TOKYO, Nov 22 (TV Asahi) –
The National Printing Bureau in Tokyo is testing whether supermarket cash registers, vending machines, ATMs, etc. can read new banknotes without problems ahead of issuance in 2024.
The National Printing Bureau in Tokyo is testing whether supermarket cash registers, vending machines, ATMs, etc. can read new banknotes without problems ahead of issuance in 2024.
Twenty-nine manufacturers are participating in the test, and they are proceeding with development and repairs in preparation for the start of issuance in the first half of fiscal 2024. The new banknotes have a new design with larger numbers, a watermark to prevent counterfeiting, and the world’s first 3D hologram, TV Asahi reports.
New banknotes put to the test
TV Asahi – Nov 22
The National Printing Bureau in Tokyo is testing whether supermarket cash registers, vending machines, ATMs, etc. can read new banknotes without problems ahead of issuance in 2024.
Japan retains stake in Russia’s Sakhalin 1 oil project
Japan Today – Nov 16
Japan has retained its stake in the Sakhalin 1 oil and gas project in eastern Russia, with a Japanese company receiving a 30 percent stake in a new Russian operator, Tass news agency reported Monday.
Japan Q3 GDP shrinks as high inflation, weakening yen bite
investing.com – Nov 15
The Japanese economy unexpectedly shrank in the third quarter, preliminary data showed on Tuesday, as worsening inflation levels and further depreciation in the yen severely undercut economic growth in the country.
Toyota joins other Japan companies to make next-generation chips
Nikkei – Nov 11
Toyota Motor and around nine other Japanese companies will team up with the government to launch a new entity to develop and make next-generation semiconductors, Nikkei has learned, aiming to establish manufacturing processes by the late 2020s.
Ferrari, Lamborghini and other supercar sales boom in Japan
theedgemarkets.com – Nov 09
Ferraris, Lamborghinis and other supercars are seeing an unprecedented sales boom in Japan, fueled by pent-up, post-Covid-lockdown demand from wealthy buyers, who also see the vehicles as good investments amid a weakening yen and soaring used-car prices.
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