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Spirethoughts

Spire's six most recent Spirethoughts.

Productivity & Efficiency – the new WFH buzzwords
Will Smart Health & Safety products ride Covid-19’s coattails?
Will Smart Health & Safety products ride Covid-19’s coattails?
Awareness and adoption of Sustainable Smart Technology
Technology security and privacy concerns have become critical to consumers
Technology security and privacy concerns have become critical to consu...
Airlines caught in Covid turbulence
M&A during Covid-19

A sigh of relief for Japan’s economy

Japan’s economy seems to be looking up with the Upper House election win of The Liberal Democratic Party (LDP). Shinzo Abe managed to bring the nation out of deflation with a 4% growth from the last two quarters. Exports have registered a 10.1% growth compared to the previous year, and the exchange rate against the USD has also risen to ¥100.0342 from ¥99.88.

At the same time, the weaker yen would also bestow the corporate sector with more profit growth from exports. This will allow businesses to increase their Capital Expenditure (Capex) and result in higher distributions for the shareholders. As a result, the rise in Capex will also prompt a decline in corporate sector savings to further boost the economy. All this has led to the economy showing signs of recovery with rising consumer confidence as well.

Is Japan ready to shine again?

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