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July 16, 2024
 

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BUDGETS

Japan Times
BUSINESS / Economy / ANALYSIS
Dec 25, 2022
Japan's focus on defense spending casts doubt on growth
Whether 1.5% growth will be realized depends on corporate wage hikes and the inflation situation.
Japan Times
BUSINESS
Dec 24, 2022
Japan aims to reduce reliance on energy and food imports
Funding for measures to strengthen the country's energy and food security was included in the government's fiscal 2023 budget plan.
Japan Times
BUSINESS
Dec 23, 2022
Japan unveils record budget in boost to military capabilities
The draft budget features record military and welfare spending as Japan confronts regional security challenges from an ever-assertive China and an unpredictable North Korea.
Japan Times
JAPAN
Dec 23, 2022
Japan and China vowed in 1991 not to pose military threat to each other
By stabilizing the regional security situation, Tokyo and Beijing may have been trying to improve their relations frayed by the 1989 Tiananmen Square crackdown.
Japan Times
JAPAN
Dec 20, 2022
Japan's fiscal 2023 budget likely to hit fresh record of ¥114 trillion
The government is expecting to allocate u00a5828.3 billion for ammunition-related spending, a sharp increase from around u00a5200 billion in recent years.
Japan Times
JAPAN
Dec 20, 2022
Government looks at increasing subsidy for nurseries hiring more teachers
The move comes after a series of incidents involving nurseries in the country, including a case in which a child who was left behind in a nursery school bus died of heatstroke.
Japan Times
JAPAN / Politics
Dec 19, 2022
Poll shows nearly 65% disapprove of tax hikes to cover Japan's increased defense budget
As for the planned increase in defense budgets for five years from the next fiscal year, 53.6% said they oppose it, while 39% said they were in favor of the move.
Japan Times
JAPAN
Dec 17, 2022
U.S. hails Japan's new security strategy as China lashes out over moves
Washington called Tokyo's revision of key security documents a 'bold and historic step,' while Beijing urged Japan to refrain from hyping the 'China threat.'
Japan Times
JAPAN
Dec 16, 2022
Japan to boost coast guard budget for Senkaku Islands security
The plan comes as Chinese government ships are frequently found sailing around the Japanese-administered islands in the East China Sea.
Japan Times
JAPAN
Dec 15, 2022
Same levy, different name: Reconstruction tax to be shifted to defense spending
The ruling Liberal Democratic Party's latest plan to fund a defense budget hike is to create a new defense tax.
Japan Times
COMMENTARY / Japan
Dec 15, 2022
The fight to build up Japan’s military is just beginning
The famously pacifist nation's plans to double defense spending are both welcome and overdue. Now Japan needs to find a way to pay for them.
Japan Times
JAPAN
Dec 13, 2022
Controversy grows over proposed use of Tohoku funds to cover defense spending
The government is eyeing using a special tax designed to finance reconstruction costs for areas affected by the March 2011 Great East Japan Earthquake.
Japan Times
COMMENTARY / Japan
Dec 13, 2022
The politics of Japan's defense spending
When Japan first imposed the 1% of GDP defense-spending ceiling , the issue has been a matter of politics and any attempt to breach that threshold has been taboo.
Japan Times
BUSINESS / FOCUS
Dec 12, 2022
Kishida's plan to fund higher defense spending faces backlash
The prime minister's suggestion of tax increases hasn't gone down well, even among Cabinet members and lawmakers from his own party.
Japan Times
JAPAN / Politics
Dec 11, 2022
Kishida dismisses using government bonds to finance defense budget hike
The prime minister says government bonds are not an option to cover defense spending increases due to the financial difficulties they would place on future generations.
Japan Times
JAPAN / Politics
Dec 10, 2022
Kishida's tax hike plan to cover defense shortfall draws backlash inside LDP
The blowback to Kishida's plan came to a head at an LDP Policy Research Council meeting, where about 40 of over 50 participants who spoke opposed the plan.
Japan Times
JAPAN
Dec 9, 2022
Japan to increase defense budget by ¥1 trillion in fiscal 2023
The budget increase is aimed at procurement of ammunition and expenses related to long-range missiles.
Japan Times
BUSINESS
Dec 9, 2022
Finance chief says Japan's fiscal restoration goal won't change with more defense spending
Shunichi Suzuki rejected calls from some ruling party lawmakers to issue new government bonds for the planned spending, saying that other stable funding sources are necessary.
Japan Times
JAPAN
Dec 8, 2022
Japan's ruling parties eye gradual tax hikes to cover more defense spending
Prime Minister Fumio Kishida has instructed his defense and finance ministers to target around u00a543 trillion in defense spending over the five years until fiscal 2027.
Japan Times
JAPAN / FOCUS
Dec 7, 2022
With revisions to key security documents, pacifist Japan set to blaze a new trail
Upcoming changes could usher in dramatic shifts in the country's defense-oriented policy amid what Tokyo calls an 'increasingly severe security environment.'
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

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