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  ISSUE 15/2002

26 April, 2002  


This was a much better week, because we did not loose against the Swedes...(I am referring to the golf challenge reported in last weeks bulletin).
Actually we scored a victory... in the business confidence survey. Read more abot that below.
Today the World Icehockey Championships starts, let's see how we will put our faces next week...

Report from April Luncheon Meeting
A fast mover asks the Japanese to move faster...

The April luncheon meeting, attended by 28 members and guests, was held yesterday at the Capitol Tokyu Hotel.
Richard Collasse, gave a very enthusiastic presentations of his views on the challenges on the Japanese market and the importance of the EBC in improving market access for European companies.
According to Mr. Collasse, EBC is now a full-time partner to the government of Japan and the EU Commision; "They need our input, our views and our energy", he pointed out.
EBC is already an excellent tool, it just need some sharpening!

For more about the meeting, click link at right.

May Luncheon Meeting
Jaakko Iloniemi

Our May Luncheon meeting will be held on Tuesday 21 May (12:00-14:00) at the Capitol Tokyu Hotel, B2 Floor, Take Room.
On that occasion, our guest speaker will be a prominent expert and opinion leader on the Finnish economy and society, Minister Jaakko Iloniemi. His theme will be: "Finland's Economy and Future".

Jaakko Iloniemi was born in 1930 in Helsinki and graduated from Helsinki University as Master of Political Science in 1957, and was appinted Doctor of Political Science h.c. in 2000.
In 1994 he was awarded the honorary title of Minister by the President of Finland.
His distinguished career include:
  • 1965-1970 Director at the Ministry of Foreign Affairs
  • 1971-1972 Deputy Head of Finnish Mission to UN
  • 1973-1975 Ambassador a Chief Negotiator at the CSSE
  • 1977-1983 Ambassador to Washington D.C.
  • 1983-1990 General Manager and Board Member at Union Bank of Finland
  • 1990-1999 Managing Director of the Centre for Finnish Business and Policy Studies (EVA)
  • 2000-    Project Director, Millenium Prize, SITRA
  • 1997-    Chancellor, Order of the White Rose of Finland and Order of the Lion of Finland
Please note that we will collect the luncheon fee of 7,000 yen at the door and provide you with receipt. Note also that we have to invoice the lunch fee for cancellations later than 20 May and "no-shows".
To register, click link at right.
FCIG Business Confidence Survey - Report Luncheon
The survey was concluded yesterday with a total of 429 responses from members of the 13 chambers and business organizations that participated in the project. I would like to thank the FCCJ members who particpated in the survey, our response rate was an astonishing 89.2 %!
The results of the survey will be presented at a joint luncheon with members form all 13 organizations. Representatives for Embassies, EBC and the EU Commission, as well as the press, will also be invited.
Here are the details:
Date & Time:Wednesday, 15 May , 12:00-14:00
Place: Capitol Tokyu Hotel, 2F, White Pearl Room
Cost:7,000 yen (will be invoiced)
Registration:by Friday, 10 May, click link at right.
Come and listen to the opinions of the foreign business community in Japan on the developments in the Japanese economy, their own businesses and also views on the regulatory environment. To register, click link at right.
Finland Village
A small "push" for our sister organization; Finland Village.
As many of you know, this recreation, entertainment and seminar facility is located in Matsubara-ko, Nagano pref.
Most of the Finnish companies in Japan are members (shareholders) of the village, if you are not, please consider...;-). Naturally also Japanese companies that want to have access to a Finnish style resort in Japan, are welcome to join.

But even if you are not (yet) a shareholder, in case your company is a member of FCCJ, you could test use the village for member rates. There are still vacancies for the Golden Week, so if you have no plans for your days off, please consider. The golf courses around the village are open, click here for  Koumi RE-EX .

For more about the village, and booking situation and form, click link at right.

News from Finland
A knock for GDP
Nokia dominates the Helsinki Stock Exchange and is a major contributer to GDP. It's gloomy outlook of only 15 % growth during the upturn expected at the end of this year led forecasters to lower their hopes for the Finnish economy in 2002, Kauppalehti said. Nokia's whole year growth will now be only 4-9 %, which suggests Nordea Bank's GDP estimate of 2.8 % is over optimistic. Kauppalehti said other bodies such as ETLA, TT and PTT all admitted they may also have to shave their latest growth estimates, which have been around 1.5-2 %. PTT last week predicted 1.6 % GDP growth in 2002, but after Nokia's report it agreed that this may be too high.
Grin of the Week
NTT East to clean phone and internet access lines
Tokyo - April 26, 2002 - NTT East, a subsidiary of NTT, is preparing to join telephone companies throughout Japan in a nationwide "cleaning" of all phone and telecom lines this Sunday. "We do this about every 10 years," said Ken Suzuki, spokesperson for the National Telephone Association. "Over time, dust collects in the lines and this leads to weak connections and slow Internet connectivity."

To clean the lines all telephone companies will use air compressors at their central locations in each city to blow a blast of air through phone lines and cable networks. The 10-minute process will cause dust to blow through telephone receivers, faxes, and modems in homes and offices.

Suzuki explained that people are urged to set a plastic bag over their telephone's handset to catch the dust, or wrapped the handset with a cloth to keep dust from getting on their furniture. Mobile phones and other wireless devices are not affected.

That's all for now.
If you are in Japan, hope your employer have been kind to you and given you a long Golden Week holiday. But even if you just have a short one, or are outside Japan were they cannot afford to have Golden Weeks...;-),

Enjoy the weekend!

Best regards

Clas G. Bystedt

If you have any comments, rumors, gossip or inside information,
send it to: fccj@gol.com

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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 360 recipients among its members and related organizations.
FCCJ was established in April 1999 to promote trade and economic exchange between Japan and Finland and has today 71 corporate members.