The headquarters of Panasonic in Tokyo. Agence France-Presse
Panasonic Corporation and Tesla will continue to make new investment in the US electric carmaker’s Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said. Separately, Panasonic said it was watching the demand situation in the electric car market before making any further investments in expanding the capacity of the Nevada plant.
Panasonic will leverage its innovative technologies and solid track record in high-profile global events as it gears up to empower business organisations participating at mega events,
Japan’s Toyota Motor Corporation and Panasonic Corporation said they plan to establish a joint venture (JV) to develop “connected” services to be used in homes and urban development. Operating officer of Toyota Masayoshi Shirayanagi and Managing Executive Officer of Panasonic Makoto Kitano were present during a press conference in Tokyo on Thursday
The US-India Business Council (USIBC) has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government,
The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was under consideration to increase duty, said the sources.
Governor State Bank of Pakistan (SBP) Reza Baqir said that country’s foreign reserves are increasing and today’s situation is far better as compared to the past.
Japan’s government will issue an extra 2.2 trillion yen ($20.25 billion) of deficit-financing bonds to make up for a tax revenue shortfall, Finance Minister Taro Aso said, after the cabinet approved on Friday a supplementary budget for the fiscal year to March.