Tag - consumption-tax-3

 
 

CONSUMPTION TAX 3

Japan Times
BUSINESS / Economy
Dec 16, 2019
Economists predict Bank of Japan will stand pat this week after Abe stimulus
The Bank of Japan will leave monetary policy unchanged this week, and probably for much longer, after Prime Minister Shinzo Abe unveiled a stimulus package to bolster growth, according to a Bloomberg survey.
Japan Times
BUSINESS / Economy
Dec 13, 2019
Mood among Japan manufacturers gloomiest in nearly seven years as U.S.-China trade war bites
With the economy slowing, companies expect conditions to stay level or worsen next quarter, the Bank of Japanu2019s closely watched sentiment survey showed.
Japan Times
BUSINESS / Economy
Dec 11, 2019
Confidence at big Japanese firms at three-year low, hit by China slowdown and tax hike
The confidence index covering firms capitalized at u00a51 billion or more stood at minus 6.2 in the fourth quarter of 2019, sharply down from 1.1 in the previous quarter.
Japan Times
BUSINESS / Economy
Dec 10, 2019
Japan's initial fiscal 2020 budget to top ¥100 trillion again, hitting new record
Japan's initial budget for fiscal 2020 will hit a record high and top ¥100 trillion ($920 billion) for the second straight year due to swelling social security and defense costs, government sources said Monday.
Japan Times
BUSINESS / Economy
Dec 6, 2019
Household spending takes 5.1% dive as Japanese tighten purse strings after tax hike
Octoberu2019s larger than expected spending dip was the first in almost a year as disasters and the emergence of a 10 percent consumption tax prompted consumers to cut back.
Japan Times
BUSINESS / Economy
Dec 5, 2019
Cabinet approves ¥26 trillion stimulus package to prop up slowing Japanese economy
Economists say the stimulus package could slow down Japanu2019s efforts to improve its fiscal health, which is the worst among major industrialized economies.
Japan Times
COMMENTARY / Japan
Dec 3, 2019
Stimulus can fix a lot of policy errors
Japan's misguided consumption tax hike makes a big fiscal package inevitiable.
Japan Times
JAPAN
Nov 29, 2019
New state funds proposed to help hospitals dump excess beds amid soaring medical costs
The finance and health ministries are thinking of setting up funds in each prefecture to support private hospitals trying to rid themselves of excess beds that are driving up medical costs, it has been learned.
BUSINESS / Economy
Nov 29, 2019
October's 4.2% output drop poses risk of steeper economic slide in Japan
The plunge in industrial production signals that a steeper than expected contraction in economic growth might be ahead that will require even bigger government stimulus.
Japan Times
BUSINESS / Economy
Nov 28, 2019
Japan's retail sales see deepest slump since 2015 as tax hike hits demand
The drop was the biggest since a 9.7 percent fall in March 2015, and was worse than a 4.4 percent decline predicted by economists.
BUSINESS / Economy
Nov 23, 2019
Japan plans supplementary funding as cashless payment reward program takes off
The government is considering additional funding of more than ¥100 billion ($920 million) in the supplementary budget to finance a popular rewards program for shoppers making cashless payments, Jiji Press has learned.
Japan Times
BUSINESS
Nov 21, 2019
Japan's ruling bloc calls for ¥10 trillion to boost typhoon recovery and slowing growth
Analysts have doubts about the ability to spend such a large amount given the government debt.
Japan Times
BUSINESS / Economy
Nov 14, 2019
Japan's economy grinds to near standstill as U.S.-China trade war bites
Private consumption cooled from the previous quarter, casting doubt on the Bank of Japanu2019s view that demand will offset the impact from intensifying global risks.
BUSINESS / Economy
Nov 8, 2019
Japan's key composite index rose in September, but Cabinet Office keeps assessment of recession
The government said Friday that Japan's key composite index of economic indicators rose in September, but maintained its assessment that the economy has likely fallen into recession.
Japan Times
BUSINESS
Nov 8, 2019
Japanese businesses say impact of October's sales tax hike less painful than 2014
More than two-thirds of Japanese companies are feeling less pain from a sales tax increase last month than from the previous increase five years ago, which precipitated a recession, a Reuters poll has found.
Japan Times
BUSINESS / Economy
Nov 8, 2019
Household spending rose at a record year-on-year pace before Japan's October tax hike
Japan's household spending increased at the fastest pace on record in September, boosted by last-minute buying ahead of a consumption tax hike starting Oct. 1, government data showed Friday.
Japan Times
BUSINESS
Nov 6, 2019
Despite Japan’s quest to go cashless, nation’s growing elderly population proves reluctant
Cash is king in Japan, and more so for the country's fast-aging population who are still deeply reluctant to give it up.
Japan Times
JAPAN / Politics
Nov 2, 2019
Abe eyes economic package to assist recovery from typhoons and offset tax hike
Prime Minister Shinzo Abe is ready to instruct his staff to draw up a package of measures in response to a recent spate of massive natural disasters and to rev up the nationu2019s economy following the recent consumption tax hike.
Japan Times
BUSINESS / Economy
Oct 30, 2019
Japan retail sales grew at fastest pace since 2014 ahead of tax hike, but outlook murky
Japanese retail sales grew at the strongest pace in 5½ years in September as consumers rushed to buy big-ticket items to beat a rise in the country's sales tax, raising concerns spending could pull back sharply in the coming months.
BUSINESS
Oct 25, 2019
Japan's supermarket sales rose 2.8% in September before tax hike
Supermarket sales rose 2.8 percent by value in September from a year earlier on a same-store basis, up for the first time in six months owing to a rush of demand before the Oct. 1 consumption tax hike, an industry body said Thursday.

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