Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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Japan’s budget airlines have flown into turbulence, with AirAsia’s local carrier in danger of being grounded. But analysts say the popularity of discount flying should keep the fledgling sector in the sky. Earlier this month, Malaysia-based AirAsia warned it might pull the plug on ...