Abe's 'drill bit' buckles on labor reform

Jun 29, 2014

Abe's 'drill bit' buckles on labor reform


When Prime Minister Shinzo Abe vowed at the World Economic Forum in Davos to take a “drill bit” to the “solid rock” of vested interests blocking reforms to Japan’s economy, executives at companies such as General Electric and IBM paid attention. In the months ...

Jun 16, 2014

Panel to propose use of 'zaito' for growth strategy

An advisory panel will propose using the “zaito” fiscal investment and loan program to help spur economic growth, according to a draft report on the matter. Under the program, funds raised mainly through government bond issues are lent at low interest rates and long ...

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.