Sep 3, 2014

Japan rises to sixth in WEF competitiveness rankings

Japan rose to sixth from ninth in the World Economic Forum’s annual assessment of global competitiveness, the WEF said Wednesday. The ranking compares 144 nations. In its Global Competitiveness Report, the Geneva-based think tank praised the stability of the government of Prime Minister Shinzo ...

Apr 24, 2014

Biz tax cut would lift GDP: METI

Japan’s gross domestic product would likely grow by at least ¥7 trillion if the effective corporate tax rate were to fall by about 10 points from the current level of around 35 percent, the industry ministry said in a recent survey. The estimate comes ...

Mar 12, 2014

Government panel urges cut in corporate tax

A government tax panel called Wednesday for a corporate tax cut in an attempt to boost foreign investment despite budgetary constraints, according to a statement presented by its chief, Hiroko Ota. Ota, a former finance minister who heads the panel, which has been newly ...

Feb 3, 2013

Japan's competitiveness

Japan's world ranking in "economic competitiveness" is slipping. The nation came in 10th in 2012, continuing its slide from the sixth spot in 2010.