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November 23, 2024
 

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CONSUMPTION

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.
Japan Times
BUSINESS / Economy
Aug 8, 2013
Politicians unwilling to revisit tax hike law: adviser
Lawmakers are reluctant to reopen legislation on the sales tax rise, raising the bar for Prime Minister Shinzo Abe should he seek a shallower path of increases, according to one of his advisers.
Japan Times
BUSINESS / Economy
Aug 2, 2013
Tax delay and Fed paring called threat to JGB bubble
Takeshi Fujimaki, a former adviser to billionaire investor George Soros who won a seat in the Upper House election last month, said a delay in increasing the sales tax and a reduction in the U.S. Federal Reserve's stimulus could cause the Japanese government bond "bubble" to burst.
BUSINESS / Economy
Jul 31, 2013
Deficit cut mulled as sales tax debate intensifies
The Abe administration is considering an ¥8 trillion target for budget-deficit cuts over the next two years as officials debate how to proceed with the planned consumption tax increases that threaten to take the wind out of the economic rebound.
Japan Times
BUSINESS / Economy
Jul 29, 2013
Nation can weather April tax hike: Kuroda
Bank of Japan Gov. Haruhiko Kuroda showed little concern that the first phase of the sales tax hike could derail an economic rebound as Prime Minister Shinzo Abe decides whether to proceed with it.
BUSINESS
Jul 25, 2013
¥5 trillion package seen needed to cushion consumption tax rise
Prime Minister Shinzo Abe, now sitting on the biggest legislative majority in six years, faces the threat of political dissent within months as a planned hike in the sales tax threatens to arrest an economic rebound.
JAPAN
Jul 24, 2013
Aso stirs pot with tax plot
The consumption tax is driving a wedge between government officials. On one side sits Finance Minister Taro Aso, a vocal advocate for sticking to the plan to hike the levy next April, while on the other high-ranking officials pussyfoot, insisting it is the prime minister's decision to make — sometime...
Japan Times
BUSINESS
Jul 22, 2013
Poll outcome may benefit economy
With the ballots tallied and the opposition crushed, observers predict the ruling bloc's landslide victory Sunday amid the third-lowest voter turnout ever for a House of Councilors poll will have a positive impact on the economy and Prime Minister Shinzo Abe's stewardship of it.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'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.

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