Sep 23, 2016

Political parties used 20% less of their subsidies in 2015

Total spending of state subsidies by 10 of Japan’s political parties sank 19.8 percent to about ¥26 billion in 2015, the internal affairs ministry disclosed in a report Friday. The year-on-year drop occurred after spending on election-related expenses plunged 62.3 percent to around ¥3.3 ...

Bus subsidies fraud shakes China's electric vehicle industry

Sep 13, 2016

Bus subsidies fraud shakes China's electric vehicle industry

China’s electric vehicle industry, a flagship for Beijing’s technology ambitions, has been rocked by scandal after five companies were caught collecting millions of dollars in subsidies for buses they never made. The affair of the phantom buses has prompted questions about whether the ruling ...

Apr 25, 2016

Emergency subsidies OK'd for rebuilding in quake-hit Kyushu

The government on Monday designated the series of powerful earthquakes that have rocked Kyushu as a disaster of “extreme severity,” paving the way for affected communities to receive increased subsidies for recovery efforts. The designation allows the central government to offer additional financial assistance ...

Feb 20, 2016

Government to aid broadband infrastructure in sparsely populated areas

The government will boost financial assistance to municipalities that construct high-speed broadband communications networks in sparsely populated remote island and mountain areas, according to sources Saturday. Promoting broadband infrastructure is intended to improve the lives of residents in out-of-the-way places by facilitating Internet communication ...

Nov 17, 2015

Stronger TPP support hammered out for beef, pork farmers

In a set of measures to cut the impact of trade liberalization under the planned Trans-Pacific Partnership accord, the ruling Liberal Democratic Party has included stronger support for loss-making beef and pork farmers, according to party officials. The draft measures to shore up the ...

Oct 15, 2015

Land ministry cheated out of ¥90 million, watchdog finds

Japan’s land ministry was cheated out of at least ¥90 million in a subsidy program designed to make buildings more energy-efficient, a government watchdog said Thursday. The Board of Audit checked 74 of some 1,500 projects covered by the subsidy program during the two ...

Sep 21, 2015

Eco-car subsidies to be scaled back in FY 2016

The industry ministry plans to scale down the existing subsidy program for purchases of eco-friendly vehicles from fiscal 2016, as such vehicles have become relatively common and prices have dropped, ministry officials said last week. In its fiscal 2016 budget request, the ministry asked ...