Tag - finance-ministry



Japan Times
BUSINESS / Economy
Dec 29, 2015
Yen guru Gyohten says Abe must stimulate economy, as BOJ has done its part
Toyoo Gyohten, a former currency policy chief at the Finance Ministry, says 2016 will be the year for Prime Minister Shinzo Abe to take up the mantle of stimulus from the Bank of Japan, which has done all it can to revive the economy.
Japan Times
BUSINESS / Economy
Dec 1, 2015
Japan's second-quarter business investment up 11% despite economic slowdown
Capital spending by Japanese firms rose 11.2 percent in the July to September period from a year earlier, the government said Tuesday, a bright spot for an economy that slipped back into recession in the fiscal second quarter.
BUSINESS / Economy
Oct 17, 2015
Aso says BOJ unlikely to expand easing for now
The central bank is unlikely to expand its unprecedented economic stimulus for now, Finance Minister Taro Aso said, citing a surplus of money in the economy and weak domestic demand.
Oct 8, 2015
Current account surplus gets six-fold boost from tourism
The current account surplus expanded more than six-fold in August compared with the previous year to log a surplus for the 14th consecutive month, thanks in part to foreign visitors lifting the travel surplus to a record high, the government said in a preliminary report Thursday.
Japan Times
Sep 26, 2015
Inevitable looming consumption tax hike keeps the LDP awake at night
The LDP is in a tough spot between an public wary of consumption tax hikes and a Finance Ministry unwilling to budge on the promised move to a 10-percent levy.
BUSINESS / Economy
Sep 9, 2015
Plan to use My Number for tax rebates is flawed, some experts say
The system is set to streamline tax collection and social welfare benefits, but critics warn of privacy issues by using it to also provide sales tax rebates.
Sep 5, 2015
Refunds on all food considered to ease '17 tax hike
The feasibility of a 2-point consumption tax refund is eyed for “all kinds of food and beverages except for alcoholic drinks” when levy is raised to 10 percent.
Jul 7, 2015
Finance Ministry appoints Kazuho Tanaka as top bureaucrat
The Finance Ministry on Tuesday announced a reshuffle of its senior officials, with Budget Bureau chief Kazuho Tanaka becoming the top bureaucrat at what is effectively the most powerful government office in Japan.
Jul 3, 2015
Fiscal 2014 tax revenue soars to highest in 21 years
The government said Friday that tax revenue in fiscal 2014 climbed to ¥54.0 trillion ($438.4 billion), the highest since 1993, thanks to a jump in corporate tax receipts and the first stage of the doubling of the consumption tax.
Jun 15, 2015
Government puts Japan Tobacco sell-off on back burner without immediate need for cash
The central government has decided to push back the sale of its remaining stake in Japan Tobacco Inc., Asia's largest listed cigarette-maker, according to officials familiar with the matter.
Japan Times
JAPAN / Science & Health
Jun 2, 2015
Some experts doubt shift to generic drugs is best prescription for health care system
In a desperate bid to stem the rise in health care costs, the government is reining in one of its biggest medical outlays: prescription drugs.
May 8, 2015
Japanese government's debt swells to ¥1.053 quadrillion
Japan's debt stood at a record-high ¥1.053 quadrillion ($8.78 trillion) at the end of March, the Finance Ministry said Friday, increasing pressure on the government to take further austerity measures.
Japan Times
Apr 12, 2015
Bridging corruption and legitimacy: amakudari
Amakudari reaches into almost every aspect of civil and economic life, quietly taking its cut in the form of higher prices, obscure but lucrative monopolies and seemingly bizarre regulations.
Jan 21, 2015
Abe targets Finance Ministry
Angered by its resistance to some of his policy measures, Prime Minister Shinzo Abe appears bent on curbing the power of the Finance Ministry.
JAPAN / Politics
Jan 1, 2015
Fiscal 2015 budget likely to reach record-high ¥96.9 trillion
Japan's general-account budget for fiscal 2015 is likely to reach a record high of around ¥96.9 trillion ($806.1 billion), topping the ¥95.9 trillion set aside for the initial budget for fiscal 2014, Finance Ministry sources said on Wednesday.
Dec 20, 2014
A better way to spend yen on schools
Japan's Finance Ministry wants to increase the number of students in each class to save ¥8.6 billion in personnel costs. This will result in 3,325 schools being shuttered and up to 4,000 teachers cashiered. A good idea perhaps, but why not prioritize spending on students who need the most attention?
Japan Times
BUSINESS / Markets
Nov 26, 2014
'Mr. Yen' sees drop in exchange rate he forecast coming to an end
The 14 percent plunge in the yen since mid-year has about run its course, according to the former Finance Ministry official known as "Mr. Yen."
Japan Times
Nov 17, 2014
Are Japan's public school teachers paid too much?
Japanese teachers make more money than the world average, but they also work many more hours.
Oct 23, 2014
Finance Ministry wants to squeeze more children into classrooms, close elementary schools
The Finance Ministry will ask the education ministry to increase the maximum number of students per class for first-graders at public elementary schools to 40, from the current 35, in a bid to cut the education budget for next year, it has been learned.
Japan Times
Sep 14, 2014
Next consumption tax raise painting Abe into a corner
Ever since the Cabinet Office released preliminary figures last month that showed an annualized 6.8 percent decline in first-quarter GDP, a war of nerves has flared up between the prime minister's office and the Finance Ministry. The next consumption tax hike could be delayed.


Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on