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☆ I grew up in Australia and worked in tourism for years. First-time visitors always make these 5 mistakes.
▼ + stars: | 2024-07-11 | by ( Ash Jurberg | ) www.businessinsider.com time to read: +5 min

Read previewI'm a born-and-bred Aussie who's been fortunate enough to work in travel and tourism, promoting Australia to international visitors. Unfortunately, though, while working in the industry, I've seen visitors believe the same misconceptions about Australia and make similar mistakes over and over again. AdvertisementNot experiencing the local cuisineI always recommend visitors sample local foods like Vegemite on toast. Being overly paranoid about deadly animalsWhen I worked in tourism, a lot of prospective travelers asked me how I survived all the deadly animals in Australia. Although it's true that Australia is known for having deadly snakes, sharks, and spiders, I've never seen one outside a zoo.

Persons: —, it's, africanpix, you'll, she's, I've Organizations: Service, Tourism, Business, Australia Australia, Sydney, Getty Locations: Australia, Sydney, Melbourne, parma

☆ I got inked by the world’s oldest tattoo artist
▼ + stars: | 2024-07-10 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +11 min

Buscalan, Philippines CNN —The first sound I heard upon reaching Buscalan was that of heaving and panting. At 107 years old, Whang-Od is the world’s oldest tattoo artist. She was dressed in a loose, colorful tie-die shirt and bold patterned pants, her own tribal tattoos on full display. Photos, identification cards and other mementos left by visitors on the thatched roof of the hut where Whang-Od's grandnieces (and apprentices) tattoo. “(My friends who gave tattoos) have all passed away,” Whang-Od told CNN in an interview in 2017.

Persons: Philippines CNN —, didn’t, She’s, “, she’s, Girlie, Od, overworking, Kathleen Magramo, Emmett, —, ”, Kent Donguines, Emmett Sparling, Lars Krutak, Hunter, Michelle Dee, Whang, batok, Krutak, ” Krutak, ” Whang, that’s, I’m, Grace Palicas Organizations: Philippines CNN, CNN, American Catholic, Rice, Warner Bros, Vogue Philippines, Miss Universe Philippines, Wigan Locations: Philippines, Buscalan, Kalinga, Canadian, Manila

☆ Spanish tourist killed by elephants in South Africa while taking photo
▼ + stars: | 2024-07-10 | by ( Nimi Princewill | ) edition.cnn.com time to read: +2 min

CNN —A Spanish tourist was crushed to death by a herd of elephants inside South Africa’s Pilanesberg National Park after he left his vehicle to take a close-up photo of the breeding animals, local police said. Spanish newspaper La Vanguardia identified the tourist as Carlos Luna, whom it said was from Zaragoza. The Pilanesberg Game Reserve is South Africa’s fourth-largest park and a popular tourist destination. In 2019, a suspected poacher was attacked and killed by an elephant, and his body eaten by lions in the northeastern Kruger National Park, authorities said at the time. Three months ago, an elderly American woman was killed after an elephant charged at a vehicle transporting tourists inside Zambia’s largest national park.

Persons: Sabata Mokgwabone, Mokgwabone, Carlos Luna, “, poacher, ” Organizations: CNN, CNN Wednesday, Vanguardia, Police, Park Locations: South Africa’s, West Province, Zaragoza, Spanish, South Africa, Limpopo, Southern Africa, American, West

☆ Copenhagen may have cracked how to get tourists to behave: Free glasses of wine and kayaking
▼ + stars: | 2024-07-10 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

Copenhagen will launch the CopenPay initiative to reward climate-conscious tourists. The monthlong trial offers incentives such as free museum entry for green deeds like cycling. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Danish capital is launching an initiative this month to reward climate-conscious visitors with incentives such as free meals, wine, kayaking tours, and complimentary entry to museums. Tourists and locals will be rewarded for their green deeds, such as arriving at a tourist attraction on a bike or picking up litter.

Persons: — Organizations: Service, Business Locations: Copenhagen

☆ Montana's housing crisis is a warning for older homeowners across the country
▼ + stars: | 2024-07-10 | by ( Eliza Relman | ) www.businessinsider.com time to read: +7 min

Older homeowners who live on fixed incomes are having a particularly hard time managing these rising costs. She blames rising property taxes and insurance costs but notes that inflation, in general, has also squeezed those on fixed incomes. Older homeowners are struggling in communities across the country. AdvertisementThe housing affordability crisis comes as the country is also facing a retirement crisis. AdvertisementMany older homeowners forced out of their housing end up unhoused, part of a growing homeless population in the state.

Persons: —, Beverly Dashnaw, she's, Montana, Policygenius, Dashnaw, it's, Greg Gianforte, Gianforte, you've Organizations: Service, Business, Harvard Joint Center for Housing Studies, Republican, American Locations: Montana

☆ Americans Are Angry Because Prices Are Constantly Changing
▼ + stars: | 2024-07-10 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

A "good" price for something today may have seemed outlandish five years ago. A "good" price for something today may have seemed outlandish five years ago, and it's understandable to wonder whether today's price is just as fleeting. The whole idea of what's a good price for a 12-pack of carbonated soft drinks has changed dramatically over the past few years." Plenty of companies can move their prices, whether by using dynamic prices or downright raising prices, because they're the only game in town. The answer to getting accustomed to high prices is basically to forget what those numbers were in 2019.

Persons: Wendy's, they're, There's, Carly Fink, —, Fink, they'd, Jon Hauptman, Hauptman, Timothy Webb, University of Delaware who's, it's, Ravi Dhar, Taylor Swift, John Zhang, Webb, Dhar, Emily Stewart Organizations: Walmart, Price, University of Delaware, Center, Yale School of Management, Starbucks, Wharton, Business

☆ Squirt Guns and ‘Go Home’ Signs: Barcelona Residents Take Aim at Tourists
▼ + stars: | 2024-07-10 | by ( Amelia Nierenberg | Rachel Chaundler | ) www.nytimes.com time to read: 1 min

For the last few months, tourists in certain areas of Spain have found fewer welcome mats and more hostility. Anti-tourism graffiti loops across buildings, and tens of thousands of people have protested this year against unsustainable mass tourism. Over the weekend in Barcelona, locals’ anger over housing shortages, overcrowding and the cost of living was tangible — and wet. Residents of the Catalan capital took to the streets on Saturday with water guns, squirting them at diners eating al fresco. Some carried signs with messages like “tourists go home” and “you are not welcome,” and doused families at restaurants.

Locations: Spain, Barcelona

☆ The Fed may soon cut interest rates. That could make your next trip abroad more expensive
▼ + stars: | 2024-07-10 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

SeongJoon Cho/Bloomberg via Getty ImagesThe U.S. Federal Reserve may start cutting interest rates before year's end. How interest rates impact the U.S. dollarIn reality, the dynamics driving dollar fluctuations are more complex than whether the Fed raises or lowers interest rates. The European Central Bank cut interest rates in June, for example. This is happening against the backdrop of a relatively strong U.S. economy, which also generally supports a strong dollar, Petersen said. For example, investors generally get a better return on cash when interest rates are high.

Persons: SeongJoon Cho, Jonathan Petersen, Petersen, " Petersen, that's, Richard Madigan, Benjamin Atwater, Atwater, Morgan's Madigan, Jerome Powell, Bonnie Cash Organizations: Bloomberg, Getty, . Federal, U.S ., Capital Economics, U.S, Morgan Private Bank, European Central Bank, Fed, Bank of Japan, U.S . Federal, Banking, Housing, Urban Affairs, ECB Locations: Japan, Asia, Denver, Europe, U.S

☆ Copenhagen to reward eco-friendly tourists with free food and tours
▼ + stars: | 2024-07-09 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Visitors to Copenhagen who engage in environmentally-friendly activities such as litter picking or traveling on public transport could be rewarded with free food, cultural experiences and tours as part of a new pilot program. The CopenPay trial scheme, which runs between July 15 and August 11, involves “transforming green actions into currency for cultural experiences,” the Danish capital’s tourism authority Visit Copenhagen, also known as Wonderful Copenhagen, said in a statement Monday. This includes complimentary guided museum tours, free kayak rentals, and even a free vegetarian lunch made from local crops,” the Wonderful Copenhagen statement added. The Danish capital is popular with visitors for its pretty architecture, world-class food and a safe, clean, green environment. “With CopenPay, we’re empowering people to experience more of what Copenhagen offers while placing less burden on our planet,” said Mikkel Aarø Hansen, CEO of Wonderful Copenhagen, in a statement.

Persons: ”, Mikkel Aarø Hansen, “, Hansen Organizations: CNN, National Gallery, Copenhagen, Wonderful Locations: Copenhagen, Denmark, Wonderful Copenhagen, Barcelona, Mallorca

☆ Former employee accuses Davos summit organizers of pregnancy and race discrimination
▼ + stars: | 2024-07-09 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA former employee at the World Economic Forum — the organizer of the illustrious Davos summit in the Swiss Alps — has accused the NGO and its founder, Klaus Schwab, in a lawsuit of pregnancy and race discrimination. Additionally, Smith said that after she announced her pregnancy in 2023, her position at the Forum "began deteriorating," according to the lawsuit. Others said they experienced sexual harassment by senior managers at the Forum as well as Davos VIP attendees, according to the Journal. In May, 86-year-old Schwab told staff in a memo he was stepping aside as the Forum's executive chairman as part of a planned transition.

Persons: —, Klaus Schwab, Topaz Smith, Smith, Smith didn't, Sam Altman, Bill Gates, Schwab Organizations: Service, Davos, Business, World Economic Forum, Journal, Forum, . Locations: Davos, Swiss

☆ Greece defends new six-day working week legislation, says it's an 'exceptional measure'
▼ + stars: | 2024-07-09 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

The Greek government has defended its new six-day working week policy, saying it is an "exceptional measure" that would only be applied in "specific circumstances." "It is important to note that this new regulation does not in any way affect the established 5-day/40-hour working week mandated by Greek law, nor does it establish a new 6-day working week," Greek Minister of Labour and Social Security Niki Kerameus told CNBC in emailed comments late last week. "All it does is provide only in limited circumstances for the option of an additional working day, as an exceptional measure." Especially for businesses that are not operational every day, "the additional working day option is permissible only in the case of an increased workload," Kerameus explained. "Most countries in Europe have similar provisions for exceptional additional working days.

Persons: Niki Kerameus, Kerameus Organizations: Labour, Social, CNBC, Organization for Economic Cooperation, Development, European Union Locations: Athens, Greece, U.S, EU, Europe

Mass tourism troubles hit fever pitch in Barcelona on Saturday as protesters threw items and sprayed travelers with water guns and canned drinks, while shouting "tourists go home." In 2023, hotel occupancy rates neared 80% in July and August, as the city of 1.6 million people swelled to accommodate more than 4 million visitors, according to the Barcelona City Council. Paco Freire | Sopa Images | Lightrocket | Getty ImagesBut the delicate dance between locals and visitors had spiraled long before that. Two tourists on bicycles being stopped in front of a demonstration against mass tourism in Barcelona on July 6, 2024. Paco Freire | Sopa Images | Lightrocket | Getty Images

Persons: overtourism, Paco Freire, Jaume Collboni, Collboni Organizations: Barcelona City, Associated Press, Barcelona City Council, Barcelona Cruise Port, Getty Locations: Barcelona, Barceloneta, Spain, France

☆ Hotel guests and protestors clash in Barcelona as anger over mass tourism grows
▼ + stars: | 2024-07-09 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHotel guests and protestors clash in Barcelona as anger over mass tourism growsThe protesters — angry about the city's long-standing problems with overtourism — also used tape to block hotel entrances and sidewalk cafes in Barceloneta.

Persons: overtourism — Locations: Barcelona, Barceloneta

☆ Barcelona anti-tourism protesters fire water pistols at visitors
▼ + stars: | 2024-07-08 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Protesters in Barcelona have sprayed visitors with water as part of a demonstration against mass tourism. Demonstrators marching through areas popular with tourists on Saturday chanted “tourists go home” and squirted them with water pistols, while others carried signs with slogans including “Barcelona is not for sale.”According to Barcelona's City Council, some 2,800 people demonstrated against mass tourism in the center of Barcelona on Saturday. Josep Lago/AFP/Getty ImagesAccording to official figures, almost 26 million visitors made an overnight stay in the Barcelona region in 2023, spending €12.75 billion ($13.8 billion). Protesters squirt water pistols during Saturday's protest. In April, locals in the Canary Islands mobilized to protest against excessive tourism, blaming visitors for pricing them out of their homes and causing environmental damage.

Persons: Lorena Sopêna, de, Josep Lago, Decreixement Turístic, Jaume Collboni, Collboni, Louis, Antoni Gaudí’s Organizations: CNN, Protesters, “ Barcelona, Barcelona's City Council, Europa Press, Assembly, Tourism Degrowth, Louis Vuitton, Antoni Gaudí’s Parc, Canary Locations: Barcelona, Spain, Canary, Mallorca, AFP, Antoni Gaudí’s Parc Güell

☆ Copenhagen Tries Rewards for Good Tourist Behavior
▼ + stars: | 2024-07-08 | by ( Ceylan Yeğinsu | More About Ceylan Yeğinsu | ) www.nytimes.com time to read: +1 min

A looming ban on vacation rentals in Barcelona. At a time when overwhelmed European destinations are slapping tourists with restrictions and fees, Copenhagen is trying a different approach: rewarding visitors who act responsibly. Beginning July 15, tourists who demonstrate climate-friendly travel behavior by participating in the city’s green initiatives — including cycling, train travel and clean-up efforts — will be granted access to museum tours, kayak rentals, free meals and more. “We must turn tourism from being an environmental burden into a force for positive change,” said Mikkel Aarø-Hansen, the chief executive of Wonderful Copenhagen, the tourism organization for the Capital Region of Denmark. Copenhagen’s new initiative, CopenPay, aims to bridge the gap between the desire to act sustainably and actual behavior by making climate-friendly action a currency for cultural experiences.

Persons: —, ”, Mikkel Aarø, Hansen, Kanter Organizations: Wonderful, Capital Locations: Venice, Barcelona, Majorca, Copenhagen, Wonderful Copenhagen, Denmark, London

☆ Why Tahiti will host part of the Paris Olympic Games and the controversy that comes with it
▼ + stars: | 2024-07-08 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +8 min

But one of the most stunning backdrops for the quadrennial competition won’t be in Paris – or France for that matter. The selection of Tahiti fulfills one of the pledges from Paris organizers, who promised to spread the Olympics throughout French territory. Tahiti became a French colony in 1880 and is now classified as an autonomous overseas country of the French Republic. Located roughly 9,700 miles and a 21-hour flight away from Paris, Teahupo’o will make for one of the far-flung host cities for an Olympic event in history. “Over the years corals (have) even covered the previous concrete tower base structure.”He added: “The new tower was never only for the Olympic Games.

Persons: Pont Alexandre III, Teahupo’o, ”, Tony Estanguet, ” Teahupo’o, “, Alexandra Dempsey, Khaled bin, “ You’re, that’s, –, Tim McKenna Organizations: CNN, Olympic, Games, Olympic Games, Oceans Foundation, International Surfing Association, Surfer Magazine Locations: Versailles, Paris –, France, Tahiti, Paris, French, French Republic, Polynesia, Teahupo’o

☆ Protesters spray water guns at tourists in Barcelona as thousands rally against overtourism
▼ + stars: | 2024-07-07 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Footage showed protesters squirting water guns at tourists and telling them to "go home." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Multiple outlets reported that thousands of protesters, including more than 150 organizations, marched through Barcelona on Saturday. Photos showed protesters carrying signs that read, "Barcelona is not for sale" and "Tourists go home." This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Service, Tourists, Business Locations: Barcelona

☆ Massive drought in Italy threatens to destroy Sicilian tourism
▼ + stars: | 2024-07-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Sicily, Italy, is in a state of emergency over the worst drought the country has seen in 20 years. As a tourism-driven economy, the drought is threatening the financial stability of the region. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn extreme drought in Sicily is the worst the Italian island has seen in 20 years, and it's so bad it's threatening the region's economy.

Persons: — Organizations: Service, Sky News, Business Locations: Sicily, Italy, Ethiopia

☆ The UK used to be a European tourism hot spot. Here’s how it all went wrong
▼ + stars: | 2024-07-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +14 min

Tax-free shopping for tourists has been axed, and EU visitors now need a passport to visit, which most don’t have. Matt Cardy/Getty ImagesAs a result of Brexit, in 2021 the UK government abolished tax-free shopping for non-EU citizens. It means the UK is now the only European country not offering tax-free shopping to visitors from outside the continent. “The impact of losing tax-free shopping is clear to see,” says Dee Corsi, chief executive of the NWEC. “Whilst the likes of Italy and France are actively leveraging tax-free shopping as a driver of growth, British businesses continue to trade at a disadvantage.

Persons: CNN —, Rishi Sunak, what’s, JC Milhet, Hans Lucas, Tom Jenkins, ”, “, ” Patricia Yates, Kayla Zeigner, Marcy Zyonse, We’ve, –, Yates, ” There’s, Zeigler, Zyonse, ’, Owen Humphreys, VisitBritain, That’s, she’s, Keir Starmer, VisitBritain's Yates, Phil Noble, ” “, Marcus Lee, hasn’t, Matt Cardy, Dee Corsi, Jenkins, “ It’ll, King Charles, John Sibley, London “, Mia, ” She’ll, Britain Organizations: CNN, UK’s Labour Party, Conservative, Labour, Getty, European Tourism Organisation, VisitBritain, Destination, Tourism, New, London, ”, UK, “, China Travel, Visitors, West End Company Locations: Britain, Italy, Luxembourg, London, AFP, Europe, Caribbean, Greece, Lake, Ireland, It’s, Spain, France, New York, ”

☆ This Italian vacation hotspot is turning tourists away as it runs out of water
▼ + stars: | 2024-07-06 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

CNN —Set atop a hill on the Italian island of Sicily, Agrigento is a heritage tourist’s paradise. Sicily began enforcing water restrictions in February when the region declared a state of emergency amid a relentless drought. Tourists at the Temple of Concordia, an ancient Greek archeological site outside of Agrigento in southern Sicily, Italy. Sicily’s regional president, Renato Schifani, said the island’s losses — between crops, empty reservoirs and dying livestock — have already topped €1 billion. “The consortium used to guarantee water rotation every five or six days,” he said, referring to a farmers representative group.

Persons: Leisa Tyler, LightRocket, “, ” Giovanni Lopez, Diana Santanchè, Summers, Marco Maccarrone, ”, Maccarrone, Fabrizio Villa, Nicola Farruggio, Francesco Picarella, ” Picarella, Luca Cammarata, He’s, Alberto Pizzoli, ANBI, Renato Schifani, CNN’s Antonia Mortensen Organizations: CNN, of, Sicilian, Italian National Institute for Environmental Protection, Research, Getty, Sicily’s Hotel Federation, Agrigento’s Hotel Federation, of Culture, Water Resources Locations: Sicily, Agrigento, Italy, Rome, Syracuse, Pergusa, Italian, Caltanissetta, Mount Etna, AFP

☆ Italian neighbors used to compete by building tall towers. See inside one that's still standing after 600 years.
▼ + stars: | 2024-07-06 | by ( Lydia Warren | ) www.businessinsider.com time to read: 1 min

At the time it was built, neighbors competed to see who could build the tallest structure. Animaflora PicsStock/ShutterstockIt was common in Italy for rich families to commission towers to see who could build the tallest one. "Towers were symbols of power, of importance, prestige, and wealth," MP Tours founder Paula Stanghetta, who has visited the city, told Business Insider. "Families competed to create the highest, most unique tower, which could also serve as a strategic advantage in times of attack." "Beyond a certain height, however, the tower often collapsed, to the mockery of the owner and great satisfaction of the enemy families," wrote Lucca's tourism office.

Persons: Torre Guinigi, Animaflora, Paula Stanghetta Locations: Italy

☆ 3 things I learned about longevity while visiting the Nicoya Peninsula of Costa Rica, one of the world's Blue Zones
▼ + stars: | 2024-07-05 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Read previewThere's more to see on the white sand beaches of Costa Rica's Nicoya Peninsula than the beautiful jungle coastline. As one of the world's original Blue Zones, residents there live longer, healthier lives than the global average. Locals I spoke to said the Blue Zone lifestyle is real, but it's fading. Related storiesMaintaining a Blue Zone lifestyle in a modern-day world doesn't happen automatically — it takes daily effort and intention. In speaking with them, it became clear that Blue Zone living makes wellness a routine built into daily life, and simple habits are best for that.

Persons: —, aren't, Pollolandia, Costa Organizations: Service, Business, Blue, Central American Locations: Costa, Nicoya, Costa Rica, Paquera, Montezuma

☆ Mt. Everest may be the tallest mountain to climb, but it's not the most difficult. Factors like technique and commercialization contribute, according to 3 professional mountaineers.
▼ + stars: | 2024-07-05 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Everest is the world's tallest peak, that doesn't mean it's the most difficult to climb, according to three professional mountaineers. Jenn DrummondDon't let the name fool you — when it comes to difficulty, there's nothing secondary about the Seven Second Summits. Unlike the seven highest summits, some of the Seven Second Summits involve skiing and rock climbing in addition to hiking. AdvertisementOut of all the Seven Second summits, Mt. Climbing Mt.

Persons: —, Jenn Drummond, Drummond, there's, Jake Meyer, Garrett Madison, it's, crevasses —, Alan Arnette, Arnette, Jason Maehl, Madison Organizations: Service, Mountaineers, Business, Everest Locations: Everest, Kilimanjaro, . Logan, Nepal, Kathmandu, Logan, Tyree, Mt . Logan, Mt, Lhotse, Nuptse

☆ California put up its fast-food wage to $20. Its governor is adamant it's not causing employment to fall.
▼ + stars: | 2024-07-05 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

But BLS data shows that employment in California's limited-service restaurant industry dips in the winter. Related storiesThe BLS data includes employment at all limited-service restaurants, including those exempt from the new minimum wage. The year-over-year growth in limited-service restaurant employment is a continuation of a trend seen before the pandemic, too, with total employment in the industry growing every year. AdvertisementThe $20 minimum wage was introduced to support workers in a state with a notoriously high cost of living. Have you been affected by California's new $20 minimum wage?

Persons: —, Gavin Newsom, Newsom, Newsom's, Tom Manzo, It's Organizations: Service, Business, California, Industrial Alliance, Hoover Institution, Stanford University, Wall Street, California Employment Development Department, US Bureau of Labor Statistics, BLS Locations: California, USA

☆ 'One of the greatest ways to invest in Asia': Fund manager names 6 under-the-radar stocks to buy
▼ + stars: | 2024-07-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Portfolio manager Richard Kaye is bullish on the Japanese market and believes it offers an opportunity "a lot of people don't recognize." The stronger performance of Japanese equities follows the Tokyo Exchange Group's push for reforms last year. Stocks to play Kaye believes several sectors and stocks in Japan make good plays right now. Among the companies on his radar are Fanuc Corp and Keyence Corp which are in the business of automation products. In medical electronics and health care, Kaye is bullish on Shimadzu Corp and Sysmex Corp .

Persons: Richard Kaye, Kaye, CNBC's Organizations: Tokyo Exchange, Fanuc, Keyence, Shimadzu Corp, Sysmex Corp, Tokyo Disney Resort, Tokyo Stock Exchange, U.S Locations: Japan, Asia, China, Tokyo, U.S

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