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July 17, 2024
 

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CONSUMPTION

EDITORIALS
Mar 25, 2016
Keep politics out of tax hike decision
The decision on whether to raise the consumption tax next year should not be driven by partisan political interests.
Japan Times
BUSINESS / Economy
Mar 23, 2016
Nobel laureate Krugman calls for tax hike delay, stimulus measures
Nobel-winning U.S. economist Paul Krugman has urged Japan to hold off on a consumption tax increase planned for April next year and hammer out new stimulus measures to overcome deflation.
BUSINESS / Economy
Mar 19, 2016
Abe to decide after G-7 summit on whether to hike consumption tax: aide
Prime Minister Abe told Diet members he will make the decision on the consumption tax hike planned for April 2017 after “carefully” assessing current economic conditions.
JAPAN / Politics / FOCUS
Mar 18, 2016
Suspicions Abe will again delay tax hike bolstered by pro-government daily
Speculation that the delayed second stage of the consumption tax hike will be postponed yet again was reinforced Friday after a pro-government daily reported that Prime Minister Shinzo Abe is considering the option.
Japan Times
BUSINESS / Economy
Mar 16, 2016
Abe begins G-7 preparations with warning from Nobel laureate not to raise taxes
U.S. Nobel Prize holder and economist Joseph Stiglitz says he has advised Prime Minister Shinzo Abe to delay a scheduled sales tax increase.
BUSINESS
Mar 1, 2016
Abe setting up panel to debate extra budget before G-7 summit
Prime Minister Shinzo Abe will convene an advisory panel to consider an extra budget for the coming fiscal year, sources said days after the Group of 20 nations urged more fiscal spending to support the ailing global economy.
BUSINESS / Economy
Feb 26, 2016
Japan's government talks of postponing 2017 tax hike
The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday.
JAPAN / Politics
Feb 20, 2016
Abe not weighing snap poll
Prime Minister Shinzo Abe said Saturday that he is not considering a snap general election this summer to coincide with a scheduled Upper House poll, and that he has no intention of delaying a planned increase in the nation's consumption tax.
BUSINESS / Economy
Feb 8, 2016
Consumption set to falter after Japan's workers eke out 0.1% pay hike in 2015
The nation's workers barely got a pay rise in 2015, with a 0.1 percent increase in cash earnings slower than the 0.4 percent bump in 2014.
Japan Times
BUSINESS / Economy
Jan 28, 2016
BOJ meets amid backdrop of surprise fall in retail sales
Retail sales unexpectedly declined in December, indicating weakness in consumer spending as the central bank began a two-day meeting Thursday to decide whether to boost monetary stimulus.
Japan Times
BUSINESS
Jan 22, 2016
Aso claims 2017 tax hike will 'certainly' go through
Finance Minister Taro Aso said in his new year policy speech Friday that he will "certainly" go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan's efforts to return to fiscal health.
BUSINESS / Economy
Jan 21, 2016
Government projects larger primary deficit of ¥6.5 trillion in fiscal 2020
The government is expecting a bigger than predicted primary deficit of ¥6.5 trillion ($55.6 billion) in fiscal 2020, reflecting the effects of a planned exemption of food items from a sales tax hike, Cabinet Office estimates showed Thursday.
JAPAN / Politics
Jan 20, 2016
Japanese government doubles estimated tax-hike burden, stokes opposition anger
Tokyo suddenly raises its estimated per capita burden from next year's consumption tax hike, drawing protest from opposition lawmakers.
JAPAN / Politics
Jan 19, 2016
Abe Diet speech to focus on balancing tax hike exemptions with fiscal reforms
Prime Minister Shinzo Abe's policy speech to the full Diet this Friday will stress his administration's ability to balance exemptions to the planned consumption tax hike with fiscal reform goals, according to political sources.
Japan Times
JAPAN / Politics
Jan 13, 2016
Abe eyes using boosted tax revenue to cover food exemption shortfall
Prime Minister Shinzo Abe indicated Wednesday that the higher tax revenues — which he attributed to Abenomics — may be used to cover a shortfall when food is exempted from the coming tax hike.
EDITORIALS
Jan 11, 2016
2016's economic outlook
Major economic decisions appear likely in 2016, including whether Abe will delay the consumption tax hike scheduled for April 2017.
Japan Times
BUSINESS / Economy
Dec 30, 2015
Economy tipped for gradual recovery in 2016 following year of sluggish growth
Japan's economy fell short of expectations for a solid recovery in 2015, but it is seen as likely to gain traction in fiscal 2016.
Japan Times
JAPAN / EXPLAINER
Dec 28, 2015
Eat-in areas on the rise in Japan’s convenience stores and supermarkets
In the quest for next-level service, convenience stores and supermarkets are increasingly keen to experiment with "eat-in" lounge areas.
Japan Times
BUSINESS / Economy
Dec 21, 2015
Government report says Japan's economy recovering moderately
The government on Monday maintained its overall assessment of the economy as recovering moderately, helped by firm consumer spending and improving corporate profits.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 19, 2015
Japanese newspapers' self-interest ensures they toe Komeito's line on tax exemption
The vernacular press has been uncharacteristically unanimous in its support for the exemption of food from the planned consumption tax hike.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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