Nov 4, 2015

Abe orders compilation of fresh stimulus measures within November

Prime Minister Shinzo Abe instructed his ministers Wednesday to compile new economic stimulus measures within the month, aiming to achieve goals that include boosting Japan’s nominal gross domestic product to ¥600 trillion ($5 trillion) in five years’ time. “In order to achieve a postwar ...

Northrop Grumman to build secret, next-generation U.S. bomber

Oct 28, 2015

Northrop Grumman to build secret, next-generation U.S. bomber

The U.S. Air Force said Tuesday it chose Northrop Grumman Corp., maker of the B-2 stealth bomber, to build its next-generation bomber, a highly classified, $55 billion project designed to replace the aging bomber fleet with an information-age aircraft that eventually may be capable ...

Sep 5, 2015

Budget requests for fiscal 2016 reach record ¥102.4 trillion

General account budget requests for fiscal 2016 from government ministries and agencies totaled a record ¥102.41 trillion, the Finance Ministry said Friday. Ever-increasing medical costs on the back of an aging population helped the budget requests to top ¥100 trillion for the second consecutive ...

Aug 31, 2015

Foreign Ministry seeks funding for eight new missions

The Foreign Ministry on Monday requested a 10.4 percent rise in its budget for fiscal 2016, partly to fund the opening of eight new diplomatic missions abroad. To bolster Japan’s diplomatic clout, the ministry’s request of ¥756.8 billion includes establishing embassies in four countries ...

Aug 28, 2015

NPA seeks funds to jam, capture drones

The National Police Agency plans to procure equipment to prevent drones from intruding into key facilities, including devices to send jamming signals and nets to capture unmanned aircraft, sources said Thursday. The NPA has included some ¥400 million in its budget request for fiscal ...