Teiko Receives Credit Rating Upgrade from Adex Credit Rating Agency

Teiko City, Teiko Prefecture - Boosted by international trade and boom in real estate, Teiko received another credit rating upgrade from Adex Credit Rating Agency, one of the largest and most trusted financial institution in Adonia. Adex raised Teiko's credit rating from BBB to A earlier this month with an economic outlook of stable.

The increase in credit rating was met with praise from both private and public sectors. The Teiko National Stock Index (TENSI) logged another new record for the 6th time this month while the Teikonian Zen rose .472 to Shayden Sent, also it's highest in ten years. 

"This is good, it only implies that we are geered toward our goal of being an economic center in Adonia. Higher credit rating implies that we are now an investment hotspot and we are encouraging more investors to come here." Reiji Namikawa announced in an interview with Devon News in correlation with the sudden tiger growth of Teiko's economy. "With this, we might be able to achieve our millennium plans earlier than expected." He added.

One of the biggest factors that have contributed to Teiko's robust growth as analyzed by Arashi and Kanjani, the most prominent financial service provider int he country, is the increase of land value due to property developments around the country. "With a lot of buzz going around the country, we are slowly adding more jobs which in return provides better salary of people thus improving the country's quality of life. Of course, added also with the strict education, health and social security policies of the government." Kojiro Arashi, one of the best financial analysts in the country explained via an interview. 

With continuous flow of investments both national and international, Teiko might definitely be one of the largest top 5 economies by 2025. 

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MoD Strengthens Conscription in Teiko

Tetsuya Special Administrative District - After the passage of the CB #2013-415-512 which is also known as the "An Act to Amend the Current Teiko Conscription Policies" two weeks ago, the Ministry of Defense (MoD) announced earlier today that they will now implement the new policies regarding the stricter conscription for male Teikonians. 

Among the new policies includes the change from conscription age bracket from all male Teikonians from 18-45 to 21-40 which will be effective immediately. This new change will give time to those aging men to avoid the heavy tasks during the military training as well as provide a short period of adjustment for those newly graduated students. 

Another addendum to the present system is the increase of the timespan of military training from 1 and half years to 2 years. However, trainees will still be receiving the same amount of salary which is half of the minimum wage. The addition of another six months will induce trainings regarding use of the newest technological weapons such as combat bots, drones and etc.

Lastly, another major change is the force conscription of neutralized Teikonians. This means that all men wanting to live in Teiko and get an Honorary Teikonian Citizen status must be willing to submit themselves to the military training. They will also undergo the same training with the other Teikonians. However, neutralized citizens currently living in the country are no longer required to do such and the policy is only applicable to those who are still applying and those who have applied but has not been approved as of today. 

With this new policies, the MoD expects to triple or quadruple the number of reserved troops in the next five to ten years. Brought about by continuous chaos both in the international and national arena, MoD plans to upgrade the country's military services better. "It is better to be safe and endure the sacrifices than to be sorry for doing nothing." Kwell Soresi, Commanding General of the Teiko National Army, the branch of the Armed Forces of Teiko which facilitates one of the programs of the conscription. The program is also handled by the other branches which are Teiko National Air Force, Teiko National Navy and Teiko National Marine Corps. 

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Teiko Economic Forum Held at Beika City

The Ministry of Finance and Ministry of Trade in Industry in consortium with the Adonia Economic Forum held the first Teiko Economic Forum at Hanjin Hotel, Beika City last May 2014. All together, there was an expected number of 1,500 particiapants coming from all over Eastern Althena and Adonia. Among the Teiko personalities who attended are MoF Minister Shouchi Imayoshi, MTI Minister Reiji Namikawa, Department of Economic Planning Yuu Yanase and Teiko National Commission Kisa Shouta. The forum aimed to help promote Teiko as an international gateway for trade and a core for technology and manufacturing industry.

"With all the presumptions and prejudices against conduct of business in Teiko, this was a great opportunity to showcase how much of a business friendly country we are." Shouchi Imayoshi mentioned in an interview after day one of the Teiko Economic Forum. "This shall be a standard where we show the world we are serious with becoming a more free-market economy but of course, not too much." He added smiling. 

Among all the other discussions regarding fiscal policy, trading issues and economic planning held during the four day period of the Teiko Economic Forum, the colloquium also included a one-day visit to some popular tourist spots in the country including Hayama Island and Jinju Beach. The government wishes to conduct such forum annually to attract more investors.

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