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Tag Archives: Japan Bank for International Cooperation (JBIC)

Japan-Backed Power Plant in Indonesia Caught Avoiding Taxes and Violating Rights

The Indonesian coal mining conglomerate Adaro Energy, which is allied with the Japanese companies J-Power, Itochu, as well as a number of public and private Japanese banks, has been avoiding local taxes for more than a decade, depriving the Indonesian government of about US$125 million in income from 2009 to 2017, and has even been accused of provoking human rights abuses in the country.

Japan and the Northern Sea Route

Global warming is progressively creating a new reality that ships from East Asia, including Japan, might soon be regularly able to reach Europe more quickly via the shipping route that runs along Russia’s Arctic coast, from the Bering Strait in the east to the Kara Sea in the west, rather than using the conventional route via the Suez Canal.