Japanese Prime Minister Fumio Kishida will address the Economic Club of New York to promote Tokyo as an attractive destination for foreign wealth management firms, highlighting the strength of the Japanese economy and the government's vision for a thriving asset management sector; however, experts are divided on whether this campaign will succeed in making Tokyo Asia's leading financial hub.
Japanese companies are increasingly leaving Tokyo for rural areas, with 335 companies moving out of urban areas last year, driven by factors such as remote work opportunities, cheap land prices, and a desire for better work-life balance and well-being for employees; however, the decentralization efforts face challenges such as the importance of in-person meetings and the conveniences of the capital, as well as a lack of planning and coordination among authorities.
Fukuoka, Japan's sixth-largest city, is known for its vibrant yatai culture, with more open-air food stalls than the rest of the country combined, offering a unique and cozy dining experience that attracts locals and tourists alike.
