Jun 16, 2014

LDP primes farm sector for ventures

by Aya Takada

The Liberal Democratic Party wants to increase corporate participation in agriculture to boost the competitiveness of Japanese farms as pressure increases to cut import tariffs. Prime Minister Shinzo Abe’s party is considering allowing nonfood firms to take almost 50 percent stakes in farming entities, ...

Market salivates over GPIF plans

Jun 16, 2014

Market salivates over GPIF plans

by Harumi Ozawa

The government is readying to unfetter its huge public pension fund, freeing managers to dump low-yield sovereign bonds and go in search of higher, but riskier returns, in a move that could see cash flood global markets. The nation’s pension program, into which almost ...

Jun 15, 2014

Big expansion in food exports eyed

Japan aims to expand exports of farm and marine products 10-fold to the tune of ¥5 trillion a year by 2030 under the government’s revamped growth strategy.

Jun 14, 2014

Noda says Abe buying into 'voodoo economics'

by William Pesek

Sour grapes are in season in Tokyo as Prime Minister Shinzo Abe’s predecessor steps up and slams the incumbent’s tax plans. However, beneath the bad feelings and twinge of regret, Yoshihiko Noda makes a very timely point when he accuses Abe of buying into ...

Stand firm on 10% sales tax, Noda warns Abe

Jun 11, 2014

Stand firm on 10% sales tax, Noda warns Abe

Prime Minister Shinzo Abe risks triggering market turmoil should he fail to raise the consumption tax to 10 percent next year, his immediate predecessor warned. The government needs to ride out the economic fallout from the first tax increase in April and then lift ...

Abe, LDP agree to cut corporate tax rate from fiscal 2015

Jun 3, 2014

Abe, LDP agree to cut corporate tax rate from fiscal 2015

Prime Minister Shinzo Abe and his ruling Liberal Democratic Party’s tax panel agreed Tuesday to cut Japan’s corporate tax rate from fiscal 2015 on the condition that the government continues efforts to restore the country’s precarious public finances. Earlier in the day, Finance Minister ...

Jun 3, 2014

Abe's Japan reform plan draft shows tough calls deferred

A draft plan to boost Japanese growth promises to overhaul corporate governance, promote technology and attract private investment, but it leaves many of the toughest questions unanswered as the country seeks to claw its way out of a crippling cycle of deflation. The 60-page ...