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JAPAN
Apr 20, 1998

Hashimoto defends reform bill before Diet

A bill to reform the current bloated administrative system is indispensable to make government slimmer and more effective for the 21st century, Prime Minister Ryutaro Hashimoto told a Diet session April 20.
JAPAN
Apr 16, 1998

Agency urges legal backing for defense guidelines

Legislation on the new Japan-U.S. defense guidelines must provide the state with legal grounds for asking local administrations to give logistical support to U.S. forces in emergencies, a top defense agency official said April 16.
JAPAN
Apr 15, 1998

Lawmakers question legality of obliged support for U.S. forces

In a meeting with Foreign Ministry and Defense Agency officials, lawmakers from the tripartite ruling coalition voiced concern April 15 over how the state could oblige local administrations to cooperate in providing U.S. forces with logistical support in contingencies.
JAPAN
Apr 14, 1998

Russia turmoil mars Yeltsin treaty quest

First of two parts
JAPAN
Apr 14, 1998

Panel agrees on bill to ban officials from receiving gifts

A panel of the ruling alliance agreed April 14 on a draft bill that would, in principle, ban government employees from receiving gifts and entertainment from corporations, organizations and individuals.
JAPAN
Apr 13, 1998

Rengo push for bigger tax cuts dismissed

Prime Minister Ryutaro Hashimoto dismissed a Japanese Trade Union Confederation (Rengo) demand April 13 to implement a 6 trillion yen tax cut this year as technically difficult.
JAPAN
Apr 13, 1998

Traffic light concern suspected of tax evasion, police ties

A business group that maintains traffic control systems in eastern Japan is suspected of evading 500 million yen in taxes and hiding more than 1 billion yen in income, informed sources said April 13.
JAPAN
Apr 9, 1998

New BOJ board decides to keep easy monetary policy

The Bank of Japan said Thursday that it will retain its easy monetary policy, including its official discount rate at an all-time low of 0.5 percent, reflecting the first decision of its new policy board.
JAPAN
Apr 9, 1998

Accord inked on Aha base return

U.S. and Japanese representatives signed an official agreement Thursday over the return of a U.S. military base in Aha, northern Okinawa Prefecture.
JAPAN
Apr 8, 1998

Aid to curb Myanmar opium could total up to 700 million yen

Staff writer
JAPAN
Apr 8, 1998

Diet passes 77.67 trillion yen budget

The 77.67 trillion yen fiscal 1998 national budget was passed by the Diet late April 8 in a House of Councilors plenary session vote.
JAPAN
Apr 8, 1998

Sales tax report angers ruling bloc

Executive members of the ruling alliance on April 8 grew angry over a newspaper report that said the U.S. is getting even more specific in its suggestions on how Japan should fix its ailing economy.
JAPAN
Apr 6, 1998

More tax cuts coming, Hashimoto implies

The government will soon implement more tax cuts after revising the Fiscal Structural Reform Law, which at present imposes strict financing restraints, Prime Minister Ryutaro Hashimoto implied during a Diet session April 6.
JAPAN
Apr 2, 1998

No changes to Yeltsin visit planned

The Japanese government has not heard of any changes in the schedule of Russian President Boris Yeltsin's planned April 11-13 visit, Chief Cabinet Secretary Kanezo Muraoka said Thursday.
JAPAN
Apr 1, 1998

BOJ board reveals economic beliefs

In a move that may symbolize the central bank's new transparency, newly appointed members of the Bank of Japan Policy Board on Wednesday clearly expressed their opinions about interest rates and the economy.
JAPAN
Apr 1, 1998

New recruits, BOJ get fresh start in fiscal '98

The scandal-tainted Bank of Japan started afresh Wednesday under the new BOJ Law, which gives the central bank more independence from the government but requires its monetary policymaking to be more transparent.
JAPAN
Apr 1, 1998

Matsunaga sticks to guns on reform

Efforts at fiscal reform might have slowed down, but the government's basic goal of fiscal reconsolidation must not be abandoned, Finance Minister Hikaru Matsunaga said during a new conference Wednesday.
JAPAN
Mar 31, 1998

Deregulation plan launched to activate economy

A three-year plan was launched March 31 that targets 15 industrial sectors for deregulation, including domestic airline operations, electric power retailing and digital broadcasting, government officials said.
JAPAN
Mar 26, 1998

16 trillion yen stimulus plan packed with public works

The ruling Liberal Democratic Party on March 26 proposed the nation's largest-ever economic stimulus package, worth at least 16 trillion yen.
JAPAN
Mar 24, 1998

Kato urges revision of fiscal reform deadline

Koichi Kato, secretary general of the ruling Liberal Democratic Party, Tuesday said that the target year for fiscal reform can be moved back by two years from the original goal year -- a step that would provide flexibility in working out economic stimulus measures.
JAPAN
Mar 24, 1998

Taiwanese passport may receive official recognition

The Cabinet approved a bill Tuesday to revise the immigration law to allow people from Taiwan to use their passport as an official document when entering Japan.
JAPAN
Mar 23, 1998

Public works considered best stimulus package

Staff writer
JAPAN
Mar 20, 1998

Hashimoto, LDP play different roles on economy

Staff writer
JAPAN
Mar 20, 1998

Upper House approves soccer lottery revisions

The Upper House, supported by members of the ruling Liberal Democratic Party and one of its allies, New Party Sakigake, approved a revised bill March 20 to start a soccer lottery system that would raise funds for the promotion of athletics.
JAPAN
Mar 20, 1998

Lower House approves 78 trillion yen budget

The 77.67 trillion yen fiscal 1998 state budget cleared the Lower House late March 20 and moved on to the Upper House with no amendments, allowing Prime Minister Ryutaro Hashimoto to clear a major political hurdle.
JAPAN
Mar 20, 1998

'Layman' stands behind BOJ chief

Sakuya Fujiwara, the Bank of Japan's new senior deputy governor, said he wants to contribute to the central bank from his unique position as a "layman who does not know the theory and practice" of financial issues.
JAPAN
Mar 20, 1998

Hayami takes helm of Bank of Japan

Masaru Hayami took the helm as governor of the trouble-stricken Bank of Japan on March 20, emphasizing the need for the central bank to protect its independence and ensure transparency in policymaking as the revised BOJ Law takes effect April 1.
JAPAN
Mar 19, 1998

Diet passes bill to give corporate status to NPOs

The Diet passed a revised bill March 19 that will give corporate status to volunteer and other citizens' groups for the first time by recognizing them as official nonprofit organizations.
JAPAN
Mar 19, 1998

Deregulation steps to end power firms' monopoly

The government announced March 19 that it plans to end utilities' monopoly on electric power generation and lift a ban on cheaper air fares as part of its fiscal 1998-2000 deregulation program.
JAPAN
Mar 18, 1998

State to withdraw 400 million yen claim against Aum

The government intends to withdraw a claim for more than 400 million yen against Aum Shinrikyo, which has been declared bankrupt, Chief Cabinet Secretary Kanezo Muraoka indicated March 18.

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