Jun 23, 2014

Foreign maids the talk of Kansai zone

by Eric Johnston

Discussions began in Osaka on Monday on a proposed special economic zone in the Kansai region that will include an experimental program to attract foreign maids to the region. An initiative backed by the central government, the zone is a series of locations in ...

Jun 19, 2014

BOJ exec shrugs off tax increase slowdown fears

A Bank of Japan policymaker Thursday shrugged off the possibility that the consumption tax hike on April 1 could significantly slow the economy, echoing the central bank’s bright projections. “Although being affected by strong demand before and a decline following (the April 1 tax ...

Jun 16, 2014

LDP primes farm sector for ventures

by Aya Takada

The Liberal Democratic Party wants to increase corporate participation in agriculture to boost the competitiveness of Japanese farms as pressure increases to cut import tariffs. Prime Minister Shinzo Abe’s party is considering allowing nonfood firms to take almost 50 percent stakes in farming entities, ...

Market salivates over GPIF plans

Jun 16, 2014

Market salivates over GPIF plans

by Harumi Ozawa

The government is readying to unfetter its huge public pension fund, freeing managers to dump low-yield sovereign bonds and go in search of higher, but riskier returns, in a move that could see cash flood global markets. The nation’s pension program, into which almost ...

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.