TOKYO // In the days when the train was the main vehicle of conveyance, it paid to put your business beside the track, and wise mayors did their best to ensure the railroad passed by their city.
In today's world, burgeoning trade links are best served by rail, road and ship - but above all, by airlines. If you bring planes full of people and goods, trade picks up.
So the Japanese government's reluctance to allow other airlines access to its market is at best puzzling; at worst, protectionist. One of its main airlines, Japan Airlines, has been forced to seek creditor protection.
Obviously Japan has been in the economic doldrums with only the occasional lapse since the boom days of the 1980s. The temptation for it to put up the barricades must be overwhelming. But that is the wrong thing to do. They should be opening doors and welcoming any new arrivals.
There are already decent trade links between the UAE and Japan. Trade between the two is now close to Dh107.2 billion (US$29.19bn) a year, official figures show. There are about 350 Japanese companies operating in the UAE, and more than 3,500 Japanese expatriates living in the country.
More should be encouraged to come, but the compliment should also be returned.
There are 125 airlines that fly into Dubai. It has been the policy of Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, for many years to welcome anybody or any business.
Such competition has not weakened Emirates Airline; in fact, it has probably made it stronger. Likewise, the competition between Emirates and Etihad Airways is good for the customers, but probably also good for the managers, as it keeps them on their toes. In a similar fashion, competition is good for countries. Transport links are like rivers: without them, everything dries up.
rwright@thenational.ae
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Results
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COMPANY%20PROFILE
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Company%20Profile
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UAE currency: the story behind the money in your pockets
VERSTAPPEN'S FIRSTS
Youngest F1 driver (17 years 3 days Japan 2014)
Youngest driver to start an F1 race (17 years 166 days – Australia 2015)
Youngest F1 driver to score points (17 years 180 days - Malaysia 2015)
Youngest driver to lead an F1 race (18 years 228 days – Spain 2016)
Youngest driver to set an F1 fastest lap (19 years 44 days – Brazil 2016)
Youngest on F1 podium finish (18 years 228 days – Spain 2016)
Youngest F1 winner (18 years 228 days – Spain 2016)
Youngest multiple F1 race winner (Mexico 2017/18)
Youngest F1 driver to win the same race (Mexico 2017/18)
THE BIO
Age: 30
Favourite book: The Power of Habit
Favourite quote: "The world is full of good people, if you cannot find one, be one"
Favourite exercise: The snatch
Favourite colour: Blue
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
box
COMPANY PROFILE
Company name: Letstango.com
Started: June 2013
Founder: Alex Tchablakian
Based: Dubai
Industry: e-commerce
Initial investment: Dh10 million
Investors: Self-funded
Total customers: 300,000 unique customers every month
Company%20Profile
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COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
UAE currency: the story behind the money in your pockets
The Matrix Resurrections
Director: Lana Wachowski
Stars: Keanu Reeves, Carrie-Anne Moss, Jessica Henwick
Rating:****
COMPANY%20PROFILE
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RACECARD
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The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
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COMPANY%20PROFILE%20
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City's slump
L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1
KEY%20DATES%20IN%20AMAZON'S%20HISTORY
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