The Japanese government has taken a significant step towards bolstering its vaccine development capabilities by exploring the introduction of human challenge trials. This initiative, embedded within a newly approved medical research plan, aims to align Japan's vaccine clinical trials with international standards and potentially expedite the availability of life-saving treatments for future infectious disease outbreaks.
Japanese Prime Minister Shigeru Ishiba defended his country's defense budget, stating that it is determined by Japan itself and not by other nations, despite pressure from the US to increase spending. Japan's 2022 military build-up strategy doubled its defense budget to 2% of GDP, prioritizing quality over quantity.
Haneda Airport is testing a touchless fingerprint authentication system for international travelers, aiming to streamline entry procedures and enhance security. This technology, developed by Panasonic Connect Co., utilizes a camera to capture fingertip photos, eliminating the need for physical contact and improving accuracy compared to existing touchless solutions.
Plant factories are gaining traction in Japan, offering a solution to the rising cost of vegetables due to climate change and the limited space for agriculture in urban areas. These indoor farms utilize controlled environments and LED lights to cultivate fresh produce, ensuring a stable supply regardless of weather conditions.
Japan's trade surplus reemerged in February 2024, driven by a surge in exports, particularly to the U.S., amidst concerns over potential tariffs on automobiles. The Bank of Japan maintained its benchmark interest rate at 0.5% despite global economic uncertainty, reflecting the delicate balance between combating inflation and navigating the unpredictable international landscape.