Jun 10, 2017

Japan's tax revenue headed for first fall in seven years

General-account tax revenue is expected to show its first drop in seven years when the government’s results for fiscal 2016 are released, dealing another blow to Prime Minister Shinzo Abe’s sputtering economic policies, sources said. Since returning to the prime ministership in late 2012, ...

Abe adviser Ito touts minimum wage hike, taxing cash hoards

May 30, 2017

Abe adviser Ito touts minimum wage hike, taxing cash hoards

Targeted measures to push Japanese wages and inflation higher should be used instead of deploying additional monetary or fiscal stimulus, according to Takatoshi Ito, an adviser to Prime Minister Shinzo Abe. The tight labor market is bringing long-awaited pay increases to some workers, but ...

Mar 20, 2017

Mixed outcome in wage talks

The results of the annual management-labor pay negotiations highlight the limitations of the Abe administration's drive to get export-led businesses to raise wages.

Japan lays groundwork for free education policy to help economy

Mar 14, 2017

Japan lays groundwork for free education policy to help economy

Japan is laying the groundwork for a free education program for some households that will cover a student’s costs from preschool to college to ensure the country maintains a highly-skilled workforce. The program, still in its early stages, is expected to feature in the ...