Prime Minister Shigeru Ishiba is scheduled to visit the Philippines during the Golden Week holidays to strengthen the "quasi-alliance" between the two countries, particularly in light of China's growing military presence in the South China Sea. This visit also aims to demonstrate Japan's close ties with the Philippines to the United States, hoping to ensure that the U.S. remains committed to the region's security.
Russia has permanently banned nine Japanese citizens, including Foreign Minister Takeshi Iwaya, in retaliation for Japan's sanctions related to the Russia-Ukraine conflict. This follows similar bans on other Japanese nationals and reflects Moscow's use of entry restrictions against countries opposing its military campaign in Ukraine.
The Bank of Japan (BOJ) has decided to maintain its current policy interest rates due to increasing uncertainties surrounding U.S. economic policies under the Trump administration. The central bank will closely monitor these developments and assess their impact on both the U.S. and Japanese economies before determining future policy actions.
Starbucks Coffee Japan Ltd. is brewing up new ways to attract older customers, offering hands-on barista experiences and exercise sessions. These initiatives aim to overcome barriers that prevent seniors from visiting Starbucks stores, creating welcoming spaces for people of all ages and fostering community engagement.
Japanese Prime Minister Shigeru Ishiba has firmly asserted that Japan's defense budget is a matter of national sovereignty and should not be dictated by other countries. This statement comes in response to calls from the United States, specifically Elbridge Colby, the Trump administration's nominee for under secretary of defense for policy, who urged Japan to increase its defense spending to at least 3% of its GDP.