Tuesday, June 18, 2024
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labor crisis

Japan enacts laws for new foreign worker scheme amid labor crisis

Japan's parliament on Friday enacted revised laws to replace a controversy-plagued foreign trainee program with a new system that encourages workers from abroad to stay longer, as authorities look to address the serious labor shortage created by the country's demographic crisis.
cultivated meat

SCiFi Foods Ceases Operations Amid Funding Challenges

SCiFi Foods, a startup engaged in developing cultivated meat, has ceased operations and initiated the sale of its intellectual property and assets through an advisory firm.
tiny electric car

China is awash in $10,000 EVs. Importing them could have changed everything

A tiny electric car called the Seagull, designed by a former Lamborghini designer, starts at less than $10,000 in China. A version with a battery that can go 250 miles on a charge costs a little more, at $12,000.
importing cars

The beginning of importing cars from Georgia to Iran: official

The head of Iran-Georgia joint chamber has stated that Georgia's automobile industry is growing and Georgian cars are mostly imported to Iran as temporary entry.
post-oil future

Oil giant Saudi Aramco says foreigners grab ‘majority’ of share offering

International investors dominate Saudi Aramco's latest offering, signaling global confidence in the oil giant amid Saudi Arabia's diversification efforts.
postwar reconstruction

Japan firms join networking event in Kyiv for postwar reconstruction

Representatives from 10 Japanese companies including startups held discussions with potential Ukrainian business partners on ways to help rebuild the country ravaged by the Russian invasion, during a two-day networking event in Kyiv through Friday.
barrels of crude oil

Korea seeks to extract 14 bil. barrels of oil, gas potentially under East Sea

Korea has identified potential reserves of up to 14 billion barrels of crude oil and natural gas off the coast of the southeastern city of Pohang, and will begin exploratory drilling later this year, the presidential office and the Ministry of Trade, Industry and Energy said, Monday.
Ties and Economic Cooperation

Islamic Emirate Welcomes Russian Statements on Strengthening Ties and Economic Cooperation

The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan has welcomed recent statements by the Russian Federation’s leadership, Foreign Minister, and other officials, expressing their political will to expand relations with the Islamic Emirate of Afghanistan.
slow currency fall

Japan spent record 9.8 trillion yen in April-May to slow currency fall

Japan spent 9.79 trillion yen ($62 billion) between April and May, a monthly record, to slow the yen's rapid fall against the U.S. dollar, government data showed Friday, confirming market views that Japanese authorities intervened in the currency market.
‘cute’ consumer culture

How Cuteness Conquered the World

My name is Farhan Sohail, and I am the founder of Clean Greens, a company dedicated to locally producing vegetables year-round through controlled environmental agriculture, reducing the dependence on imports. In this dynamic role, overseeing a time-sensitive field demands continuous monitoring of the crops using locally developed sensors and human-machine interfaces. Juggling various responsibilities, I lead departments such as production, sales, engineering, and administration.

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