Tokyo Intelligence Report

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BRICs

A term BRICs has made inroads in Japan financial industry. I could see brochures of mutual funds related to BRICs everywhere in bank branches, brokerages, investment magazine and web sites. BRICs is the acronym consisting of the initial letters of four countries’ names such as Brazil, Russia, India and China. This term was introduced by Dominic Wilson and Roopa Purushothaman of The Goldman S...

MICE industry

It seems to be the first time that Nihon Keizai Shinbun (hereunder referred to as Nikkei) picked up a term “MICE industry” in an article regarding of how Singapore government has conducted several projects to foster its industry on August 4, 2007. MICE, the acronym for Meetings, Incentives, Conventions and Exhibitions, is the relatively new word for majority of Japanese people. MICE in...

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