Archive for the Economy Category

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Shimojishima welcomes first international flight operated by HK Express

Shimojishima welcomes first international flight operated by HK Express

July 20, 2019 Ryukyu Shimpo

HK Express, a Hong Kong-based low-cost carrier (LCC) launched nonstop service between Hong Kong and Shimojishima on July 19. The route is the first to offer international access to Irabu, Miyako island. Shimojishima Airport held a ceremony to commemorate the inaugural flight, where HK Express and local municipality staff greeted and sent off passengers.

Miyako area’s first international route offers three flights a week, on Tuesdays, Fridays and Sundays....

 

Okinawa’s tourism revenue for 2018 at record high of 733.4-billion yen

Okinawa’s tourism revenue for 2018 at record high of 733.4-billion yen

July 19, 2019 Ryukyu Shimpo

During the regular press conference on the morning of July 19, Okinawa Prefecture Governor Denny Tamaki announced the tourism revenue, including both domestic and foreign tourists (by air) for 2018.

Compared to the previous year, it was 733.4-billion yen,...

Peach Air resumes operation of Naha-to-Hong-Kong flight

Peach Air resumes operation of Naha-to-Hong-Kong flight

June 29, 2019 Ryukyu Shimpo

On June 28, Osaka-based Peach Aviation resumed its Naha-to-Hong-Kong flight, which had been out of operation for one year and eight months. There will be one flight per day each day of the week. To celebrate the resumption of operation, CEO Shinichi Inoue and others...

Landowners of U.S. base-used land in Okinawa increasingly reside outside the prefecture

Landowners of U.S. base-used land in Okinawa increasingly reside outside the prefecture

June 9, 2019 Ryukyu Shimpo

On June 8 media coverage at the Okinawa Defense Bureau (ODB) found that over the last six years, out of all landowners who own Okinawan land being contractually leased out for U.S. military base use, the number of these landowners residing outside of Okinawa has...

Korean Air Lines operating four round trip charter flights between Incheon and Shimojishima

Korean Air Lines operating four round trip charter flights between Incheon and Shimojishima

May 9, 2019 Ryukyu Shimpo

On May 8 the major South Korean airline company Korean Air Lines announced that it will operate charter flights between Incheon and Shimojishima from the Miyako Shimojishima Airport Terminal in Irabu, Miyakojima City. This will be the first international charter route...

Skip Martin of Grammy-winning Dazz Band made Okinawa goodwill ambassador

Skip Martin of Grammy-winning Dazz Band made Okinawa goodwill ambassador

April 19, 2019 Ryukyu Shimpo

The Okinawa Prefectural Government (OPG) has declared American Grammy-winning musical artist Skip Martin, 61, a goodwill ambassador for Okinawa.

At Haneda Airport in Tokyo on April 16, Okinawa Governor Denny Tamaki met Martin to present him with a certificate...

Naha Airport building links international and domestic terminals to improve traveler experience

Naha Airport building links international and domestic terminals to improve traveler experience

March 14, 2019 Ryukyu Shimpo

On March 13 the Naha Airport Building Co. Ltd. (NABCO), which manages the terminal buildings of Naha Airport, held a ceremony celebrating the completion of the new terminal building linking the international and domestic terminal buildings.

The new building...

Okinawa fails to surpass Hawaii in terms of 2018 tourist numbers and increase rate

Okinawa fails to surpass Hawaii in terms of 2018 tourist numbers and increase rate

February 3, 2019 Ryukyu Shimpo

The U.S. state of Hawaii, which is in competition with Okinawa over incoming tourist numbers, had a preliminary estimate of 9,954,548 tourists in the 2018 calendar year, roughly 112,100 more than Okinawa, which had 984,2400 tourists visiting during the same period.

Okinawa...

Orion to be bought out and become a subsidiary of Nomura and a foreign investment firm

Orion to be bought out and become a subsidiary of Nomura and a foreign investment firm

 

January 24, 2019 Ryukyu Shimpo

 

On January 23, Orion Beer announced the tender offer for Orion shares by Nomura Holdings, Inc. (HD) and U.S. investment firm The Carlyle Group, along with their approval to become a wholly owned subsidiary company.

In short,...

Nomura and U.S. investment firm consider Orion Beer acquisition

Nomura and U.S. investment firm consider Orion Beer acquisition

January 18, 2019 Ryukyu Shimpo Digital Edition

On January 18, multiple sources confirmed Nomura Holdings, Inc. and U.S. investment firm The Carlyle Group are considering the acquisition of Orion Beer.

Nomura and Carlyle are making adjustments with the idea that they acquire the shares...

Okinawa ranks third in the world for popular spring break travel destination

Okinawa ranks third in the world for popular spring break travel destination

January 10, 2019 Ryukyu Shimpo

 

On January 9, travel search engine KAYAK announced its popular spring break travel destinations ranking for 2019, which was based on search data.

KAYAK is a leading subsidiary of one of the world’s largest online travel agencies, Booking...