Chairman Of Japanese Toy Model Maker Tamiya Dies At 90
He was 90, Kyodo News reported.
Tamiya, who died Friday of undisclosed causes, was credited with raising the global profile of the Shizuoka-based toy maker. While the funeral was held privately by close relatives, the company plans to hold a memorial event.
bootstrap slideshow
The Shizuoka native long served as the company's president, helping raise his hometown's standing in the plastic model industry through trade and hobby shows, according to the maker.
After graduating from Waseda University in Tokyo in 1958, he joined Tamiya Shoji & Co., which was then operated by his father, Yoshio.
Tamiya became president of the company in 1984 and was named chairman in 2008.
-- BERNAMA-KYODO
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
5 minutes ago
- Malaysian Reserve
ELFI study shows college meal plans to be a significant portion of college costs
Popular cost-cutting advice to skip meal plans may not be feasible for most students KNOXVILLE, Tenn., July 29, 2025 /PRNewswire/ — A recent study by student loan lender ELFI surveyed current meal plan pricing at 150 colleges and universities nationwide, concluding that 98% of surveyed institutions require freshmen to purchase meal plans. This makes a common cost-cutting strategy – skipping meal plans in favor of home-cooked meals – impractical for many students. Meal plans can present a significant expense among college-related costs. ELFI found that current plans average $5,600 per academic year, totaling anywhere from $12,000 to $44,000 over four years. Private school meal plans cost 22% more than public school plans on average. The study also found that college meal plans are considerably more expensive than the standard cost of meals, based on the average range of nutritious, home-prepared food plans measured by the U.S. Department of Agriculture (USDA) for adults ages 19 to 50. On average, student meal plans were 39-49% more expensive than USDA food plans, depending on the sex of the student. Considering this cost amid recent inflation trends, many financial experts recommend that students prepare their own meals to save money. However, meal plans are typically required for students living on campus, especially for freshmen. As a result, students and families may be budgeting based on outdated or impractical advice and could be blindsided by the true cost of attendance. 'Borrowers come to us with concerns about how to maximize long-term savings while financing their college education,' said Ivan Marcinko, ELFI senior vice president and director of operations. 'We hope that this study will help families understand that some college costs cannot be mitigated and encourage them to explore financing pathways that accommodate the high cost of college, including meal plans.' College costs are top of mind for many student loan borrowers considering the recently signed 'One Bill Big Beautiful Bill' Act, which included various reforms aimed at financial aid and student loan repayment. As grant limits, loan caps and other higher education lending reforms go into effect, students and families may need to make critical decisions about meeting the cost of college with a combination of federal aid, institutional assistance and private lending. For some students, institutional meal plan assistance programs, waivers or exceptions may be available. ELFI recommends that students contact their college or university to learn more about their options. ELFI is a division of Tennessee-based SouthEast Bank and offers nationwide student loans. Since launching in 2015, ELFI has offered a range of student loan and refinancing products and services backed by an award-winning team of student loan advisors who work one-to-one with borrowers through the application process from start to finish. About Education Loan Finance (ELFI) ELFI is a nationwide student loan provider and refinance program offered by Tennessee-based SouthEast Bank. Since its launch in 2015, ELFI has assisted borrowers with student loan refinancing as well as with undergraduate, graduate and parent private student loans. ELFI makes financing your future simple by offering easy payment options, affordable rates, and flexible terms in an application process that is transparent and secure. Learn more at Media Contact Mary Seward SouthEast Bank Marketing Manager mseward@ 865-352-1262
Barnama
22 minutes ago
- Barnama
Malaysia's Real GDP Growth Forecast Raised To 4.5 Pct In 2025, 4.0 Pct In 2026 -- IMF
BUSINESS KUALA LUMPUR, July 29 (Bernama) -- The International Monetary Fund (IMF) has raised its forecast for Malaysia's real gross domestic product (GDP) growth to 4.5 per cent in 2025 and 4.0 per cent in 2026. In its July 2025 World Economic Outlook (WEO) update released today, titled 'Global Economy: Tenuous Resilience amid Persistent Uncertainty', the IMF said the forecast for 2025 is 0.4 percentage point higher than in the reference forecast of the April 2025 WEO and 0.2 percentage point higher for 2026. Meanwhile, the IMF said that in the emerging market and developing economies, growth is expected to be 4.1 per cent in 2025 and 4.0 per cent in 2026. 'Relative to the forecast in April, growth in 2025 for China is revised upward by 0.8 percentage point to 4.8 per cent. This revision reflects stronger-than-expected activity in the first half of 2025 and the significant reduction in US-China tariffs,' it said. Additionally, it said China's growth in 2026 is also revised upward by 0.2 percentage point to 4.2 per cent, again reflecting the lower effective tariff rates. 'In India, growth is projected to be 6.4 per cent in 2025 and 2026, with both numbers revised slightly upward, reflecting a more benign external environment than assumed in the April reference forecast,' it said. The IMF highlighted that despite global uncertainties, countries should reduce policy-induced uncertainty by promoting clear and transparent trade frameworks. 'Pragmatic cooperation is paramount in instances in which some rules of the international trading system, in their current form, may not be functioning as intended. 'This entails the pursuit of multilateral initiatives on the global commons and modernising trade rules where feasible, while seeking plurilateral or regional solutions on other matters,' it said.
Free Malaysia Today
22 minutes ago
- Free Malaysia Today
Federal debt at RM1.3tril as of end-June
Deputy finance minister Lim Hui Ying said the government remains committed to achieving a fiscal deficit target of below 3% of the GDP, and keeping the debt-to-GDP ratio under 60% in the medium-term. (Bernama pic) KUALA LUMPUR : Malaysia's federal debt rose to RM1.3 trillion at the end of June, largely driven by continued fiscal deficits to fund public development spending, says deputy finance minister Lim Hui Ying. Speaking in the Dewan Rakyat today, Lim said the increase from RM1.25 trillion at the end of last year was to support strategic development expenditure, including infrastructure, education, healthcare, and social protection programmes. She said the fiscal deficit reduced from 5.5% of the gross domestic product (GDP) in 2022 to 4.1% last year, and is projected to fall further to 3.8% in 2025. Debt growth is also slowing, from 10.2% in 2022 to 6.4% in 2024, with a further drop to around 6% projected for 2025. 'This is in line with the government's commitment to achieving a fiscal deficit target of below 3% of GDP, and keeping the debt-to-GDP ratio under 60% in the medium-term, as provided under the Public Finance and Fiscal Responsibility Act,' Lim said in response to a question from Ngeh Koo Ham (PH-Beruas) during an oral question-and-answer session. Lim also outlined several control measures to curb debt growth, including broadening revenue base, rationalising subsidies, and enforcing strict guidelines for government guarantees and public-private partnerships. She said future borrowings would also be limited to high-impact development projects, while government guarantees would be capped at 25% of the GDP under the Public Finance and Fiscal Responsibility Act. To strengthen governance, enhance accountability, and improve institutional efficiency, the government is in the process of drafting the Government Procurement Bill and another bill to regulate state-owned enterprises, she added. BMI, a Fitch Solutions company, previously reported that Malaysia would likely miss its fiscal deficit target this year, as spending was seen exceeding projections and revenue might fall. Separately, Lim said household debt in Malaysia stood at RM1.65 trillion as at the end of March 2025, or 84.3% of the GDP. She said this should be viewed in the context of household financial assets remaining significantly higher than the total debt, indicating that the public's overall financial position remained strong. 'On aggregate, household financial assets continue to exceed debt by 2.1 times, providing a solid buffer for households,' she said in response to Awang Hashim (PN-Pendang), who inquired about the debt-to-GDP ratio. She added that the government and Bank Negara Malaysia remained committed to assisting credit users who faced financial difficulties.
