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JAPAN
Nov 1, 1998

Obuchi at odds with Keidanren over APEC stance

Prime Minister Keizo Obuchi instructed his Cabinet members Tuesday to maintain Japan's opposition to early market-opening of forestry and fishery products during upcoming meetings of the Asia-Pacific Economic Cooperation forum in Malaysia.
JAPAN
Sep 10, 1998

Compromise sounds heard from LDP

The Liberal Democratic Party and the opposition camp continued negotiations Thursday over financial system stabilization bills, with the LDP showing signs it may compromise further.
JAPAN
Aug 27, 1998

Opposition slams handling of LTCB, demands disclosure

Opposition parties on Thursday harshly criticized the government's handling of the troubled Long-Term Credit Bank of Japan during a Lower House committee meeting that resumed after a one-day opposition-camp boycott.
JAPAN
Aug 26, 1998

Opposition snubs Diet panel, delays financial deliberations

The Lower House's special committee on financial stabilization failed to meet Wednesday due to a boycott by the opposition camp over a procedural disagreement, but both camps agreed they would meet today.
JAPAN
Aug 11, 1998

New law fails to preserve Ainu people's rights: U.N.

Staff writer
JAPAN
Aug 10, 1998

Asian Women's Fund remains official sex slave redress policy

The government maintained its stance Monday of promoting the Asian Women's Fund to extend money to women who were forced to provide sex to Japanese soldiers before and during the war.
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.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji