Investing in Japan
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JETRO Events: Symposiums
The following are some comments which some of the speakers made at the Japan Investment & Business Symposium 2006 in Singapore held on November 1, 2006.
| Opportunities in the "life style" market | |
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"The recovery of the Japanese economy is fostering strong consumption in Japan,
which would provide opportunities for Singapore companies in the service industry
to do business in Japan." Mr. Chong Lit Cheong CEO, International Enterprise Singapore |
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"The Japanese lifestyle services sector presents great potential for Singapore companies. Given their multi-cultural and contemporary concepts, Singapore companies can broaden and complement the lifestyle choices available to the Japanese consumer" Mr. Lee Yi Shyan Minister of State for Trade & Industry, Singapore |
| Opportunities presented by the Japanese consumer | |
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"There is new interest and acceptance of overseas brands by female consumers. People want to have the same experiences at home as they have had overseas." Mr. Takanari Shibata Director of Business Development, Japanese Market, PAN PACIFIC Singapore |
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"We made adjustments to our restaurant as we came to a better understanding of the cultural dynamics in Japan. We introduce new menu items regularly, as the Japanese palate appreciates constant variety" Mr. William Tan COO, Tung Lok Group |
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"Our successful reception confirmed that the Japanese like to try new things. You win a lady's heart, and you win the business" Mr. Adrin Loi Executive Chairman, Ya Kun International Pte Ltd |
| Opportunities in the regions | |
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"Recently, department stores such as Takashimaya have opened stores near residential districts, tailored to neighbouring resident's needs. Similarly, Japanese retailers are expanding into the regional areas in Japan" Mr. Mikihiro Sawamura Deputy General Manager, Takashimaya Singapore |
