Japan slips to No. 9 in World Economic Forum's competitiveness index

Business Sep 27, 2017

Japan slips to No. 9 in World Economic Forum's competitiveness index

Japan came in at No. 9 in the World Economic Forum's annual Global Competitiveness Index of 137 countries and regions, down one place from last year's assessment, the organization said Wednesday. The nation saw its ranking drop for the second consecutive year. Although Japan's infrastructure, including ...

Business Sep 30, 2015

Competitiveness list keeps Japan at sixth, Switzerland on top

Japan retained sixth place in this year's global competitiveness rankings, with Switzerland remaining at the top for the seventh consecutive year, the World Economic Forum said in its report Wednesday. Singapore and the United States placed second and third, respectively, while Germany was fourth and ...

Editorials Jan 31, 2015

Japanese talent needs grooming

Japan recently ranked No. 20 worldwide in a business school survey of competitiveness and worker quality. That's not terrible, but it does reveal a lack of readiness for the future global economy.

Business / Economy Apr 24, 2014

Biz tax cut would lift GDP: METI

Japan's gross domestic product would likely grow by at least ¥7 trillion if the effective corporate tax rate were to fall by about 10 points from the current level of around 35 percent, the industry ministry said in a recent survey. The estimate comes amid ...

Business / Economy Mar 12, 2014

Government panel urges cut in corporate tax

A government tax panel called Wednesday for a corporate tax cut in an attempt to boost foreign investment despite budgetary constraints, according to a statement presented by its chief, Hiroko Ota. Ota, a former finance minister who heads the panel, which has been newly created ...

Commentary / Japan Feb 3, 2013

Japan's competitiveness

Japan's world ranking in "economic competitiveness" is slipping. The nation came in 10th in 2012, continuing its slide from the sixth spot in 2010.