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JAPAN
Apr 27, 1998

Greenhouse gas bill awaits nod

The Cabinet is expected to approve a bill today that will oblige the central and prefectural governments to design and publicize their greenhouse gas reduction plans.
JAPAN
Apr 27, 1998

Matsunaga renews plea for banks to offer lending

Finance Minister Hikaru Matsunaga on Monday again asked bankers not reduce their lending levels, especially to smaller businesses that are still healthy.
JAPAN
Apr 27, 1998

Finance chief punishes 112; two key bureaucrats resign

Finance Minister Hikaru Matsunaga took punitive action Monday against 112 ministry officials, including Securities Bureau head Atsushi Nagano, for being excessively entertained by financial sector firms.
JAPAN
Apr 23, 1998

Stimulus package gets finishing touches

The ruling Liberal Democratic Party put the final touches April 23 to the 16 trillion yen worth of economic stimulus measures to be endorsed by the government today, which will include about 10-trillion yen in "real-water" measures that require direct government outlays.
JAPAN
Apr 23, 1998

Japan awaiting Yeltsin's speech on isles

Japan will pay close attention to Russian President Boris Yeltsin when he remarks on a bilateral territorial dispute in a speech to the Russian Parliament in early May, Prime Minister Ryutaro Hashimoto said April 23.
JAPAN
Apr 23, 1998

Sakigake approves defense bills

New Party Sakigake, one of the non-Cabinet allies of the ruling Liberal Democratic Party, approved bills April 23 that would implement updated guidelines for Japan's defense cooperation with U.S. forces.
JAPAN
Apr 22, 1998

Hu, Kato agree to fight Asian 'flu' together

Visiting Chinese Vice President Hu Jintao and Koichi Kato, secretary general of the ruling Liberal Democratic Party, agreed Wednesday that the two countries should cooperate to overcome the economic and financial crises in Southeast Asia, LDP officials said.
JAPAN
Apr 22, 1998

SDF power-expansion bills ready for submission

Two bills that would expand the Self Defense Forces' overseas military role in line with updated guidelines for defense cooperation with the U.S. will be sent to the Diet on Tuesday, according to a senior LDP official.
JAPAN
Apr 20, 1998

Hashimoto defends reform bill before Diet

A bill to reform the current bloated administrative system is indispensable to make government slimmer and more effective for the 21st century, Prime Minister Ryutaro Hashimoto told a Diet session April 20.
JAPAN
Apr 16, 1998

Agency urges legal backing for defense guidelines

Legislation on the new Japan-U.S. defense guidelines must provide the state with legal grounds for asking local administrations to give logistical support to U.S. forces in emergencies, a top defense agency official said April 16.
JAPAN
Apr 15, 1998

Lawmakers question legality of obliged support for U.S. forces

In a meeting with Foreign Ministry and Defense Agency officials, lawmakers from the tripartite ruling coalition voiced concern April 15 over how the state could oblige local administrations to cooperate in providing U.S. forces with logistical support in contingencies.
JAPAN
Apr 14, 1998

Russia turmoil mars Yeltsin treaty quest

First of two parts
JAPAN
Apr 14, 1998

Panel agrees on bill to ban officials from receiving gifts

A panel of the ruling alliance agreed April 14 on a draft bill that would, in principle, ban government employees from receiving gifts and entertainment from corporations, organizations and individuals.
JAPAN
Apr 13, 1998

Rengo push for bigger tax cuts dismissed

Prime Minister Ryutaro Hashimoto dismissed a Japanese Trade Union Confederation (Rengo) demand April 13 to implement a 6 trillion yen tax cut this year as technically difficult.
JAPAN
Apr 13, 1998

Traffic light concern suspected of tax evasion, police ties

A business group that maintains traffic control systems in eastern Japan is suspected of evading 500 million yen in taxes and hiding more than 1 billion yen in income, informed sources said April 13.
JAPAN
Apr 9, 1998

New BOJ board decides to keep easy monetary policy

The Bank of Japan said Thursday that it will retain its easy monetary policy, including its official discount rate at an all-time low of 0.5 percent, reflecting the first decision of its new policy board.
JAPAN
Apr 9, 1998

Accord inked on Aha base return

U.S. and Japanese representatives signed an official agreement Thursday over the return of a U.S. military base in Aha, northern Okinawa Prefecture.
JAPAN
Apr 8, 1998

Aid to curb Myanmar opium could total up to 700 million yen

Staff writer
JAPAN
Apr 8, 1998

Diet passes 77.67 trillion yen budget

The 77.67 trillion yen fiscal 1998 national budget was passed by the Diet late April 8 in a House of Councilors plenary session vote.
JAPAN
Apr 8, 1998

Sales tax report angers ruling bloc

Executive members of the ruling alliance on April 8 grew angry over a newspaper report that said the U.S. is getting even more specific in its suggestions on how Japan should fix its ailing economy.
JAPAN
Apr 6, 1998

More tax cuts coming, Hashimoto implies

The government will soon implement more tax cuts after revising the Fiscal Structural Reform Law, which at present imposes strict financing restraints, Prime Minister Ryutaro Hashimoto implied during a Diet session April 6.
JAPAN
Apr 2, 1998

No changes to Yeltsin visit planned

The Japanese government has not heard of any changes in the schedule of Russian President Boris Yeltsin's planned April 11-13 visit, Chief Cabinet Secretary Kanezo Muraoka said Thursday.
JAPAN
Apr 1, 1998

BOJ board reveals economic beliefs

In a move that may symbolize the central bank's new transparency, newly appointed members of the Bank of Japan Policy Board on Wednesday clearly expressed their opinions about interest rates and the economy.
JAPAN
Apr 1, 1998

New recruits, BOJ get fresh start in fiscal '98

The scandal-tainted Bank of Japan started afresh Wednesday under the new BOJ Law, which gives the central bank more independence from the government but requires its monetary policymaking to be more transparent.
JAPAN
Apr 1, 1998

Matsunaga sticks to guns on reform

Efforts at fiscal reform might have slowed down, but the government's basic goal of fiscal reconsolidation must not be abandoned, Finance Minister Hikaru Matsunaga said during a new conference Wednesday.
JAPAN
Mar 31, 1998

Deregulation plan launched to activate economy

A three-year plan was launched March 31 that targets 15 industrial sectors for deregulation, including domestic airline operations, electric power retailing and digital broadcasting, government officials said.
JAPAN
Mar 26, 1998

16 trillion yen stimulus plan packed with public works

The ruling Liberal Democratic Party on March 26 proposed the nation's largest-ever economic stimulus package, worth at least 16 trillion yen.
JAPAN
Mar 24, 1998

Kato urges revision of fiscal reform deadline

Koichi Kato, secretary general of the ruling Liberal Democratic Party, Tuesday said that the target year for fiscal reform can be moved back by two years from the original goal year -- a step that would provide flexibility in working out economic stimulus measures.
JAPAN
Mar 24, 1998

Taiwanese passport may receive official recognition

The Cabinet approved a bill Tuesday to revise the immigration law to allow people from Taiwan to use their passport as an official document when entering Japan.
JAPAN
Mar 23, 1998

Public works considered best stimulus package

Staff writer

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.