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November 22, 2024
 

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CONSUMPTION

Japan Times
COMMUNITY / Voices / FOREIGN AGENDA
Oct 13, 2019
Land of the rising tax: A 2 percent hike brings 100 percent confusion
Eat in or take out? Use cash or card? There are several ways to get around a recent tax hike, but not everyone can take advantage of them.
Japan Times
JAPAN / Media / BIG IN JAPAN
Oct 12, 2019
Consumers look for ways to blunt impact of consumption tax hike
Japan's consumption tax on goods and services has arguably been unpopular from the get-go. Introduced at 3 percent in 1989 as a means of improving public finances, the rate was raised to 5 percent in 1997, 8 percent in 2014 and, from Oct. 1 of this year, to 10 percent.
Japan Times
BUSINESS
Oct 12, 2019
Japan's tax hike-related reward points total ¥6 billion in first week
The industry ministry said Friday that the total amount of reward points related to a recent tax increase given through a state-funded program, introduced Oct. 1, reached some ¥6 billion in the first week through Monday.
Japan Times
COMMENTARY / Japan
Oct 11, 2019
The consumption tax hike delays painful spending reforms
Kicking the can down the road on social security reform should not be a policy option.
Japan Times
BUSINESS / Economy
Oct 11, 2019
Japan's government pledges to act swiftly if economy slows after tax hike
The government has pledged that it will act swiftly, with steps that could include compiling stimulus measures, if the domestic economy shows signs of a slowdown following the recent consumption tax hike.
Japan Times
BUSINESS / Economy
Oct 11, 2019
Japan Inc. sees 'Abenomics' sputtering and sales tax hike hurting economy, poll shows
Japanese companies overwhelmingly think the nation's longest postwar expansion is peaking, with two-thirds expecting a tax hike imposed this month by Prime Minister Shinzo Abe to hurt the economy, a Reuters poll showed on Friday.
Japan Times
BUSINESS / Economy
Oct 8, 2019
Japan's household spending rises for ninth month but wages fall
Household spending rose for the ninth straight month in August, offering some relief for Japan's export-dependent economy amid weak global demand and the protracted U.S.-China trade war.
COMMUNITY / Voices / OVERHEARD
Oct 5, 2019
A contemporary yes man
'Does the consumption tax hike mean I'm going to get another stock question every time I buy something from a convenience store?'
Japan Times
BUSINESS / Economy
Oct 4, 2019
Japan Finance Minister Taro Aso plays down need for stimulus after tax hike
Finance Minister Taro Aso on Friday dismissed the need to boost fiscal stimulus to counter the impact of the consumption tax hike, despite expectations the government and the Bank of Japan may act to reduce pressure on the world's third-largest economy.
Japan Times
JAPAN / Politics / FOCUS
Oct 2, 2019
Japan's opposition parties struggle to stay on message over consumption tax
Major opposition parties are wary of smaller peers' calls for the rate to be lowered back to 5 percent, although they are largely unified in opposition to the 10 percent rate.
Japan Times
BUSINESS
Oct 1, 2019
Japan seen as unlikely to achieve fiscal consolidation target despite tax hike
The government is unlikely to meet its fiscal consolidation target even with the hike of the consumption tax rate from 8 percent to 10 percent on Tuesday.
Japan Times
COMMENTARY / World
Oct 1, 2019
Tax hike comes at an inauspicious time
An increase in the consumption levy is the last thing Japan's economy needs.
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.
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.
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.

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.
A boom for business tourism in Japan?
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