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Finally Osaka seeking investors

makapaaa

Alfrescian (Inf)
Asset
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
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Coffeeshop Chit Chat - Finally Osaka seeking investors</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>killypap <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>May-23 7:21 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>33565.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>When Lawyer Toru Hashimoto was elected as independent Governor 2 yrs ago, he took office for 1 month then came out with tears making announcement that Osaka Government is near bankrupt!
He then proceed to restructure Osaka Govt Office and cut spending. Today he is drawing investors into Osaka.
What do you think of Singapore?
The need of independent candidate to check and balance is important for Singapore too. If Japan civil servants can cover up so as Singapore civil servants.
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Monday, May 24, 2010
Osaka seeks special business zone
Governor says with tax breaks prefecture can be Asia gateway
OSAKA (Kyodo) Osaka Gov. Toru Hashimoto called on the central government Sunday to designate his prefecture as a special business zone that would serve as an entry point for businesses across Asia.
The government has been considering legislating a system for special business zones, and during a meeting Sunday with Hashimoto, Senior Vice Cabinet Office Minister Motohisa Furukawa unveiled the administration's intention to submit the bill to the Diet early next year.
"Osaka will aim to become a city connecting (the rest of) Asia and Japan," Hashimoto told Furukawa, who is secretary general of the National Policy Unit.
During their meeting, the popular lawyer and former TV personality outlined a plan to attract tourists and investment from other parts of Asia via Osaka to rejuvenate the country as a whole.
He also shared his analysis that even though corporate tax within the Osaka business zone would be reduced or waived, the central government would still benefit from tax revenues in the long term.
"Please use Osaka as an experiment by letting us take responsibility," he said, adding he will ensure that the prefecture won't be the only winner if the initiative is adopted.
Furukawa noted that Japan's conventional growth strategy has involved creating miniature versions of Tokyo elsewhere in the country. But from now on, Furukawa said, it will be important to ensure that regional success stories spread across the country.
"We will consider a structure that includes taxation," said Furukawa, who is involved in formulating economic and fiscal policy at the Cabinet Office.
Speaking to reporters after the meeting, Furukawa said: "While Osaka has moved ahead (on this issue), other regions are also making similar requests. By having them compete with each other, I want to make a breakthrough in energizing Japan."
http://search.japantimes.co.jp/cgi-bin/nn20080128a1.html


<HR SIZE=1>Edited 5/23/2010 10:25 pm ET by killypap</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD><TD class=msgrde width="50%" noWrap align=middle> Reply</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
 

ps07857

Alfrescian
Loyal
The Japanese leaders and CEO will commit suicide in the process of "harakiri" if anything goes wrong. If not, they will at least call for a press conference and kneel down for forgiveness....


In Singapore, it is "an honest mistake....so it happened... what to do?"

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