Tag - finance-ministry

 
 

FINANCE MINISTRY

Japan Times
BUSINESS / Economy
May 20, 2021
Japan’s 2025 budget goal is near impossible, debt panel member says
Measures such as spending cuts or tax increases to meet the goal would shave 1% off the economy each year and are therefore unlikely, says Ayako Fujita.
JAPAN
Dec 29, 2020
After massive COVID-19 spending, how large is Japan’s debt?
Experts say increased spending is unavoidable but that Japan will need to start seriously discussing how it will deal with its debt once the pandemic eases.
Japan Times
BUSINESS / Markets
Nov 27, 2020
Japan bond market in the dark on new sales as virus cases spike
As coronavirus infections spark increasing alarm, the government has left investors guessing on how much money it will pump into the economy through a third extra budget.
BUSINESS
Oct 9, 2020
Hong Kong’s woes may help Japan woo financiers, top official says
The vice finance minister said tax cuts and other tweaks to regulations ultimately matter less than whether Japan can bring back business opportunities for firms.
Japan Times
BUSINESS / Economy
Sep 1, 2020
Japan's 2Q capital expenditure sees biggest decline since 2010
Capital spending shed 11.3 percent between April and June year-on-year, as the COVID-19 crisis hit investments by the manufacturing and service sectors.
Japan Times
BUSINESS / Economy
Aug 4, 2020
Japan gives regional economies better grades after virus slump
The upward revision to the assessment, the first since October 2017, came despite uncertainty over the outlook amid the recent resurgence of the virus.
BUSINESS / Economy
May 22, 2020
Japan finance and BOJ chiefs vow in rare meeting to use all tools to combat virus fallout
The pair vowed to deploy all necessary fiscal and monetary policy tools to combat the widening fallout from the pandemic.
JAPAN / EXPLAINER
Apr 2, 2020
With suicide note and lawsuit, Moritomo scandal back to haunt Abe
With the publication of a suicide note by a former Finance Ministry official and subsequent lawsuit by his widow, the Moritomo Gakuen scandal has returned to haunt Prime Minister Shinzo Abe. But with Abe saying the issue has been settled and Japan finding itself in the midst of the coronavirus crisis,...
JAPAN
Mar 18, 2020
Suicide note reignites Moritomo scandal that rocked Abe administration
The wife of a former Finance Ministry official who killed himself filed a lawsuit against the ministry and the former chief of its financial bureau, seeking damages of u00a5110 million.
Japan Times
BUSINESS / Tech
Feb 22, 2020
Japan's financial and monetary authorities taking hard look at minting digital currencies
The Finance Ministry, Financial Services Agency and Bank of Japan have met to promote research on digital currencies for possible issue by central banks, it has been learned.
Japan Times
JAPAN
Jan 25, 2020
Three Japanese ministries and the patent office to test ways to cut number of plastic bags at convenience stores
The Ministry of Economy, Trade and Industry said Friday that it will launch a trial next week at convenience stores at three government ministries and an agency to test ways to reduce the use of plastic shopping bags.
Japan Times
BUSINESS
Nov 8, 2019
Aso signals new openness to introducing 50-year bonds
Finance Minister Taro Aso indicated a new openness to introducing 50-year government bonds, days after the country's central bank chief suggested such a move could be helpful.
Japan Times
JAPAN / Science & Health
Nov 1, 2019
Japan Finance Ministry proposes raising out-of-pocket medical costs for those 75 and over
The Finance Ministry on Friday proposed cutting official medical service fees and raising the proportion of medical expenses paid by patients themselves, with the aim of improving the financial condition of the country's health insurance system.
BUSINESS
Oct 3, 2019
Japan begins compiling fiscal 2020 budget
A subcommittee of the Fiscal System Council launched full-fledged discussions Thursday to compile the budget for fiscal 2020.
BUSINESS / Economy
Sep 9, 2019
Diplomatic row with South Korea starts to hurt Japan's current account surplus
Japan's surplus in spending by overseas travelers declined in July from a year earlier as the number of visitors from South Korea tumbled, a sign the souring bilateral relations are taking a toll on the world's third-largest economy.
BUSINESS
Aug 29, 2019
Japan budget requests for fiscal 2020 on way to record-high ¥105 trillion
General-account budget requests from government agencies and ministries for fiscal 2020 are expected to set a new record near ¥105 trillion, it has been learned.
Japan Times
JAPAN
Jul 30, 2019
National treasures featured on Japan's 2020 Olympics commemorative coin
Works depicting the famous gods of wind and thunder have been selected as new designs for commemorative ¥500 coins to be made to celebrate the 2020 Tokyo Olympic and Paralympic Games, the Finance Ministry announced Monday.
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
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
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.

Longform

Mount Fuji is considered one of Japan's most iconic symbols and is a major draw for tourists. It's still a mountain, though, and potential hikers need to properly prepare for any climb.
What it takes to save lives on Mount Fuji