Daiwa Securities Group and the University of Tokyo Initiate Social Cooperation Program

Initiating research collaboration to develop next-generation financial services using forefront technology

Start of Stock Trading on Yangon Stock Exchange

Signing of Joint Venture Agreement to Establish Yangon Stock Exchange

Tokyo Financial City Vision

Vitalizing Japan’s Financial and Capital Markets as a Pillar to the New Growth Strategy

DIR and Central Bank of Myanmar sign MOU for provision of IT support

DIR to deploy modular data center in Yangon City

Whither Japan’s Economy?: In this report we examine the following: (1) US-China Trade War, (2) The Heat Wave Effect, (3) The Impact of Unpaid Overtime, (4) What Happened to Fiscal Reconstruction?, and (5) US-Japan Risk from the Viewpoint of Money Flow

Japan to see real GDP growth of +1.2% in FY18, and +0.8% in FY19, with nominal GDP growth of +1.4% in FY18, and +1.8% in FY19.

Japan’s Economy: Monthly Outlook (August 2018)

1.Japan’s economy is in a temporary lull, no change to DIR outlook (real GDP growth of +1.0% in FY18, and +0.8% in FY19) 2.Reassessment of US-China Trade War and its Effects on the Global Economy 3.Why no recovery in consumption despite improvements in wages & income?

Whither Japan’s Economy?: In this report we examine the following: (1) US-China Trade War, (2) The Heat Wave Effect, (3) The Impact of Unpaid Overtime, (4) What Happened to Fiscal Reconstruction?, and (5) US-Japan Risk from the Viewpoint of Money Flow[Summary]

Japan to see real GDP growth of +1.0% in FY18, and +0.8% in FY19, with nominal GDP growth of +1.2% in FY18, and +1.8% in FY19.

Japan’s Economy: Monthly Outlook (July 2018)

1.Estimating the Impact of the US-China Trade War 2.Outlook for the Labor Market: The Big Picture 3.Has the Phillips curve lost its validity?

Has the Phillips curve lost its validity?

Outlook for the Labor Market: The Big Picture