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August 15, 2024
 

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BUDGETS

Japan Times
JAPAN
Dec 19, 2019
Japan approves reduced post-3/11 reconstruction budget, citing progress
The government approved a plan Thursday to drastically reduce its budget for reconstruction of areas hit by the 2011 earthquake, tsunami and nuclear disaster due to progress in ongoing projects.
Japan Times
ASIA PACIFIC
Dec 18, 2019
South Korea and U.S. fail to agree on cost of American troops as deal set to expire
South Korea and the United States failed on Wednesday to reach an agreement over Seoul's contribution toward hosting some 28,500 U.S. troops, ending two days of talks that were the last before their existing deal expires on Dec. 31.
Japan Times
ASIA PACIFIC
Dec 14, 2019
South Korean protesters destroy portraits of U.S. ambassador
Protesters angry over American demands that South Korea pay more for defence destroyed portraits of the U.S. ambassador stuck on blocks of tofu outside the U.S. Embassy on Friday after police warned them against staging a more aggressive demonstration.
BUSINESS
Dec 13, 2019
Japan's Cabinet approves ¥4.47 trillion extra budget focused on post-disaster reconstruction
The Cabinet approved Friday an extra budget totaling ¥4.47 trillion for this fiscal year, to support reconstruction efforts following natural disasters and prepare mitigation measures for similarly catastrophic events in the future.
BUSINESS
Dec 12, 2019
Japan's extra budget for fiscal 2019 expected to reach ¥3.2 trillion
The government plans to earmark ¥3.2 trillion in spending under a planned supplementary budget for fiscal 2019, which ends in March, sources said Thursday.
Japan Times
JAPAN
Dec 10, 2019
Japan estimates post-3/11 reconstruction costs at ¥1.5 trillion for fiscal 2021-25
The government announced an estimate Monday that it will spend around ¥1.5 trillion on reconstruction projects for areas devastated by the March 11, 2011, earthquake and tsunami in the five-year period starting from fiscal 2021.
Japan Times
BUSINESS / Economy
Dec 3, 2019
Japan preparing ¥13 trillion stimulus package as recession risks rise
The spending could further strain the industrial world's heaviest public debt burden, which is more than twice the size of the Japanese economy.
BUSINESS / Economy
Nov 23, 2019
Japan plans supplementary funding as cashless payment reward program takes off
The government is considering additional funding of more than ¥100 billion ($920 million) in the supplementary budget to finance a popular rewards program for shoppers making cashless payments, Jiji Press has learned.
Japan Times
BUSINESS
Nov 21, 2019
Japan's ruling bloc calls for ¥10 trillion to boost typhoon recovery and slowing growth
Analysts have doubts about the ability to spend such a large amount given the government debt.
Japan Times
ASIA PACIFIC
Nov 19, 2019
U.S., South Korea defense cost talks break down over Trump's $5 billion demand
Cost-sharing talks between the U.S. and South Korea broke down over U.S. President Donald Trump's demands for a fivefold funding increase, raising new questions about the stability of one of America's closest alliances.
Japan Times
JAPAN / Politics
Nov 3, 2019
What Trump's tough talk might hold for negotiations on U.S.-Japan cost-sharing deal
It's no secret that U.S. President Donald Trump views alliances with a skeptical eye. Trump, who fancies himself a dealmaker, has repeatedly called for allies around the world to shoulder more of the costs of their partnerships with the United States.
Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Nov 3, 2019
Trump's push for Seoul to pay more for U.S. troops throws alliance into question and puts Tokyo on notice
Despite faltering denuclearization talks, U.S. President Donald Trump has been heaping praise on North Korean leader Kim Jong Un, brushing away concerns by top Asian allies over recent missile launches and boasting of his "very good" relationship with the dictator of the nuclear-armed pariah state.
Japan Times
JAPAN / Politics
Nov 2, 2019
Abe eyes economic package to assist recovery from typhoons and offset tax hike
Prime Minister Shinzo Abe is ready to instruct his staff to draw up a package of measures in response to a recent spate of massive natural disasters and to rev up the nation's economy following the recent consumption tax hike.
Japan Times
JAPAN
Oct 19, 2019
Nearly ¥35 billion of U.S. defense gear undelivered despite Japan's ramped-up purchases
An audit board has urged the Defense Ministry to negotiate with the U.S. so that such delays will be resolved as soon as possible.
Japan Times
BUSINESS
Oct 3, 2019
Japan begins compiling fiscal 2020 budget
A subcommittee of the Fiscal System Council launched full-fledged discussions Thursday to compile the budget for fiscal 2020.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

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

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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