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JAPAN
Nov 4, 1997

Worsening economy sparks dissent within LDP

A number of lawmakers on the Liberal Democratic Party's Executive Council on Tuesday voiced concern over a bill that would designate specific reduction targets in key budget areas, arguing the bill would make it impossible for the government to stimulate the economy via spending measures.
JAPAN
Oct 21, 1997

LDP drafts measures to revive ailing economy

The ruling Liberal Democratic Party announced a set of measures Oct. 21 that it hopes will revive the flagging economy mainly through deregulation.Bound by a pledge to curtail government spending, the LDP's package relies less on traditional fiscal stimulus such as public works spending and personal...
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 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 8, 1997

Special income tax cuts ruled out as stimulus

Finance Minister Hiroshi Mitsuzuka on Oct. 8 ruled out the possibility of implementing special income tax cuts to help stimulate the economy, saying such a move would worsen the nation's fiscal condition.Speaking at a news conference, Mitsuzuka pointed out that such tax breaks would have to be financed...
JAPAN
Sep 29, 1997

Corporate tax cut tied to size of income base

Any reduction in the corporate income tax should be considered only within the scope of revenue that can be gained by expanding the taxable income base for companies, a top Finance Ministry official indicated Sept. 29.
JAPAN
Sep 25, 1997

Toyoda supports corporate tax cut

The head of the nation's most powerful business group on Sept. 25 called for a cut in corporate taxes, stressing that such a move would invigorate corporate activity, lead to greater tax revenues and not run counter to the government's fiscal reconsolidation efforts.
JAPAN
Sep 12, 1997

Mitsuzuka firm on budget austerity measures

Suggestions by some U.S. officials that Japan should slacken the pace at which it implements budget austerity are understandable but go against the nation's interests, Finance Minister Hiroshi Mitsuzuka said.
JAPAN
Sep 10, 1997

Government leaders adopt draft of reform bill

Top government and ruling party leaders basically agreed Sept. 10 on the draft of a bill that puts into law specific measures to achieve the government's self-imposed fiscal reconsolidation targets.
JAPAN
Sep 1, 1997

Nation can't afford more pump-priming

There is no possibility that an economic pump-priming package will be drawn up in the latter half of this fiscal year due to financial constraints, a top Finance Ministry official said Sept. 1.
JAPAN
Aug 19, 1997

Consortium offers building owners energy-savings windfall

Staff writer
JAPAN
Aug 13, 1997

Japan should consider tightening money policy later this year: IMF

The International Monetary Fund suggested Aug. 13 that Japan should tighten its monetary policy later this year, saying that the current low level of short-term interest rates are not appropriate over the medium term.
JAPAN
Aug 13, 1997

Osaka named candidate for 2008 Olympic Games

The city of Osaka defeated rival Yokohama 29 to 17 in a vote by the Japanese Olympic Committee and sports officials Aug. 13 to become the nation's candidate for the 2008 Summer Olympics.
JAPAN
Aug 8, 1997

Forest reform panel suggests firing, privatization,

The ruling Liberal Democratic Party's working groups on forestry decided on a fundamental reform plan to streamline state-owned forestry operations on August 8, calling for a two-thirds reduction in the number of workers, to 5,000.
JAPAN
Jul 8, 1997

Hashimoto presents budget-writing rules

Prime Minister Ryutaro Hashimoto on July 8 outlined basic rules for fiscal 1998 budget requests that include three special spending brackets to channel 550 billion yen into key areas as well as roughly 240 billion yen in general expenditure cuts.
JAPAN
Jul 4, 1997

550 billion yen to go to priority projects in '98

A total of 550 billion yen will be set aside in the fiscal 1998 state budget for three special spending brackets to better concentrate public works outlays in key sectors, a top Finance Ministry official said July 4.
JAPAN
Jun 20, 1997

Decision on capital relocation postponed till late '98

A government panel studying the relocation of the functions of the capital outside Tokyo said June 20 that it will postpone a decision on a site for an unspecified period beyond the October 1998 deadline in line with the state's decision to delay the project.
JAPAN
May 16, 1997

LDP backs basic plan on expenditure limits

The ruling Liberal Democratic Party endorsed a basic outline May 16 for capping government spending to help the nation regain its fiscal health, but left many specific numerical targets up to the prime minister's Fiscal Structure Reform Council.
JAPAN
Mar 19, 1997

Reform must be gutsy to overcome less services: Mitsuzuka

Public understanding of the inevitable reduction in public services that will result from the government's drive for fiscal austerity must be won by showing a strong resolve to push forward with reform measures, Finance Minister Hiroshi Mitsuzuka said Mar. 19.
JAPAN
Feb 6, 1997

NEC develops the first four-gigabit DRAM

NEC Corp. announced Feb. 6 it has developed the world's first four-gigabit dynamic random access memory chip, capable of storing approximately the same amount of data as a CD-ROM.
Japan Times
COMMENTARY / World
Jun 21, 2023

The post-American Middle East

The recent cease-fire between Israel and Islamic Jihad, the detente between Iran and Saudi Arabia and the de-escalation in Yemen have all been accomplished with minimal Western involvement.
Japan Times
BASKETBALL / NBA
Jun 21, 2023

NBA Draft prodigy Victor Wembanyama set for commercial bonanza

Nike, which already has a deal with the teenage phenom, has hinted at its strategy to make the Frenchman a global superstar.
JAPAN
Jun 20, 2023

Emperor Naruhito offers flowers at Indonesian military cemetery

The emperor expressed his hope that his visit would spark greater engagement between Japanese and Indonesians.
ASIA PACIFIC
Jun 9, 2023

Support for many cultural, social and educational activities

This year marks the 30th wedding anniversary of Their Imperial Majesties Emperor Naruhito and Empress Masako. The first step of this marriage was to have it approved by the Imperial House Council, whose mandate covers the marriage of male members of the imperial family, and this occurred on Jan. 19,...
Japan Times
WORLD
Jun 8, 2023

Drought drives economic exodus from Iraq's rivers and marshlands

Across the country, fishermen are giving up on lives that depend on water and are seeking jobs in urban areas, where unemployment is already high and discontent triggers frequent protests.
Japan Times
WORLD
Jun 7, 2023

'No woman feels safe': Sexual violence rampant in Sudan war

Dozens of women have reported sexual violence since the war erupted in mid-April between the army and the paramilitary Rapid Support Forces.
JAPAN
Jun 7, 2023

Japan aims to boost number of trains and buses able to accept cyclists

The central government's program to promote the use of bicycles strongly recommends the introduction of cycle trains and buses.
Japan Times
COMMENTARY / World
Jun 6, 2023

Saudi Arabia's solo oil production cut is a risky strategy

By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices.
Explosion at U.S. air base in Okinawa injures four
The Kadena U.S. Air Force Base in Okinawa Prefecture. An emergency call was made at around 11:15 a.m. reporting that a small-scale explosion occurred at a storage depot for unexploded shells.
Japan eyes tougher rules for foreign residents and tax hike for tourists
A tax-free shop in Kyoto in April 2024. Last week, members of a Liberal Democratic Party study group drafted a proposal seeking to scrap the country's tax-free shopping system altogether.
Hakuho vows to grow sumo globally after exiting domestic sports body
Former yokozuna Hakuho gives a news conference to announce his retirement from the Japan Sumo Association and reveal his future plans in Tokyo on Monday.
Victims mourned 17 years after Akihabara indiscriminate attack
A mourner prays for the victims of a stabbing rampage on a street in Tokyo's Akihabara district on the 17th anniversary of the incident on Sunday.
Top banker vows loyalty to DEI at Tokyo Pride Parade as Trump’s pushback rages
Akihiko Ogino, president and CEO of Daiwa Securities Group, says Japan should press ahead with diversity initiatives as he attends the Tokyo Pride parade in the capital's Shibuya area on Sunday.
‘Kokuho’ finds riveting drama on and off the kabuki stage
Lee Sang-il’s "Kokuho" stars Ryo Yoshizawa as an orphan from a yakuza clan who rises through the world of kabuki to become a star performer.
Junto Nakatani remains on collision course with Naoya Inoue after latest win
Junto Nakatani celebrates after defeating Ryosuke Nishida to unify the WBC and IBF bantamweight titles at Ariake Coliseum on Sunday.
At a mountainside shrine, yuzu candy made by imperial decree
Descendents of the original "Gonin Byakushō" families are the only vendors allowed inside the gates of Kotohira Shrine, where they sell "kamiyoame," a golden-hued, yuzu-flavored candy meant for good fortune.
What can Kenji Yanobe’s cosmic cats teach us about humanity?
Kenji Yanobe’s spacesuited cats are the main characters of “Ship’s Cat Island,” the inaugural exhibition at Hyper Museum Hanno in Saitama Prefecture.
From ridicule to redemption: Rice crisis returns Koizumi to the spotlight
Agriculture minister Shinjiro Koizumi speaks to the media as he inspects a warehouse storing stockpiled rice in Kanagawa Prefecture on May 30.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic
By Alex K.T. Martin

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