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November 22, 2024
 

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CONSUMPTION TAX

BUSINESS / Economy
Sep 9, 2013
Japan's April-June real GDP growth upgraded to annual 3.8%
An upward revision to Japan's gross domestic product gives the government yet another favorable signal for raising the sales tax next April.
BUSINESS / Economy
Sep 4, 2013
Japan can handle levy hike: 'Mr. Yen'
The nascent economic recovery is strong enough to weather an increase in the consumption tax to repair the government's finances, according to former senior Finance Ministry official Eisuke Sakakibara.
BUSINESS / Economy
Aug 31, 2013
Most on Abe's expert panel approve plan to hike sales tax
The government's expert panel on the planned consumption tax hike wrapped up discussions Saturday with more than 70 percent of its members supporting the plan as it now stands, saying Japan will suffer a much bigger economic blow if the tax isn't raised.
JAPAN / Politics
Aug 18, 2013
Adviser to Abe urges gradual raising of levy
Kyodo A special adviser to Prime Minister Shinzo Abe said Sunday the 3-point hike in the sales tax next April will cause a drastic decline in consumption and suggested that it instead be raised by 1 point a year for five years.
EDITORIALS
Aug 15, 2013
Strong enough for a sales tax hike?
Japan's annualized GDP growth has topped 2 percent for two straight quarters. But is economic recovery strong enough to go ahead with sales tax hikes starting next April
BUSINESS / Economy
Aug 9, 2013
A first: Nation's debt tops ¥1 quadrillion
The national debt exceeded ¥1 quadrillion for the first time, underscoring the case for Prime Minister Shinzo Abe to proceed with a sales tax increase to shore up government finances.
EDITORIALS
Aug 8, 2013
Social welfare reforms
A government panel's report on social welfare reform includes many issues that must be resolved, including how to cut costs without compromising the quality of health care.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
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By Kathryn Wortley

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