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April 26, 2025
 

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BUDGETS

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.
Japan Times
ASIA PACIFIC / FOCUS
Apr 11, 2020
Inside Trump's standoff with South Korea over defense costs
Current and former U.S. officials say privately there appears to be little hope of clinching a new agreement in the coming days, and some wonder about the coming weeks and months.
Japan Times
ASIA PACIFIC
Apr 1, 2020
U.S. and South Korea near tentative troop-funding deal, report says
The U.S. and South Korea have tentatively reached a military cost-sharing agreement, the Yonhap news agency reported, potentially ending months of bickering over demands from the administration of U.S. President Donald Trump for a massive increase.
Japan Times
JAPAN
Mar 28, 2020
Abe urges vigilance to avoid COVID-19 spike and vows extraordinary steps to aid economy
The prime minister said the virus battle would be a long one, especially if people drop their guard, but pledged economic relief surpassing that for the 2008 financial crisis.
Japan Times
BUSINESS / Economy
Mar 28, 2020
Budget in hand, Abe shifts focus to pandemic response as economy reels
Prime Minister Abe's team is working on steps to save jobs and spark a v-shaped recovery, but is money all it takes?
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
JAPAN
Mar 12, 2020
Japan ruling bloc considering third batch of measures against COVID-19
A plan to provide u00a530,000 each to households with children is being discussed as part of the third package.
BUSINESS
Feb 28, 2020
Japan's record fiscal 2020 budget clears Lower House
The u00a5102.66 trillion fiscal 2020 budget denies extra funding for COVID-19 but addresses soaring welfare costs and promotes free education and cashless purchases to offset last year's tax hike.
Japan Times
COMMENTARY / Japan
Feb 20, 2020
What to make of the record defense budget
If the Abe administration is seeking to make its mark on defense spending, it will have to try again next year.
Japan Times
WORLD / Politics
Feb 10, 2020
Trump slashes foreign aid and cuts safety net programs in new budget proposal
U.S. President Donald Trump on Monday will propose a 21 percent cut in foreign aid and slashes to social safety net programs in his $4.8 trillion budget proposal for fiscal 2021, according to senior administration officials.
Japan Times
BUSINESS
Feb 10, 2020
Trump to propose $4.8 trillion U.S. budget with large cuts in safety nets and foreign aid, WSJ reports
U.S. President Donald Trump will release a $4.8 trillion budget on Monday that will propose steep cuts to social safety net programs and foreign aid, the Wall Street Journal reported on.wsj.com/37hXtbj on Sunday.
Japan Times
BUSINESS
Jan 30, 2020
¥4.4 trillion extra budget clears Japan's Upper House
More than half of the massive spending package — u00a52.3 trillion — is earmarked for disaster recovery measures and other public works projects.
Japan Times
ASIA PACIFIC
Jan 29, 2020
Amid cost-sharing talks, U.S. military warns it may run out of funds to pay South Koreans
In a move likely watched closely by Japan, the U.S. military has begun issuing furlough warnings to almost 9,000 civilian South Korean employees as Washington and Seoul remain at loggerheads over President Donald Trump's demand that its ally pay more for its hosting of American troops.
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Japan brings forward deadline for electronic travel authorization system
Japan is planning to implement by March 2029 a new online screening system in which foreign visitors who don’t need a visa apply for a certification before entering the country.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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