Tag - finance-ministry

 
 

FINANCE MINISTRY

Japan Times
JAPAN / EXPLAINER
Jun 23, 2019
Report on Japan pension shortfall spurs anxiety — and a closer look at the system
The Financial Services Agency earlier this month released a report on the future financial security of senior citizens that suggested people would have to save more to make up for expected shortfalls in the public pension system, sparking public anxiety and major controversy over the government program's...
Japan Times
JAPAN / Politics
Jun 21, 2019
Finance Minister Taro Aso survives no-confidence motions over rejection of Japan pension report
Opposition party-submitted resolutions rebuking Finance Minister Taro Aso for his refusal to receive a report questioning the ability of the country's pension system to meet retirees' needs were voted down in the Diet on Friday.
Japan Times
BUSINESS / Economy
May 24, 2019
Japan was still world's biggest investor at end of 2018, trailed by Germany and China
The net balance of external assets held by the Japanese government, companies and individual investors stood at ¥341.56 trillion ($3.11 trillion) at the end of 2018, remaining the world's largest for the 28th consecutive year, the Finance Ministry said Friday.
Japan Times
BUSINESS / Economy
May 14, 2019
Japan's current account surplus shrinks first time in five years
The surplus in the current account shrank for the first time in five years in fiscal 2018 to ¥19.41 trillion as China's economic slowdown curbed growth in exports and higher oil prices boosted imports, government data showed Tuesday.
Japan Times
JAPAN
May 10, 2019
Japan Mint to issue commemorative gold and copper coins to honor new emperor
The Finance Ministry said Friday that it will issue two types of coins commemorating the enthronement of Emperor Naruhito.
Japan Times
JAPAN
Apr 9, 2019
Japan announces new ¥10,000, ¥5,000 and ¥1,000 bank notes as Reiwa Era looms
The portraits on the new bills will be rendered as 3D holograms, which the Finance Ministry said is a world first for currency.
Japan Times
JAPAN / Politics
Mar 30, 2019
Osaka panel urges prosecutors to reopen probe into government's murky Moritomo Gakuen land deal
A judicial body urges prosecutors to reinvestigate a case against a former senior Finance Ministry official who was involved in the Moritomo Gakuen land sale scandal.
BUSINESS
Mar 3, 2019
Japan's current account surplus is due to investments overseas, senior official says
Japan's top currency official said the current account surplus is the result of investments abroad rather than the exchange of goods, and it should not become a trade issue.
BUSINESS
Mar 1, 2019
Japanese business spending rose 5.7% in October-December quarter from 2017
Capital spending by Japanese companies rose 5.7 percent in the October-December quarter from a year earlier, government data showed Friday.
BUSINESS
Mar 1, 2019
Japan sees first fall in corporate profits in over two years due to weak China demand and high material costs
Corporate profits in Japan were down for the first time in 2½ years in the fourth quarter of 2018 amid falling demand from China and rising costs, government data showed Friday.
Japan Times
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
JAPAN
Dec 31, 2018
Finance Ministry sets up compliance promotion panel to regain public trust
The Finance Ministry has set up a compliance promotion panel to regain public trust that was lost due to scandals such as the alteration of ministry records related to a controversial state land sale to private school operator Moritomo Gakuen.
Japan Times
BUSINESS / Economy
Dec 6, 2018
Japan government's initial budget for fiscal 2019 first to top ¥100 trillion
The government's initial budget for fiscal 2019 is set to be the first ever to top ¥100 trillion ($885 billion), reflecting a sweeping fiscal stimulus package designed to underpin the economy after a consumption tax hike next year, government sources said Wednesday.
Japan Times
JAPAN
Nov 22, 2018
Japan auditors release Moritomo Gakuen report but fail to answer why land was sold so cheap
The national accounting watchdog released a report Thursday on the murky sale of state land in 2016 involving a school operator close to the wife of Prime Minister Shinzo Abe, but fell short of identifying why the land was sold at a heavily discounted price.
BUSINESS / Economy
Aug 31, 2018
Japan's government budget requests for fiscal 2019 hit record high
Budget requests from government ministries and agencies for fiscal 2019 reached a record-high ¥102.5 trillion ($923 billion) amid snowballing social security costs and increasing defense spending, officials said Friday.
BUSINESS
Aug 24, 2018
Japanese and Chinese finance chiefs to hold talks next week on reinforcing financial ties
The finance ministers of Japan and China will meet on Aug. 31 in Beijing to discuss strengthening financial cooperation, the Finance Ministry said Friday.
Japan Times
BUSINESS
Jul 27, 2018
Japan's Finance Ministry names new leadership, ending monthslong vacuum following scandals
The Finance Ministry on Friday named its new top bureaucrat and tax collecting chief, resolving a leadership vacuum that had dragged on for months after a string of resignations over scandals.
Japan Times
BUSINESS
Jul 13, 2018
Masatsugu Asakawa to stay in post for fourth year as Japan's top currency official
Masatsugu Asakawa is set to remain in his post as vice minister of finance for international affairs for a fourth year, sources with knowledge of the matter said Friday, further extending his stint in a post that usually has a turnover period of one to two years.
BUSINESS
Jul 10, 2018
Cabinet approves guidelines for Japan's 2019 budget
Prime Minister Shinzo Abe's Cabinet on Tuesday approved its budget compilation guidelines for fiscal 2019, allowing for additional spending on social security and economic growth to set the stage for a record-high initial budget.
Japan Times
BUSINESS
Jun 11, 2018
Currency diplomat Asakawa tapped as Finance Ministry's top bureaucrat
The Finance Ministry's top currency diplomat Masatsugu Asakawa has been tapped to become vice finance minister, its highest bureaucratic post and one that has remained vacant since April, sources close to the matter said.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan