Abe, business heads, labor unions agree on efforts for wage growth

Dec 16, 2014

Abe, business heads, labor unions agree on efforts for wage growth

Prime Minister Shinzo Abe’s administration crafted a joint statement Tuesday with leaders of business organizations and labor unions, aiming to bolster the economy through wage growth. At a trilateral meeting, Abe also urged large manufacturers, which have benefited from the yen’s slide, to trade ...

Dec 1, 2014

Keidanren chief hopes to help mend ties with South Korea

Keidanren (Japan Business Federation) Chairman Sadayuki Sakakibara hopes to help improve strained relations with South Korea through increased economic cooperation, he said Monday ahead his planned meeting with the Korean president. Sakakibara made the comments during a meeting with the Federation of Korean Industries. ...

Nov 17, 2014

Business leaders are prepared to tax hike delay by Abe

The head of the nation’s largest business lobby said Monday it would accept a decision by Prime Minster Shinzo Abe to delay a second consumption tax hike. Sadayuki Sakakibara, who heads Keidanren, said at a news conference in Nagoya that the organization still believes ...

Oct 25, 2014

Keidanren gets behind push to increase foreign workers

Japan should accept more foreign workers to address labor shortages in the economy and sustain growth, the head of the country’s largest business lobby said Friday. Japan Business Federation Chairman Sadayuki Sakakibara also said in a speech that the lobby, better known as Keidanren, ...

Sep 22, 2014

Business delegation sets foot in Beijing

A delegation of around 200 executives from major Japanese firms arrived Monday in Beijing with the hope of opening a path for improved bilateral relations. The visit comes less than two months before China hosts a regional summit during which the top political leaders ...

Sep 12, 2014

Raise wages, not party donations

The Japan Business Federation's decision to resume urging roughly 1,300 member companies to make political donations is aimed at rebuilding the influence of the nation's largest business lobby on the ruling Liberal Democratic Party. Critics of that tack say raising wages and boosting investments ...

Aug 30, 2014

Keidanren chief Sakakibara may be tapped for key policy panel

Sadayuki Sakakibara is likely to become the first Keidanren chief to sit on the government’s top economic policy panel in six years, sources close to the matter said. The head of Japan’s most powerful business lobby is likely to be tapped as a private-sector ...