Singapore's role as business investor in Japan expanding: Jetro

Tokyo

Japan's attraction as a base for business investment is growing as foreign firms, especially from Singapore and other parts of Asia, see the world's third-largest economy as the best place to locate research and development (R&D) facilities serving regional and global markets.

Latest surveys by the Japan External Trade Organization (Jetro) show that Japan - once best known for its manufacturing and heavy industry prowess - is being seen now as a centre for developing products ranging from software and precision materials to bio-medical devices and cosmetics.