Aug 2, 2016

IMF backs labor, tax reforms to boost Abenomics

The government of Prime Minister Shinzo Abe should step up efforts to revamp the labor market, encourage businesses to raise wages and restore the nation’s debt-ridden finances through consumption tax increases as part of efforts to spur the flagging Abenomics policy mix, the International ...

Jun 14, 2016

Donations to municipalities of choice grow fourfold in fiscal 2015

Donations to municipalities that qualify as tax-deductable soared over fourfold in fiscal 2015 from a year earlier, the government said Tuesday. The donations in fiscal 2015 totaled ¥165.29 billion, compared with ¥38.85 billion in fiscal 2014, the Internal Affairs and Communications Ministry said. It ...

May 18, 2016

Economic growth remains fragile

The nation’s economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in ...