World

Japan issues alert for heavy snow

Dec 22, 2023

Tokyo [Japan], December 22: The Japanese weather agency on Friday issued a heavy snow alert for northern Japanese prefectures, as heavy snow continued to hit parts of the country.
The Japan Meteorological Agency issued warnings for several regions in the prefectures including Hokkaido, Niigata, Toyama and Fukui, the second-highest in the country's four-tier warning system for snow.
With the snowfall intensifying, especially in the Hokuriku region and Niigata prefecture, the agency warned of possible traffic disruptions, saying that parts of the Tohoku region along the Sea of Japan are also seeing worsening conditions.
As of Friday morning, the village of Shirakawa in Gifu prefecture saw 62 centimeters of snow accumulation, while Ono City in Fukui prefecture had 48 centimeters.
Such weather conditions could continue in areas along the Sea of Japan through Saturday, the weather agency added.
Areas like the Chugoku, Kansai and Hokuriku regions may experience even more intense precipitation due to bands of active snow clouds that are predicted to move in intermittently, according to the agency.
Source: Xinhua

More news

64% of MSMEs resume post-pandemic; 54% report 10% YoY growth: Says the third edition of MSME Sampark Report by UGRO Capital and Dun & Bradstreet

Mumbai (Maharashtra) [India], April 11: UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 3rd MSME Sampark Report - a semi-annual report that is prepared in partnership with Dun & Bradstreet. The 3rd edition highlights that 64% of MSMEs have resumed activity post-pandemic, with around 54% reporting a growth of over 10% Year-on-Year (YoY), underlining the sector's strong momentum. However, growth in investments in Udyam-registered MSMEs has slowed from 61% in FY22 to 22% in FY23 and 23% in FY24. Large and medium businesses anticipate slower domestic growth in Q1 2025, while small firms remain optimistic. It is noteworthy that while capital costs are expected to remain high in Q1 2025, revised MSME classification criteria could drive further investment and expansion. In-depth analysis of 45,000+ MSMEs, highlighting credit access, formalization, and digitalization for growth.

Apr 11, 2025