Tokyo possesses the largest metropolitan economy in the world with an estimated GDP of US$1,191 billion in 2005. Tokyo is a major international financial centre, is home to several of the world's largest investment banks and insurance companies, and is the hub for the national transportation, publishing, and broadcasting industries. The post-war growth of Japan's economy prompted many large businesses to shift their headquarters to Tokyo from cities such as Osaka (the historical commercial capital). Such moves allowed companies to take advantage of better access to government. However overcrowding and the high cost of living in Tokyo have slowed this trend in recent years. Tokyo remains one of the most expensive cities in the world.
The Tokyo Stock Exchange is second in size only to the New York Stock Exchange, and at the peak of the Japanese economic bubble in the early 1990’s it accounted for more than sixty percent of the stock market value of the whole world.
Tokyo only has about 8,000 hectares of farm land, concentrated in the west. The greater Tokyo area contains a large amount of forest, especially in the mountainous western regions. Tokyo’s lumber output is in decline however due to falling prices, increased production costs, and an aging population in the tree-farming areas. Tokyo Bay was once a major source of fish but today most of Tokyo's fish production comes from the outlying islands. Tourism in Tokyo also contributes to the local economy.
If you want to move money abroad, from Japan or to Japan for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
|Fee||£10 < £5K or Free > £5k|
|Ccy||All (130 currencies, incl ‘exotics’)|
|Services||Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone.|
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.