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  ISSUE 16/2003

30 July, 2003  


"Finland has experienced one of its hottest July's in living memory this year, and no end seems to be in sight to the heat", reports the Finish news agency STT. According to the Finnish meteorological institute, the hot spells and thunders of July are expected to continue at least until the first week of August, when most of the country will still be enjoying temperatures of above 25C.

Sounds like sweet music in the ears of Finns "...enjoying temperatures of above 25C". In Japan, we have "enjoyed" a very cool July, with temperatures only occasionally rising above the 25 mark. But soon comes the heat, I promise you...;-)

August Luncheon Meeting

As Finland has decided to participate jointly with the other Nordic countries in the Expo 2005 Aichi, we will dedicate our August luncheon meeting to explain about the Expo and how companies can utilize this event to promote their business in Japan.

Date & Time:Friday, 22 August, 12:00-14:00
Place: Capitol Tokyu Hotel, Take Room, B2F [MAP]
Cost:7,000 yen (collected at the door)
Registration:by Wednesday 20 August
Akihiro Sawayama

Our main guest speaker is Mr. Akihiro Sawayama, Senior Regional Director at the Japan Association for the 2005 World Exposition. We will also get an update from the Embassy of Finland regarding the preparations for the joint Nordic pavilion at the Expo.

Furthermore Mr. Kunihiko Fukushima, Senior Project Manager at the Aichi-Nagoya International Business Access Center (I-BAC) will make a brief presentation on the activities of I-BAC, which is a non-profit organization established to provide business support for nations participating in the Expo.

To register, please click link at right.
The Annual North America-Europe Golf Challenge in Japan
DaimlerChrysler Cup

The first annual North American-Europe Golf Challenge in Japan, the DaimlerChrysler Cup, organized by the American Chamber of Commerce in Japan (ACCJ) and the European Business Community in Japan (EBC), will be played on Friday, 26 September at Atsugi Kokusai C.C. in Kanagawa prefecture.

This new exciting event will not only provide a new social activity for the Foreign Chambers of Commerce in Japan, but also provide a pleasant and congenial atmosphere for interaction between members of the chambers to widen their business network in Japan.

For futher information and registration, visit the dedicated website by clicking link below. Participation is restricted to 72 Europeans and 72 North Americans in this inaugural challenge. Note that participants will be accepted on a first-come-first-served basis and registration is through the web site only.

Sponsoring opportunities are also available, for details check the web site.

PS: FCCJ is heavily involved in organizing this event. FCCJ Board member and EBC Vice Chairman Erik Ullner and myself are two of the three members in the task force for the Cup. We have also created the web site, handle registrations and make all printed material.
Therefor we hope that FCCJ would also be well represented on the course. If you check the sponsor list we have already for this event, you could easily understand that there are many nice prizes to be won!

FCCJ News No. 27

We are now preparing the August issue of our printed newsletter, FCCJ NEWS. This will include a recap of our Autumn events, member presentation, company news, meeting reports, and much more.

If you have news from your company (e.g. changes in contact information, new staff, etc.) that you would like to convey to our readers, please drop us a line. Photos are also welcome!
Dead-line is Monday 4 August.
ACCJ, EBC and the Japan Subcommittee of the Chartered Institute of Arbitrators East Asia Branch Present
Arbitration and ADR in Asia: The Experts Report

Panelists: Peter Caldwell, Chartered Arbitrator and former Director, HIAC, Hong Kong; Michael Hwang, Senior Counsel and Chartered Arbitrator, Singapore; Jayavadh Bunnag, FCIArb, Chairman, Chartered Institute of Arbitrators Thailand Branch
Date & Time:Thursday, 4 September 12:00 - 14:00
Place: Century Court 10F, Roppongi/Tel: 3478-4100
Sponsor:Arbitration/ADR Task Force, Legal Services Committee (MY)
Co-sponsors:European Business Council Legal Services Committee and the Chartered Institute of Arbitrators East Asia Branch Japan Subcommittee
Cost:Members: 4,000 yen, guests: 5,000 yen
Registration:by Monday, 1 September

For more information and a registration form, please click link at right.
Japan Golf in Finland
If you happen to be in Finland (and play golf...) at the end of August, why don't you join the annual Japan Golf organized by Finnair, the Finnish-Japanese Chamber of Commerce and the Embassy of Japan in Finland.

The tournament is played on Monday, 28 August at the Masters Golf, Forest Course in Espoo. The first 60 to register will be accepted, registration dead-line is 15 August.

For more details and registration form, click link at right.
News from Finland

Finance ministry lowers Finnish GDP forecast

The Finnish finance ministry said on Tuesday it had lowered its growth forecast for Finland's gross domestic product in 2003 to 1.2 per cent from 1.8 per cent announced in the spring. Also, the 2004 growth estimate was pulled back, to 2.4 per cent from 2.9 per cent.
The ministry said it had decided to trim its predictions after poorer-than-expected economic development in the first half of the year. In addition, the ministry had heeded Statistics Finland's recent revision of GDP growth for 2002 to 2.2 per cent from their earlier tabulation of 1.6 per cent growth.
"The dip in GDP experienced in Finland in the spring seems to have bottomed out during late spring and early summer months," the ministry said.
Grin of the week

REALLY Important Person

The Pope had just finished a tour of the East Coast and was taking a limousine to the airport. Having never driven a limo, he asked the chauffeur if he could drive for a while. Well, the chauffeur didn't have much of a choice, so the chauffeur climbs in the back of the limo and the Pope takes the wheel.

The Pope starts accelerating to see how fast the limo could go. Well, he gets to about 180 km/h and, WHAM! There are the blue lights of the State Police in his mirror.

He pulls over and the trooper comes to his window. Seeing who it was, says "just a moment please I need to call in."
The trooper radio's in and asks for the chief. He tells the chief "I've got a REALLY important person pulled over and I need to know what to do."
The chief replies "Who is it, not Ted again ?"
The trooper says, "No, even more important."
The chief replies, "It's the Governor, isn't it ?"
The trooper replies "No, even more important."
"It isn't the President is it?"
"No, more important," replies the trooper.
"Well, WHO the HECK is it!", screams the chief.
"I don't know" says the trooper. "But he's got the Pope as a chauffeur!"

That's all for now, drive carefully!

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 500 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 72 corporate members, 15 individual and one special member.