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August 15, 2024
 

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CONSUMPTION TAX

BUSINESS / Economy
Jul 17, 2019
Japan's looming sales tax hike prompts less rush demand so far, suggesting painful economic impact can be avoided
The nation's economy is less likely to suffer a painful whiplash from a sales tax increase scheduled for October, early sales figures for autos and apartments suggest.
Japan Times
JAPAN / Politics
Jul 3, 2019
Abe squares off with opposition leaders ahead of Upper House election
Prime Minister Shinzo Abe said during a debate with opposition leaders on Wednesday that he will go ahead with the planned sales tax hike in October but vehemently denied there will be further increases while he remains in power.
Japan Times
BUSINESS / Economy / ANALYSIS
Jul 1, 2019
Abe sticks with plan to raise Japan's consumption tax despite weak tankan results
Analysts say all signs point to the October increase going ahead as planned.
BUSINESS / Economy
Jun 12, 2019
Surprise gain in Japan's machinery orders masks cooling investment outlook
Machinery orders unexpectedly rose for a third straight month in April, signalling solid business investment, although analysts expect an intensifying Sino-U.S. trade war and global slowdown to hurt capital spending plans in the coming quarters.
Japan Times
BUSINESS / Economy
Jun 4, 2019
Japan's policy guidelines call for more stimulus next year amid concerns over global protectionism
Japan should deploy expansive fiscal stimulus "without hesitation" next year if overseas economies pose downside risks to growth, a draft of the government's annual economic policy road map showed on Tuesday.
Japan Times
BUSINESS / Economy
May 30, 2019
Japan business lobby JCCI urges sales tax hike to proceed as planned
The head of a Japanese business lobby said a planned sales tax hike should proceed in October to sustain the social security system for a rapidly graying population, despite calls from elsewhere to postpone it given growing economic challenges.
Japan Times
BUSINESS
May 27, 2019
Warning that tax hike would doom Abenomics, former aide vows to convince PM to delay yet again
Prime Minister Shinzo Abe should postpone the consumption tax increase scheduled for October or face the failure of Abenomics, his six-year economic revival program, according to one of the architects of that program.
BUSINESS
May 25, 2019
Japan to promote tax hike preparations by small businesses
The industry ministry will hold meetings in major cities in June to encourage small businesses to speed up their preparations for the October consumption tax hike, it has been learned.
Japan Times
JAPAN / Politics
May 25, 2019
Abe says double election not necessarily in the cards even if tax hike is delayed
Prime Minister Shinzo Abe has said he will not necessarily call a Lower House election even if his government decides to delay an unpopular consumption tax hike planned for Oct. 1.
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.

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