Editorials Aug 8, 2019
The government must do more to reduce spending and boost revenue to cut the deficit.
Asia Pacific Apr 15, 2019
After months of delay, Philippine leader Rodrigo Duterte signs $71 billion national budget
President Rodrigo Duterte on Monday signed a 3.7 trillion peso ($71.5 billion) budget for this year, its largest ever, ending months of impasse that forced the Southeast Asian country to cut its growth target. The Philippines last month cut its 2019 growth target to 6-7 ...
Business / Economy Mar 27, 2019
Japan's Diet passes record ¥101 trillion budget with spending hikes for defense and social security
Key to the budget is a ¥2.03 trillion stimulus package that the government hopes will underpin domestic demand after the consumption tax is increased.
World / Politics Mar 12, 2019
President Donald Trump in his 2020 budget on Monday called for overhauls of social programs that help poor and elderly Americans, while boosting military spending and funding a U.S.-Mexico border wall, in the opening gambits of his next funding fight with the U.S. Congress. The ...
Business / Economy Feb 8, 2019
The Diet on Thursday passed a ¥3.04 trillion ($28 billion) supplementary budget for fiscal 2018 to fund measures including the bolstering of defences against natural disasters. The House of Councilors approved the second extra budget for the year through March following its passage at the ...
National Jan 18, 2019
Abe Cabinet approves reworked 2019 draft budget after Japan jobs data debacle
The rework was required after the government was revealed to have published a monthly labor survey without having collected sufficient data over a 15-year period.
National Jan 11, 2019
Government to review statistics after revelation that faulty Japan jobs data spanned 14 years
The government will rework the budget for fiscal 2019 to include the cost of reimbursing people who did not receive enough benefits.
Commentary / Japan Jan 10, 2019
Can the social security system be sustained?
by Hisakazu Kato
Due to demographic changes, the welfare state that many developed countries aimed to create in the mid-20th century is now out of reach.
National Jan 7, 2019
Tokyo to host two-day esports event in fiscal 2019, Gov. Yuriko Koike says
Tokyo will host an esports event during fiscal 2019 to promote the capital's video game and anime industries, Gov. Yuriko Koike said Sunday. The Tokyo Metropolitan Government plans to set aside ¥50 million in the budget for the fiscal year, which starts in April, to ...
National Jan 3, 2019
The Defense Ministry will crank into high gear its research to develop a high-output military laser that can intercept mortar rounds and enemy drones flying at low altitudes. The ministry included development outlays of ¥8.7 billion for such research in the fiscal 2018 budget. It plans ...
National Dec 24, 2018
Kono will have visited 61 countries and regions during his tenure, including his ongoing tour of three North African nations — Morocco, Tunisia and Algeria — through Saturday.