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May 17, 2024
 

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BUDGETS

Japan Times
BUSINESS / Markets
Nov 27, 2020
Japan bond market in the dark on new sales as virus cases spike
As coronavirus infections spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget.
Japan Times
BUSINESS / Economy
Nov 19, 2020
¥10 trillion needed to set Japan on green path, says Suga adviser
'What's key for the Japanese economy now is whether we can strengthen our growth strategy and conduct reforms,' said Mitsumaru Kumagai, chief economist at Daiwa Institute of Research Ltd.
Japan Times
BUSINESS / Economy / FOCUS
Nov 13, 2020
Japan to stay in step with U.S. under Biden on fiscal stimulus
The overall shape of Biden's policies remains unclear, but it is hoped he will take a softer stance on trade than President Donald Trump.
Japan Times
BUSINESS / Economy
Nov 13, 2020
Japan’s economy seen clawing back half of pandemic losses
Economists see gross domestic product jumping at an annualized pace of 18.9% in the three months through September, helped by improved trade with the United States and China.
Japan Times
BUSINESS / Economy
Nov 10, 2020
Suga orders compilation of third extra budget for pandemic stimulus
The extra budget for the year through March will fund a likely extension of the government's Go To Travel subsidy campaign, sources say.
Japan Times
JAPAN
Nov 9, 2020
Suga signals readiness for new stimulus package
Suga said he would instruct his Cabinet on Tuesday to begin work on a third extra budget, Jiji news agency reported.
Japan Times
JAPAN / Society
Oct 30, 2020
Exhausted emergency fund may force Tokyo into debt and deep cuts
The metropolitan government has already begun to slash expenses, reroute money from other designated funds and borrow cash to alleviate the pressure.
Japan Times
JAPAN
Oct 24, 2020
Japan weighs ¥10 trillion extra budget to counter coronavirus, report says
The government may extend a domestic travel subsidy system but is unlikely to offer more direct cash handouts to households, the newspaper reported.
Japan Times
JAPAN
Oct 17, 2020
Japan and U.S. wrap up preparatory talks on costs of hosting American troops
Struggling to improve its fiscal condition, Tokyo is wary that Washington will pressure it to significantly increase its contribution to host American troops in Japan.
Japan Times
BUSINESS / Economy
Oct 16, 2020
Japan needs another extra budget to help ailing economy, experts say
Ruling-party lawmakers have likewise called for another stimulus package funded by a third extra budget.
Japan Times
BUSINESS
Oct 16, 2020
Cabinet allots ¥549.2 billion in reserve funds for coronavirus subsidies
Of the money, u00a5439.1 billion will be used to extend the government's furlough support scheme until December.
Japan Times
BUSINESS
Oct 10, 2020
Japan may need to consider compiling third extra budget, senior LDP lawmaker says
Japan may need to consider compiling another extra budget to help its economy if the current reserve fund is not enough to respond to the coronavirus pandemic, a senior Liberal Democratic Party lawmaker said.
Japan Times
JAPAN
Sep 22, 2020
Japan to seek record defense budget under Suga's continuity policy
A specialized electronic warfare unit, new ASDF fighter jets and the replacement for the Aegis Ashore missile defense system will be covered by the budget request.
Japan Times
JAPAN
Aug 7, 2020
Japan OKs use of ¥1.13 trillion in reserve funds to fight pandemic
The latest money comes in addition to a total of u00a511.5 trillion in reserve funds already dedicated by the government to the fight against the coronavirus.
Japan Times
BUSINESS / Economy
Jul 21, 2020
To fight pandemic, Japan keeps fiscal tap wide open on budget spending requests
The lack of spending cap on requests aimed at fighting COVID-19 suggest the heavily indebted nation will ramp up efforts to revive the virus-hit economy.
Japan Times
BUSINESS / Economy
Jul 18, 2020
Cabinet OKs economic guidelines to push digitalization, telecommuting under Japan's 'new normal'
The annual blueprint also promotes expansion of the My Number ID system and disaster prevention but leaves fiscal reconstruction on the backburner.
Japan Times
JAPAN
Jun 12, 2020
Japan enacts record extra budget to address pandemic fallout
The Upper House's budget panel endorsed the package, focusing on financial aid for front-line medical staff and subsidies for small businesses.
Japan Times
JAPAN
Jun 10, 2020
Japan's Lower House passes second extra budget for coronavirus package
The House of Representatives Wednesday approved a draft second extra budget for fiscal 2020 totaling ¥31.91 trillion ($296 billion), to provide additional funding to front-line medical workers and support people reeling from the coronavirus pandemic.
Japan Times
BUSINESS / Economy
Jun 1, 2020
South Korea unveils $62 billion ‘New Deal’ to reshape post-virus economy
The South Korean government unveiled a 76 trillion won ($62 billion) "New Deal" spending plan to reshape the economy in the aftermath of the pandemic after slashing its growth forecast for the year.
Japan Times
BUSINESS / Economy
May 25, 2020
Japan government considers further pandemic relief of more than ¥100 trillion, report says
The package would be funded by a second extra budget for fiscal 2020 and follow the record u00a5117 trillion spending plan deployed last month.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese billionaire sues Meta over investment scams using his image
Entrepreneurs Yusaku Maezawa (second from right) and Takafumi Horie (third from right) attend a study session on fake social media ads and investment scams at the Liberal Democratic Party headquarters in Tokyo on April 10.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.

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