Sony executives give up bonuses

Dozens of Sony executives including the firm’s chief are foregoing bonuses this year in an “unprecedented” step to atone for a slump in its embattled electronics unit, a spokeswoman said Wednesday.

Dozens of Sony executives including the firm’s chief are foregoing bonuses this year in an “unprecedented” step to atone for a slump in its embattled electronics unit, a spokeswoman said Wednesday.

Japan’s ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.
Banking on the rising affluence of the Philippines’ middle class, Japanese retailing giant FamilyMart Co. Ltd. unveiled Monday an aggressive expansion program that will see the convenience store chain open up to 40 new stores around Metro Manila this year.

The EU and Japan begin a first round of talks Monday on one of the world’s biggest free trade accords, part of a push to boost growth and get their faltering economies back on track.
Philippine airlines remain banned from expanding their operations in Japan and South Korea, despite the country’s passing of the International Civil Aviation Organization’s (Icao) safety audit, which should have resulted in the lifting of restrictions on Philippine-registered planes.

Tokyo stocks lost early gains Friday morning as investors took their bets off the table in low-volume trade with many regional and overseas markets closed for public holidays, dealers said.

A Japanese company is hoping to win a big slice of Asia’s tuk-tuk market, it said Wednesday, betting battery-operated buggies could cut burgeoning city pollution.

Tokyo stocks opened 1.09 percent lower on Friday due to uncertainty over the Cyprus banking crisis and a higher yen.
The government has asked Japan and South Korea to lift their restrictions that block the expansion of local airlines following the International Civil Aviation Organization’s (ICAO) lifting of its negative rating on the country.

State-run National Electrification Administration has tapped the Japan International Cooperation Agency (Jica) for a technical cooperation project, which is aimed at reducing systems losses and improving the operational efficiencies of electric cooperatives.

The local unit of Marubeni Corp. has expressed interest in becoming a supplier of natural gas to the Philippines, once the government is able to put in place all the necessary infrastructure that will make such an undertaking feasible for the Japanese trading giant.
JAPANESE quick service restaurant Yoshinoya is beefing up its store network by about five times in the next three years.