Tag - spending

 
 

SPENDING

Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
Japan Times
BUSINESS
Oct 18, 2018
As deficit soars after huge tax cuts, Trump now tells Cabinet to cut budget by 5%
U.S. President Donald Trump, faced with a budget deficit at a six-year high, on Wednesday told his Cabinet to come up with proposals to cut spending by their agencies by 5 percent, but he suggested the military would be largely spared.
Japan Times
COMMENTARY / Japan
Aug 28, 2018
Address Japan's demographic, fiscal woes
The most important items on the agenda should be reversing Japan's population decline and rebuilding the government's fiscal health.
Japan Times
BUSINESS / Economy
Aug 7, 2018
Wage growth in Japan hits 21-year high, possibly signaling a pickup in household spending
Household spending slid in June, but real wages rose at their fastest pace in more than 21 years thanks to higher summer bonuses, a sign that benefits of a prolonged economic recovery are broadening.
Japan Times
COMMENTARY / World
Jul 22, 2018
Beijing invents a different way to run an economy
The nation has avoided a recession for a quarter-century. Few countries can make the same claim.
COMMENTARY / Japan
Jul 19, 2018
A new tax to fix Japan's dire fiscal straits
There's a better way to increase tax revenue than raising the consumption tax.
COMMENTARY / Japan
Jul 1, 2018
The season of economic policy
Fundamental structural reforms must be pursued with the leadership of the prime minister and his office.
Japan Times
BUSINESS
Jun 22, 2018
U.S. spending bill would halt transfer of F-35s to Turkey unless Ankara drops plan to buy Russian missile defenses
A U.S. Senate committee passed a spending bill on Thursday including a provision to block Turkey's purchase of Lockheed Martin F-35 Joint Strike Fighter jets unless it drops a plan to buy S-400 missile defense systems from Russia.
Japan Times
BUSINESS / Economy
Jun 14, 2018
Cashed-up grannies splurging on grandkids boost Japan's economy
Mikayo Taguchi loves splurging on her grandkids and children, whether for clothes or sporting goods or family outings. In Japan, that generosity matters — boosting demand by tens of billions of dollars each year.
EDITORIALS
May 31, 2018
Face up to harsh reality of fiscal consolidation
As the government struggles to put together a credible road map to fiscal consolidation, the public should also grapple with the question of how the nation's fiscal health can be regained.
Japan Times
BUSINESS / Economy
May 16, 2018
Japan's economy shrinks in first quarter of 2018 after two-year run of growth
The economy shrank by 0.2 percent in the first three months of 2018, snapping a run of two years of positive growth, according to the Cabinet Office.
Japan Times
WORLD / Politics
May 3, 2018
Democrats demand answers over Scott Pruitt's mystery Morocco trip and lobbyist pal's pricey contract
EPA Chief Scott Pruitt's four-day trip to Morocco last December was puzzling from the start.
BUSINESS / Economy
Apr 6, 2018
Japan's long growth run faces turning point as wages and spending fall
Japan's longest run of economic expansion since the 1980s asset bubble may be entering a turning point, with data out on Friday suggesting consumption will fail to drive growth if trade frictions undermine exports.
EDITORIALS
Apr 4, 2018
Feasible fiscal consolidation scenario needed
The government should base the new deficit-reduction target on a more feasible growth scenario and engage in steady efforts to streamline its spending.
Japan Times
BUSINESS
Mar 9, 2018
Vietnam bumps Thailand down to third place in survey of interest among Japanese businesses
Interest in Vietnam among Japanese companies continues to grow, boosting the Southeast Asian country to the second spot, right behind China, for the first time in the Japan External Trade Organization's ranking of countries and areas favorable for business expansion, according to a fiscal 2017 survey...
EDITORIALS
Feb 15, 2018
What last quarter's GDP says about the economy
Japan's GDP continues on a growth path, put that doesn't mean all is rosy with the economy.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.