Inside Japan
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6,000 regular workers seen losing jobs by April

While automakers and electronics makers are posting huge losses amid the global economic slowdown, some companies are making record profits.

At least 6,000 regular employees have lost or will lose their jobs in the six months through March as a result of restructuring amid the economic downturn, the Health, Labor and Welfare Ministry said Wednesday. (Yomiuri)  // FULL ARTICLE

Fuel surcharge to fall by 80% in April

The key to their success is focusing on domestic demand instead of overseas markets while touting the low prices and distinctive features of their products and services. According to Shinko Research Institute Co., 10.5 percent of companies listed on the First Section of the Tokyo Stock Exchange that have released earnings results for the past five business years or longer and that have a market value of at least 50 billion yen expect record pretax profits for the business year ending in March. (Source: YOMIURI)

// FULL ARTICLE

Fuel surcharges for international flights, which fluctuate depending on jet fuel prices, are expected to be cut by nearly 80 percent in April, offering a glimmer of good news for people planning to fly overseas in April or later.
(Yomiuri)   // FULL ARTICLE

You are what your blood type is
 Firm to recall U.S. popcorn
 Panasonic's $3.9 bln annual net loss
 Output dives, unemployment rises
Bad loans back, top ¥12 trillion
Govt gave 55 mil. yen to bogus group
 6,000 workers to lose jobs by April
1 in 10 firms raking in big profits

   MORE
Local govt gave 55 mil. yen in subsidies to bogus group
Bad loans back, top ¥12 trillion
Bad loans at the nation's 121 banks ballooned by ¥889 billion to reach ¥12.294 trillion during the six-month period to Sept. 30, the Financial Services Agency said Tuesday.
(KYODO)   // FULL ARTICLE
SAITAMA--The Kuki municipal office in Saitama Prefecture has paid about 55 million yen in subsidies to a bogus organization over the past 16 years, commissioning it to run an after-school child care center, according to sources. (Yomiuri)  
 // FULL ARTICLE
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