If this bulletin does not open properly in your mail reader, open http://www.fcc.or.jp/email/3108.html in your browser. FCCJ E-mail bulletin: ISSUE 18 * AUGUST 31, 2001

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  ISSUE 18

31 August, 2001  


Some you you, especially if you are in the same age category as me ("not-so-young"), probably feel that time is running faster and faster. Some years ago I felt that there were only Mondays and Fridays in the week (if you considered how much work you managed to do), now it feels like there are only first, and last days of the month.
Today is again the last day of the month, were did August go?

September Luncheon Meeting
Our September luncheon meeting will be held on Friday 21 September at 12:00 at Capitol Tokyu Hotel.
Our guest speaker will then be Sami Hilvo, First Secretary (Press & Culture) at the Embassy of Finland.
Mr. Hilvo will give us an insight in a subject which should be of interest to all of us; "The Image of Finland in Japan". His main task at the Embassy is to promote the image and understanding of Finland in Japan. And the better he does his job, the more will it support the efforts of all companies dealing with Finnish products and services in Japan.
Sami's contacts with Japan dates back to 1984-85, when he was exchange student at Rikkyo High School.

We will mail out invitations for this meeting next week, but in case you would like to register already now, click link to the right.

Report from August Meeting
Our August Luncheon was held on Tuesday 28 August at Capitol Tokyu Hotel.
An impressive number of participants, 40, took part in this event, were Marko Saarelainen, President of Honka Japan Inc. talked about The Finnish Log House Business in Japan.

For a report (how Marko is going to CUT their fair share of the market...) and images from this meeting, please click link to the right.

Autumn Schedule
Most of the events for the autumn season have already been fixed, here is a list of events that have confirmed dates:
  • Fri 21 September - Luncheon meeting, see above
  • Thu 18 October - Luncheon meeting, Mika Makinen, Elcoteq Japan: "Electronic component and EMS business between Japan and Finland."
  • Fri 9 November - FCCJ Golf Competition, Manna Country Club, Gary Player Course, Chiba pref.
  • Fri 16 November(tentative) - Luncheon meeting, theme and speaker to be confirmed
  • Fri 7 December - Scandinavian Christmas Party at Royal Park Hotel
  • Fri 14 December(tentative) - FCCJ Christmas Luncheon at Embassy of Finland

EBC Workshop: "Telecommunications Reform in Japan: Who Benefits?"
The watchword of the new Koizumi government is 'reform'. But for the telecommunications sector, what does 'reform' look like, and who benefits?
EBC Telecommunications Carriers Committee jointly with Keidanren is sponsoring a half day workshop to explore the competitive reality, offering European and Japanese analysis.
The date is Wednesday, 19 September and there are three panels on the following subjects.
  1. The Challenge of Broadband: European and Japanese experience.
  2. Implementing Fair Competition; European and Japanese perspective
  3. Telecommunications Institutions for 21st century: observations from Japan and Europe.
For further information and registration, click link to the right for the Conference flyer.
News from Finland
Industrial Production Contiued to Decline in July
According to the Board of Statistics the industrial production declined by 5.4 % in July compared to last year.
"A bad figure" says Pekka Tsupari of the Federation of Industries and Employers. According to Tsupari the year-on-year change is now expected to be a drop of 3 %. The bad figures in industrial production will also affect the GDP and according to Tsupari the 1.3 % growth predicted by Nordea is the first realistic forecast, even though even it seems optimistic.

For more news, click link to the right.

Grin of the Week
"Is it better to be a jock or a nerd?"
Consider Michael Jordan, having "retired," with $40 million in endorsements, he makes $178,100 a day, working or not. If he sleeps 7 hours a night, he makes $52,000 every night while visions of sugarplums dance in his head. If he goes to see a movie, it'll cost him $7.00, but he'll make $18,550 while he's there. If he decides to have a 5 minute egg, he'll make $618 while boiling it.

He'll make about $19.60 while watching the 100 meter dash in the Olympics, and about $15,600 during the Boston Marathon. While the common person is spending about $20 for a meal in his trendy Chicago restaurant, he'll pull in about $5600. This year, he'll make more than twice as much as all U.S. past presidents for all of their terms combined. Amazing isn't it?

However... If Jordan saves 100% of his income for the next 500 years, he'll still have less than Bill Gates has at this very moment.

Game over. Nerd wins.

Have a nice weekend!

Best regards

Clas G. Bystedt

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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 280 persons 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 74 corporate members.