News On Japan

SoftBank offers to invest up to $40 bil. in Indonesia's new capital

Jan 18 (Kyodo) - Japan's SoftBank Group Corp. has offered to invest between $30 billion and $40 billion in the development of the new Indonesian capital on Borneo Island, a close aide of President Joko "Jokowi" Widodo said Friday.

In a meeting last week with Jokowi, SoftBank Chief Executive Officer Masayoshi Son expressed interest in participating in the development of the yet-to-be-named capital and bringing the newest technology and "a lot of artificial intelligence" to the new smart city.

"The financing structure to develop the new capital is now still being finalized, (but) I will meet Masayoshi again in Davos and later in Tokyo," Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan told a press conference.

The new capital will be located between the East Kalimantan provincial capital of Samarinda and Balikpapan, its largest city, located some 90 kilometers to the south. Both are situated near the east coast of the world's third-largest island.

News On Japan
POPULAR NEWS

Ishiba Shigeru has been elected leader of Japan's main ruling Liberal Democratic Party. The former LDP Secretary-General is now virtually assured of becoming the next prime minister. (NHK)

The Hakamada case, a decades-long legal struggle, ended with an acquittal for Iwao Hakamada (88), who, along with his sister Hideko, fought for 58 years. Hakamada was suspected of the 1966 murder of a miso company executive’s family.

A Japanese government information-gathering satellite has successfully been put into a planned orbit around Earth. (NHK)

Japan's National Police Agency is introducing new patrol cars equipped with red lights designed to assist people with hearing impairments, flashing differently depending on whether the vehicle is on an emergency run or a routine patrol.

Yamagata University, which has been conducting research on the Nazca geoglyphs in Peru, announced the discovery of over 300 new geoglyphs, depicting a variety of subjects, including humans and animals.

MEDIA CHANNELS
         

MORE Society NEWS

Four Japanese men have been caught at an Australian airport on suspicion of trying to smuggle a large amount of cigarettes into the country. (NHK)

Japan's National Police Agency is introducing new patrol cars equipped with red lights designed to assist people with hearing impairments, flashing differently depending on whether the vehicle is on an emergency run or a routine patrol.

The former representative of the martial arts event company 'Breaking Down,' Yugo Itagaki, along with two other individuals, has been arrested by the Tokyo Metropolitan Police on charges of defrauding a company executive out of 80 million yen.

Strange incidents involving a woman placing black tape on outlets have been occurring around zoos in the Izu area of Shizuoka Prefecture.

As the number of households with Buddhist altars continues to decline, largely due to space limitations in modern housing, wholesalers of Buddhist goods are struggling with unsold inventory.

Twelve individuals involved in the traditional 'Ageuma Shinji' horse event held last year at Tado Shrine in Kuwana City, Mie Prefecture, have been referred to prosecutors on allegations of violent behavior toward horses, including forcing them up steep slopes.

A 39-year-old man has been arrested on suspicion of attacking a female university student by covering her head with a bag and attempting to strangle her.

A group of Humboldt penguins at Tokuyama Zoo in Yamaguchi Prefecture has captured people's hearts, as they chase a butterfly that had accidentally flown into their pool enclosure.