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JAPAN

Oct 15, 1998

Current account grew 43.6% in August

The nation's current account surplus rose 43.6 percent in August from a year earlier to 1.158 trillion yen, the Finance Ministry said in preliminary statistics released Thursday.It was the 17th consecutive month of growth for the broadest gauge of trade in goods and services and some unilateral transfers.The...

JAPAN

Oct 15, 1998

Quick recovery unlikely, BOJ reports

A speedy economic recovery will be difficult to achieve despite the government's economic stimulus measures and the Bank of Japan's easier monetary policy, the central bank said in a report released Thursday.According to the BOJ's monthly report on recent economic and financial developments for October,...

JAPAN

Oct 15, 1998

Nonaka scolds Kishi's resistance to bank bill

Banks should expedite their restructuring efforts and get a better understanding of their responsibility in the nation's financial system, Chief Cabinet Secretary Hiromu Nonaka said Thursday.Nonaka's remarks were directed at a comment made earlier in the day by Satoru Kishi, chairman of the Federation...

JAPAN

Oct 15, 1998

Recapitalization plan on verge of becoming law

The new bank recapitalization bill is expected to be enacted today on the last day of the current Diet session.The bill, which cleared the Lower House Tuesday, is expected to be approved by the Upper House's plenary session this afternoon.At the same time, the chamber's plenary session will also approve...

JAPAN

Oct 15, 1998

Immigration to ease rules on re-entry permits, Australians

Justice Minister Shozaburo Nakamura on Thursday announced a set of changes to immigration policies, including extending the period for re-entry permits and eliminating a visa requirement for short-term visitors from Australia.Nakamura told a news conference that the changes are part of the nation's...

JAPAN

Oct 15, 1998

Sorrow expressed for Okinawa girl's death

Chief Cabinet Secretary Hiromu Nonaka expressed his sorrow Thursday over the death the previous day of a female hit-and-run victim in Okinawa Prefecture."We would like to pray for the repose of her soul," he said, referring to Yuki Uema, an 18-year-old high school student who died of head injuries sustained...

JAPAN

Oct 15, 1998

Expert calls for overhaul of emergency medical system

By Kaoruko Aita

Staff writerThe nation's emergency medical system should be greatly improved before organ transplants from brain-dead donors are promoted, said one veteran doctor who specializes in emergency care.Yuichi Hamabe, director of the Tokyo Metropolitan Bokuto Hospital's Life Support Emergency Center in Sumida...

JAPAN

Oct 15, 1998

JNR repayment plan wins Diet approval

Laws for disposing of 27.8 trillion yen in debts left behind by the now-defunct Japanese National Railways were enacted Thursday when the Upper House approved the measures by a margin of 129-113.Under the laws, the huge debts will be disposed of over 60 years, mostly by using taxpayer money and by requiring...

JAPAN

Oct 15, 1998

Industrial output lowest since May '94

Industrial output dropped by 1.3 percent from July to August, falling to the lowest level since May 1994, according to a revised report issued Thursday by the Ministry of International Trade and Industry.In a preliminary report released earlier, MITI said industrial output in August declined 0.6 percent.Due...

JAPAN

Oct 15, 1998

Bank infusions should be simultaneous, Hayami says

The nation's 19 major banks should receive capital injections not one at a time but all at once to maximize the move after a bank recapitalization bill designed to reinforce their capital bases is enacted, Bank of Japan Gov. Masaru Hayami said Thursday.With the injection of public funds, clear-cut disclosure...

JAPAN

Oct 15, 1998

Tight lending takes toll on record number of firms

A record number of small and medium-size firms are suffering from banks' tight grip on lending, according to a report released Thursday by the Ministry of International Trade and Industry.The financial institutions are reluctant to lend because they are struggling to sustain their capital-adequacy ratios...

JAPAN

Oct 15, 1998

The Asahara Trial: Accused killer vents spleen

A senior Aum Shinrikyo figure expressed his disgust at prosecutors during his guru's murder trial Thursday, claiming he was repeatedly forced to change his testimony during investigations to fit the state's portrayal of events leading up to the sarin attack in Matsumoto, Nagano Prefecture.Satoru Hashimoto,...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Totopa in Tokyo’s Shinjuku Ward was picked by consultants TTNE as the best sauna of the year.

Japan’s sauna movement: Relax, refresh, repeat

By Greg Dvorak

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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