Japan predicted to see powerful economic uptrend this year

Singapore

JAPAN will see a powerful economic uptrend in 2015, and is likely to achieve its 2 per cent target inflation rate set by the Bank of Japan by early next year, said Etsuro Honda, special adviser to Japanese Prime Minister Shinzo Abe.

Prof Honda was speaking at the "Abenomics: Its Focus and Further Challenges" seminar organised here by the Japanese Embassy in Singapore and the Japan External Trade Organization on Thursday.