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JAPAN
Jul 21, 1998

Stimulus impact to be 'limited,' BOJ says

The government's comprehensive economic stimulus package featuring additional public works projects and special tax reductions will probably have only a limited impact on contracted private demand, the Bank of Japan said in a report Tuesday.
JAPAN
Jun 16, 1998

Partyspeak: Hata asks voters to rout out the LDP

First in a series Staff writer
JAPAN
Jun 9, 1998

Hashimoto's administrative reform bill clears Diet

A government-proposed bill that will serve as the framework for Prime Minister Ryutaro Hashimoto's plans for a slimmer administration -- one of his six major reform goals -- cleared the Diet late Tuesday afternoon.
JAPAN
May 27, 1998

Japan to fully fund U.N. drug abuse project

Staff writer
JAPAN
May 8, 1998

Panel mulls hiring outsiders to monitor finance ministry

To prevent further corruption at the Finance Ministry, it may be necessary to set up a monitoring body that includes outside people, a member of a ministry ad hoc panel said Friday.
JAPAN
Apr 24, 1998

Details of stimulus package unveiled

The government on April 24 unveiled a comprehensive set of stimulus measures worth 16.65 trillion yen -- the largest package ever compiled -- in hopes of nursing the economy back to life.
JAPAN
Apr 13, 1998

Plan to alter austerity law draws opposition fire

Opposition parties grilled Prime Minister Ryutaro Hashimoto on April 13 over ambiguities concerning the extent to which he plans to revise the fiscal austerity law.
JAPAN
Apr 9, 1998

Hashimoto vows tax cuts

Prime Minister Ryutaro Hashimoto announced Thursday that his government will double the 2 trillion yen tax cut for this year and implement a 2 trillion yen tax cut in 1999.
JAPAN
Feb 20, 1998

LDP unveils latest plan to reinvigorate economy

The ruling Liberal Democratic Party on Friday unveiled its fourth stimulus package, hoping to boost confidence in the economy before the March 31 end of the fiscal year.
JAPAN
Jan 23, 1998

Seoul retaliates as Tokyo scraps 1965 fishery pact

Seoul denounced Tokyo's decision Friday to unilaterally terminate a 1965 fisheries pact following the breakdown of nearly two years of negotiations.In swift response, South Korean Foreign Minister Yoo Chong Ha declared the Japanese decision "unfriendly" and said his country will, in retaliation, immediately...
JAPAN
Jan 23, 1998

OECD sets guidelines to stop harmful tax competition

Staff writerThe 29 member nations of the Organization for Economic Cooperation and Development have agreed in principle on guidelines for eliminating "harmful" tax competition designed to attract more foreign capital, government sources said Friday.The guidelines call for the nations to roll back what...
JAPAN
Jan 23, 1998

Mitsuzuka vows internal probe of corruption

The Finance Ministry will conduct an internal probe to check on excessive wining and dining of its officials in light of the arrest of a former ministry bureaucrat for alleged acceptance of bribes, Finance Minister Hiroshi Mitsuzuka said Friday.The results of the investigation will be made public, he...
JAPAN
Jan 2, 1998

The Telecoms Race: TTNet takes lead in domestic price war

Second of two partsStaff writerDeregulation in the telecommunications sector began to be slowly implemented over a decade ago, but it is only now that the industry is entering cutthroat price competition, accelerated by the imminent breakup of NTT.On Jan. 7, Tokyo Telecommunication Network Co. (TTNet)...
JAPAN
Dec 19, 1997

Shares and yen tumble as credit crunch worsens

Share prices and the yen came under severe selling pressure Friday in Tokyo amid reports that a credit crunch has forced a major food trader out of business.
JAPAN
Dec 17, 1997

Clinton lauds Hashimoto's move

In a telephone conversation Wednesday with Prime Minister Ryutaro Hashimoto, U.S. President Bill Clinton welcomed the special tax cut plan of 2 trillion yen unveiled earlier in the day, government officials said.
JAPAN
Dec 10, 1997

Outline of financial stability plan addresses DIC, liquidity

A Liberal Democratic Party subcommittee debating steps to stabilize the financial system basically agreed Wednesday on a broad outline that includes galvanizing Deposit Insurance Corp. and increasing the liquidity of financial institutions.
JAPAN
Oct 20, 1997

Hashimoto hints at ditching reform proposals

Prime Minister Ryutaro Hashimoto indicated Oct. 20 that to accommodate demands from the Liberal Democratic Party, he may sacrifice some of the streamlining proposals suggested in an interim report drafted last month by a blue-ribbon government panel, which he heads.During the first meeting of a House...
JAPAN
Oct 17, 1997

Hashimoto pushes economic reform rather than tax cuts

Prime Minister Ryutaro Hashimoto indicated Oct. 17 his opposition to the use of deficit-covering bonds to finance any special income tax cuts for propping up the economy, stressing that increased efforts to change the nation's economic structure are more important in the longer term.Responding to questions...
JAPAN
Oct 16, 1997

LDP stimulus plan drops tax incentives

The ruling Liberal Democratic Party's economic stimulus package due out next week is unlikely to include tax incentives worth around 300 billion yen, party sources said Oct. 16.LDP officials said the package, originally to be released on Oct. 20, would be made public Oct. 21. In effect, the pump-priming...
JAPAN
Oct 3, 1997

Heliport implementation plan due by November

The government will submit to Okinawa Prefecture by November a rough draft of the plan for building a U.S. Marine helicopter facility offshore Nago, officials of the Defense Facilities Administration Agency said Oct. 3.The planned facility is designed to replace Futenma Air Station in Ginowan.In the...
JAPAN
Sep 25, 1997

Law planned to boost land liquidity

The Finance Ministry established a study group Sept. 25 to draft a law to facilitate the creation of companies whose purpose is to secure real estate to boost land liquidity.
JAPAN
Sep 11, 1997

Hashimoto seeks support on defense review

Prime Minister Ryutaro Hashimoto stressed Sept. 11 that the ongoing review of the Japan-U.S. bilateral defense guidelines must be carried out with broad support at home and from overseas.
JAPAN
Sep 5, 1997

Legal war on 'sokaiya' planned

The government has decided on a set of legal measures to root out "sokaiya" corporate racketeers and to have stricter penalties imposed against them, officials said Friday.
JAPAN
Sep 2, 1997

Finance tells business to bend if change in taxes wanted

The business community should cooperate and accept a broadening of the corporate taxation base in return for a reduction in the actual taxation rate, Finance Minister Hiroshi Mitsuzuka said Sept. 2.
JAPAN
Aug 19, 1997

Reform panel agrees to upgrade Environment Agency

The Administrative Reform Council agreed Aug. 19 to upgrade the Environment Agency to a full-scale ministry to respond to higher priority being placed on environmental protection by the international community.
JAPAN
Jul 16, 1997

Open debate on disaster bills urged

KOBE -- People pushing for a disaster compensation bill, including well-known author Makoto Oda and several Diet members, visited the Hyogo governor and Kobe mayor earlier this week to explain the bill and seek support. "This is the first time we've met the governor and the mayor in this manner," said...
JAPAN
Jun 24, 1997

Four nations urge U.N. to work on environment

NEW YORK -- Four countries on four continents launched a joint initiative June 23 aimed at giving the United Nations new impetus to revitalize the spirit of the 1992 Earth Summit in Rio de Janeiro and achieve sustainable development while tackling environmental problems.
JAPAN
Jun 17, 1997

Japan set record for carbon dioxide emissions in '95

Japan released a record amount of carbon dioxide into the air in fiscal 1995, the Environment Agency reported to a Cabinet meeting June 17.
JAPAN
Jun 13, 1997

Top surgeon backs brain-dead transplants

Full disclosure of information, fairness and the best efforts of those involved will be crucial when the nation resumes organ transplants from brain-dead donors, a liver transplant expert told a Diet hearing June 13.
JAPAN
Jun 12, 1997

Hashimoto to announce environment plan at U.N.

Prime Minister Ryutaro Hashimoto will formally announce an "Initiative for Sustainable Development" aimed at boosting Japan's assistance in environmental protection in developing nations, government sources said June 12.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.