Search - 2003

 
 
JAPAN
Aug 19, 2002

New ODA plan to involve local municipalities

The Foreign Ministry has decided to introduce a new type of official development assistance, initiated by Japan's local governments, to finance projects for foreign countries.
EDITORIALS
Aug 9, 2002

A setback in fiscal reform

Earlier in his administration, Prime Minister Junichiro Koizumi projected an image of aggressive leadership as he called for "no pain, no gain" structural reform. His bold plans included streamlining the bloated government budget. With the economy still struggling to recover, however, he seems to have...
Japan Times
BUSINESS
Aug 8, 2002

Mazda unleashes new Demio against Fit, Ist, Vitz, March

Mazda Motor Corp. on Wednesday launched its remodeled Demio as competition heats up in Japan's compact car market.
BUSINESS
Aug 8, 2002

Shiokawa pushes tax-cut plan

Finance Minister Masajuro Shiokawa said Wednesday he wants to introduce tax cuts over three years and offset expected revenue shortfalls with tax hikes over five years.
BUSINESS
Aug 7, 2002

48.1 trillion yen cap approved for fiscal '03 budget

The Council on Economic and Fiscal Policy approved Tuesday the guidelines for budgetary requests for fiscal 2003, capping outlays at 48.1 trillion yen.
JAPAN
Aug 6, 2002

Koizumi OKs framework for '03 budget requests

Prime Minister Junichiro Koizumi on Monday basically approved the Finance Ministry's final draft of the budget request framework for fiscal 2003. The plan calls for a 2 percent cut in discretionary spending, which includes overseas aid, and a 3 percent reduction in public works outlays.
BUSINESS
Jul 31, 2002

Sharp bucks trend with plan to hire 130 midcareer staff

Sharp Corp. will hire 130 midcareer workers this year, despite a general trend among consumer electronics companies to downsize amid stagnation in the information technology sector, company officials said Tuesday.
BUSINESS
Jul 29, 2002

Koo backs expansionary fiscal policy for Japan

Richard Koo appears to be one of the small group of dissenters vocally critical of the economic and fiscal policies of Prime Minister Junichiro Koizumi and his Cabinet.
BUSINESS
Jul 23, 2002

Business executives get together on mission to network region

Representatives from six Asian countries met Monday in Tokyo to discuss enhancing the continent's infrastructure for broadband Internet.
BUSINESS
Jul 17, 2002

LDP figures seek to preserve full deposit refund guarantee

Two senior LDP politicians agreed Tuesday that the government's full-refund guarantee for demand deposits at failed banks should be extended beyond the scheduled expiration date of March 31, 2003 "for an unspecified span of time," an LDP legislator said.
BUSINESS
Jul 11, 2002

FSA eyes ways to encourage regional bank tieups

The government will consider injecting public money into merged regional financial institutions to boost their capital bases to encourage regional banks and credit associations to merge, the Financial Services Agency said Wednesday.
BUSINESS
Jul 11, 2002

Bond issuance cap may be abolished

Prime Minister Junichiro Koizumi suggested Wednesday he may abolish the 30 trillion yen cap on new government bond issues in the fiscal 2003 budget.
SOCCER / World cup
Jun 29, 2002

Oceania assured of one spot at future World Cup finals

YOKOHAMA -- Oceania will be awarded one spot at the 2006 World Cup, FIFA president Sepp Blatter said on Friday at a press conference following a FIFA executive committee meeting held earlier in the day.
BUSINESS
Jun 19, 2002

Germany poised to displace Japan as world's second-largest aid donor

Japan may be replaced by Germany as the world's second-largest aid donor in 2006, only five years after losing to the United States its long-held status as No. 1, according to a Foreign Ministry document obtained Tuesday by The Japan Times.
JAPAN
Jun 18, 2002

Tax relief, deregulation featured in new package

The government and the three ruling parties compiled an additional package of antideflation measures Monday that includes tax cuts in fiscal 2002 and the creation of special deregulation zones to promote private-sector activities.
JAPAN
Jun 15, 2002

New Kansai runway faces delay

The transport ministry on Friday sharply lowered its forecast for passenger demand at Kansai International Airport off Osaka, indicating that the scheduled opening of a second runway in 2007 could be delayed.
BUSINESS
Jun 8, 2002

Yanagisawa rips regionals over deposit guarantee

Financial Services Minister Hakuo Yanagisawa blasted several regional financial institutions Friday for asking the government to keep the full guarantee on current deposits beyond its planned termination date of April 1, 2003.
BUSINESS
May 28, 2002

Koizumi sits while tax reform tug of war rages

As the government intensifies discussions toward compiling a fundamental tax reform blueprint next month, a new priority is emerging -- using tax breaks as a tool to revitalize the economy.
Japan Times
BUSINESS
May 24, 2002

Snow Brand Milk posts 71.74 billion yen net loss

Struggling Snow Brand Milk Products Co. said Thursday it posted a group net loss of 71.74 billion yen for the 2001 business year, 35 percent worse than the year before, due to plunging sales in the wake of a food mislabeling scandal at its meat packing subsidiary.
BUSINESS
May 14, 2002

MMC returns to black after two years of losses

Mitsubishi Motors Corp. on Monday reported a return to the black for the first time in three years, posting 11.3 billion yen in consolidated net profits in the 2001 business year.
EDITORIALS
May 12, 2002

Harry Potter and the no-show sequel

Where is Harry Potter when we need him? For the second year in a row, the nonappearance of Book 5 of the small bespectacled one's magical doings is throwing readers of all ages into a spring tizzy.
COMMENTARY / World
May 3, 2002

U.S. homeland still insecure

Half a year after the creation of the Office of Homeland Security, how well is the Bush administration doing in its efforts to improve protection of the United States against terrorist attacks? No major attacks have occurred since Sept. 11, giving a first impression that the effort is going well. But...
Japan Times
JAPAN
May 1, 2002

Tracking systems try to tackle food safety

Shoppers are now being invited to check with their own eyes that what something is labeled is what they actually eat.
BUSINESS
Apr 25, 2002

Sharp, Sanyo to hike LCD panel production

OSAKA -- Sharp Corp. and Sanyo Electric Co. Ltd. said separately Wednesday they will boost production of liquid crystal displays to meet a fresh surge in demand.
COMMENTARY
Apr 23, 2002

A path through the smoke

Japan indisputably is the top smokers' paradise in the industrial world, as well as in East Asia, where China, South Korea, Hong Kong and Taiwan are tightening restrictions on smoking. In Japan, smoking is allowed in many government and company offices, restaurants and taxis. Some hospitals do not restrict...
BUSINESS
Apr 23, 2002

FSA panel eyes new property rules

An advisory panel to the Financial Services Agency has unveiled a set of draft rules for accounting that would oblige businesses to book latent losses on fixed property holdings, starting in fiscal 2005.
BUSINESS
Apr 22, 2002

Over 30% of firms to reduce recruitment due to IT slump

More than 30 percent of 150 major companies are planning to cut new recruitment next spring, mainly due to the slump in the information technology industry, a Kyodo News survey showed Sunday.
BUSINESS
Apr 20, 2002

Daiei suffers 332.5 billion yen loss

Ailing supermarket operator Daiei Inc. announced Friday a consolidated net loss of 332.51 billion yen for the business year that ended in February, blaming the losses on increased restructuring costs.
BUSINESS
Apr 12, 2002

Zoellick proposes WTO ministerial talks

U.S. Trade Representative Robert Zoellick told Foreign Minister Yoriko Kawaguchi on Thursday that a four-way ministerial meeting should be held next month in Paris under the World Trade Organization, according to a ministry official.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight