorten quarantine restrictions from 10 days to three days for those in Japan for short business trips or Japanese nationals returning from business trips, and could be announced as early as this week to take effect this month, the Nikkei said late on Monday. The policy changes would also allow new entrants such as foreign students and foreign workers in Japan’s technical trainee program.

Japanese officials didn’t give concrete comments on Tuesday on whether the country is set to ease restrictions. Foreign Minister Toshimitsu Motegi said Japan was looking at easing its border controls in stages while evaluating the infection and vaccination situation globally. The government’s top spokesman, Chief Cabinet Secretary Hirokazu Matsuno, said meanwhile it was under active consideration.

Shares of Japanese airlines rose Tuesday following the report. ANA Holdings, Inc. was up as much as 3.4% and Japan Airlines Co. as much as 3.1%, while the Topix index fell as much as 0.6%.

The island nation enacted one of the strictest border policies among developed nations during the coronavirus pandemic, effectively banning most foreigners from entering the country unless they already held a visa. Most of the Covid border restrictions have affected students and technical workers, the Nikkei said. Business lobbies and sectors affected by labor shortages had begun to call for the government to ease restrictions.

Tourists, who had been a key driver of growth in Japan before the pandemic, are still not allowed in the country. The Nikkei report said those travelers are not included in the easing of restrictions at this time.

Japan’s new coronavirus cases have seen a steep drop since its latest wave peaked in August. In the past week, the country was down to about 200 to 300 new cases per day, and on Monday the capital of Tokyo reported just nine new cases. About 72% of the country’s population are fully vaccinated. — Bloomberg

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

A worker of Ayala Corp’s Integrated Micro-Electronics Inc. (IMI) solders an automotive computer component part at an electronics assembly line in Binan, Laguna south...

News

MARI GIMENEZ-UNSPLASH THE NATIONAL Government plans to borrow P200 billion from the domestic market in July, the Bureau of the Treasury (BTr) said on...

News

SCOTT GRAHAM-UNSPLASH PHILIPPINE PRESIDENT Rodrigo R. Duterte has signed an order updating the list of investment areas where foreign ownership is limited or barred....

News

ETIENNE GIRARDET-UNSPLASH WHOLESALE PRICES of building materials in Metro Manila jumped to their highest in more than a decade in May as construction activities...

News

MAYNILAD Water Services, Inc. targets to distribute starting in July up to 10 million liters per day (MLD) of its “new water” or treated...

News

SOLAR Philippines Power Project Holdings, Inc. was able to forge contracts for at least 60% of the 10 gigawatts (GW) of energy capacity that...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Financial Advisors

The healthcare ecosystem is one that has thrived on the cusp of scientific progress, benefitting enormously from the winds of change in the technological...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.