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‘Poor working conditions’ force 5,803 foreigners to flee Japan in 2015

Tokyo / DPA The number of foreign technical intern trainees who fled from workplaces last year reached the highest level ever at 5,803, greatly surpassing the previous year’s figure, according to a Justice Ministry survey. The government believes that poor working conditions have resulted in the incidents in many cases. To counter this situation, the government plans to take legislative ...

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BoJ fails to hire more women in management

Tokyo / Bloomberg The Bank of Japan (BoJ) has made no progress in increasing the proportion of women in management positions in the past two years. Women held 4 percent of management posts in 2015, which was unchanged from 2013, according to a comparison of a statement released Tuesday and one from 2014. The central bank, in the statements, said ...

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500 Startups to inject US$10mn in Vietnam fund

Hanoi / Bloomberg 500 Startups is starting a $10 million fund dedicated to Vietnam as the Silicon Valley venture capital firm founded by Dave McClure backs more of the country’s technology startups. Growing Internet use by its young population, where the number of mobile phones exceeds the number of residents, provides an attractive bet in the nation that gave rise ...

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