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July 27, 2024
 

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BUDGETS

BUSINESS
May 31, 2016
Government to subsidize Kyushu tourism in bid to help region recover from quakes
The government said Tuesday it will use the first batch of its recently approved extra budget to revive tourism and rebuild businesses in quake-rattled Kyushu.
WORLD
Apr 5, 2016
Just 10% of global military spending could make big impact on poverty: think tank
World military spending rose 1 percent in 2015, the first annual increase in four years, a Stockholm think tank said Tuesday as it estimated 10 percent of this could cover the costs of global goals aiming to end poverty and hunger in 15 years.
Japan Times
WORLD / Science & Health
Jan 21, 2016
Cash-strapped Russia considers 30% cut to its space program
Russia will spend 30 percent less on its space program in the next decade and scale back a slew of projects to save money in the face of tanking oil prices and a falling ruble, a plan presented by the country's space agency showed on Wednesday,
BUSINESS
Jan 20, 2016
Diet enacts extra budget through March, prioritizes welfare, farming
Lawmakers activate a u00a53.32 trillion extra budget for fiscal 2015 to bolster the economy through greater social support and other means.
Japan Times
WORLD / Science & Health
Dec 30, 2015
Russia to revise space program amid economic troubles, including cuts to moon exploration
Russia is to revise its space program, the national space agency said on Tuesday after a newspaper published a report that billions of dollars of cuts may be on the way, including to ambitious moon exploration plans.
Japan Times
BUSINESS / Economy
Dec 30, 2015
China eyes huge deficit to cushion reforms, slowing growth
China could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest the slowdown in the economy, policy advisers say, after a year of easing monetary policy has brought disappointing results.
EDITORIALS
Dec 25, 2015
Budgeting ahead of an election
The Abe administration appears to be sacrificing budgetary discipline in favor of doling out pork ahead of the Upper House election.
JAPAN
Dec 19, 2015
Cost to host 2020 Olympic Games surges sixfold to ¥1.8 trillion
The cost to host the 2020 Tokyo Olympics has skyrocketed, with the tally now roughly six times the original estimate of ¥301.3 billion (roughly $2.5 billion) a source said Friday.
BUSINESS
Dec 18, 2015
Abe's Cabinet OKs ¥3.5 trillion extra budget to support economy
Prime Minister Shinzo Abe's Cabinet approved an extra budget Friday worth ¥3.5 trillion for this fiscal year through March to bolster the economy through enhanced welfare services and a more competitive farm sector.
Japan Times
BUSINESS
Dec 17, 2015
Japan to double tourism budget for fiscal 2016 to further lure visitors
The government plans to double the tourism agency's budget for fiscal 2016 to step up efforts to attract more foreign tourists, sources familiar with the matter said Thursday.
BUSINESS
Nov 27, 2015
Abe orders extra budget drafted to boost welfare, agriculture
Prime Minister Shinzo Abe on Friday instructed his Cabinet to compile an extra budget for fiscal 2015 to bolster welfare services and improve the competitiveness of the farm sector.
Japan Times
COMMENTARY / Japan
Nov 22, 2015
Higher education badly in need of a spending boost
The global rankings of Japanese universities will keep falling unless more money is spent to improve the quality of higher education.
BUSINESS
Aug 26, 2015
Japan fiscal 2016 budget requests to hit record ¥102 trillion
Budget requests by Japan's central government offices for the new fiscal year from next April are set to total a record ¥102 trillion ($853 billion), due primarily to social security spending growth in a rapidly aging society, government sources said Tuesday.
Japan Times
JAPAN / Politics
Aug 9, 2015
Japan Defense Ministry to seek record-high ¥5.2 trillion budget for next fiscal year
The Defense Ministry is considering seeking a record-high budget of up to ¥5.2 trillion for fiscal 2016 from next April, following spending hikes over the past three years under the administration of Prime Minister Shinzo Abe, a senior ministry official said.
COMMENTARY / Japan
Jul 2, 2015
Reaganomics is not the answer for Japan
If Abe doesn't rethink his approach, and develop a plan to cut wasteful spending and find new revenue sources, things are sure to get worse for Japan.
Japan Times
BUSINESS
Jun 29, 2015
Japan weighs 'almost suicidal' pension squeeze for growing band of seniors
Sipping beer and listening to a guitarist at an event for retirees in western Tokyo, Sadao Sekine said he backs government plans to cut the nation's ballooning debt — as long as he can keep his benefits.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
JAPAN / Politics
Mar 8, 2015
Government eyes additional ¥6 trillion for Tohoku reconstruction
A fresh u00a56 trillion in state funds is being prepared to help rebuild areas damaged by the mega-quake and tsunami of March 2011.
Japan Times
ASIA PACIFIC
Mar 4, 2015
Chinese defense spending slows but still tops GDP growth rate
China's central government will increase defense spending at a slower pace than last year as President Xi Jinping overhauls the military and seeks to stamp out the corruption that hinders the country's combat readiness.
BUSINESS / Economy
Feb 3, 2015
Diet enacts extra budget to boost domestic demand
The Diet has enacted a ¥3.12 trillion extra budget for fiscal 2014 to fund an economic stimulus package aimed at boosting domestic demand aggravated by last year's consumption tax hike and the yen's plunge.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Brazil issues apology for persecuting Japan immigrants during WWII
Enea Almeida (right), chair of the Brazilian amnesty commission, shakes hands with the representative for Japanese immigrants on Thursday in Brasilia.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives
JNTO promotes sustainable tourism initiatives

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