Investment: Diet Session and Government

investment: A bill to that effect will be submitted to the extraordinary Diet session that began Friday. ; The stricter rules will cover arms production and aeronautics, they said, noting that the government will also simplify procedures to encourage foreign investment in sectors unrelated to national security, according to The Japan Times. The move comes as the United States and European nations tighten controls on investment amid growing concern that sensitive technologies are being linked to countries such as China. The government will revise the foreign-exchange law to require that foreign investors seek approval before acquiring stakes of 1 percent or higher, slashing the threshold from 10 percent, the sources said. The government will also require foreign stakeholders to give prior notification before making changes in management, such as by dispatching board members and selling core businesses, the sources said. Twitter Facebook Linked In GET THE BEST OF THE JAPAN TIMESIN FIVE EASY PIECES WITH TAKE 5 Mail the editor Error Policy JOIN THE CONVERSATION LATEST BUSINESS STORIESJBIC and Texas vow to boost Japanese investment in U.S. state The Japan Bank for International Cooperation and Texas have agreed to promote Japanese investment in the southern U.S. state in new business areas such as renewable energy, mobility services and di... Japanese business group in Taipei pushes Taiwan to lift food import ban Lifting the ban on food imports from five prefectures imposed in the wake of the 2011 Fukushima nuclear disaster is key for Taiwan to join any economic deals with Japan or other countries in the... Facebook's Libra digital currency loses its first member Pay PalU.S. payments processor Pay Pal said on Friday it was leaving Libra Association, the entity managing the Facebook-led effort to build global digital currency Libra, making it the first member to exi... /4973089/JT-teads googletag.cmd.push function googletag.display ; ; Violators will be ordered to divest. (news.financializer.com). As reported in the news.