Jul 31, 2017

Car production helps Japanese industrial output rise 1.6%

Industrial production in June rose 1.6 percent from the previous month, lifted by a recovery in passenger cars and other transport equipment, government data showed Monday, with analysts predicting output will continue to grow. The rise in production follows a revised 3.6 percent fall in ...

Shoko Chukin Bank raided over shady loans

May 24, 2017

Shoko Chukin Bank raided over shady loans

Government officials Wednesday raided the offices of Shoko Chukin Bank, a state-linked lender for small and medium-sized firms, over improper loans issued under a state-backed program to help crisis-hit companies. The Financial Services Agency, the Ministry of Economy, Trade and Industry and the Finance Ministry ...

May 21, 2017

70% hand over personal data in Fukuoka e-receipt trial

In a surprise, nearly 70 percent of shoppers in a Fukuoka town agreed to provide their names, addresses, purchase histories and other personal information for the government's first experiment with electronic receipts, it has been learned. The Ministry of Economy, Trade and Industry, which conducted ...

Apr 24, 2017

Government may pull plug on a quarter of clean-energy projects

About a quarter of all approved clean-energy projects in Japan may no longer qualify for government incentives after failing to meet a deadline to secure grid access, according to preliminary estimates from the Ministry of Economy, Trade and Industry. About 456,000 projects totaling 27.7 gigawatts ...