Posts tagged Tokyo

Japanese Road Show to discuss opportunities in ASEAN

From 25-28 April 2012, the Economic Ministers from ASEAN countries and the Secretary-General of ASEAN will attend a road show in Sendai and Tokyo, Japan, to discuss opportunities for Japanese businesses looking for new opportunities in Southeast Asia.

During the road show, the Ministers will hold dialogues with politicians, bureaucrats and business leaders, participate in symposia, tour Japanese companies and factories, and visit the sites affected by the Great East Japan Earthquake.

Issues to be discussed include the overview and status of trade and investment in the region, and there will be a presentation on the prospects of ASEAN regional integration by the ASEAN Secretariat, ADBI and Denso International Asia, a Japanese company operating in Thailand.

The ASEAN Road Show aims at building strategic economic partnerships between Japan and ASEAN countries in public and private sectors and enhancing and promoting trade and investment in East Asia region. It is organized by the Economic Research Institute for ASEAN and East Asia (ERIA), with support from the Japan External Trade Organization (JETRO) and Tokyo’s ASEAN-Japan Centre.

For further details, please see: ERIA

Singapore the cheapest financial center for office rents


Singapore is the cheapest major financial center in which to rent office space, according to a study, making the city-state more attractive to business start-ups.

The study, published by consultants Colliers International, put Singapore’s average annual office rent at US$53.71 (S$75) per square foot, far below nearby Hong Kong at US$161.14 ($225).

Though the pace has slowed recently, Singapore’s office rental costs have continued to decrease. The first stage of the new Marina Bay Financial Centre (1.6 million square feet) is already fully leased, and another 6 million square feet of space is planned for the Central Business District.

Although Singapore’s position on the list was 24th most expensive, it remains cheaper than any other city regarded as a major financial center. The top three positions were filled by Hong Kong, Tokyo, and London’s West End.

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