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April 27, 2024
 

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TAX HIKE

Japan Times
BUSINESS
Mar 25, 2014
Stores looking to tourists for big sales
Many major department stores are zeroing in on foreign tourists and other visitors exempt from paying the consumption tax if they spend over a certain amount, anticipating that sales of luxury items will plunge following the sales tax hike next Tuesday.
EDITORIALS
Mar 25, 2014
'Abenomics' after the tax hike
Uncertainties are deepening with regard to the course of Japan's economy after the three-percentage-point sales tax hike takes effect in April. Meanwhile, 'Abenomics' appears to be losing steam.
BUSINESS / Economy
Mar 18, 2014
Analysts split on fiscal crisis timeline
Economists are split over how long the government has to rein in the world's biggest debt burden, a Bloomberg News survey shows, adding to a debate on whether the government should keep ratcheting up the sales tax.
EDITORIALS
Mar 11, 2014
No need to break the budget
Consumers would be wise to resist the urge to break their household budget with high-end purchases before the sales tax rises by three percentage points April 1. That's because manufacturers are likely to remain as keen as ever to keep their prices competitive after the tax hike.
EDITORIALS
Mar 3, 2014
Taxing adjustments ahead
With the consumption tax hike set to rise in less than a month, the government must make sure the hike doesn't lead to unfair transaction practices between large firms and their subcontractors and suppliers.
Japan Times
BUSINESS / Economy
Feb 24, 2014
'Abenomics' no help to breweries
While Prime Minister Shinzo Abe's policies help manufacturers such as Toyota Motor Corp. rack up record profits, challenges to his reforms are showing up in a more mundane spot: the outlook for beer.
Japan Times
BUSINESS
Oct 8, 2013
With 8% hurdle cleared, Aso eyes 10% sales tax
Just a week after Prime Minister Shinzo Abe announced his intention to raise the 5 percent consumption tax to 8 percent next April, Finance Minister Taro Aso said he was upbeat about raising the levy further to 10 percent.
Japan Times
BUSINESS / Economy
Sep 30, 2013
Abe betting this tax hike will be different
It's different this time. The four most dangerous words in markets, according to former U.S. Treasury Secretary Larry Summers.
JAPAN
Sep 21, 2013
Corporate tax cut agreement eludes
Prime Minister Shinzo Abe's top economic chiefs have failed to agree on a contentious corporate tax cut amid lingering skepticism that the move will bolster the deflation-mired economy and amid pressure on business leaders to raise wages.
BUSINESS / Economy
Sep 13, 2013
Big business may get tax cut with stimulus
The administration is considering a reduction in corporate income taxes as part of a stimulus package to cushion the economy from the first of two planned increases in the consumption tax, according to three sources briefed on the matter.
BUSINESS
Sep 10, 2013
Abe orders stimulus to avert tax hike hit
Prime Minister Shinzo Abe has instructed his ministers to draw up a stimulus package in case the planned consumption tax hike in April harms the economy, Finance Minister Taro Aso said Tuesday.
BUSINESS / Economy
Aug 25, 2013
Tax hike debate expected to heat up
Debate on how the planned sales tax hike will affect the economy is expected to heat up when a government panel begins gathering expert opinions Monday.
BUSINESS / Economy
Jul 19, 2013
April-June GDP forecast faces upgrade to 3%
Economists are projecting that the economy grew at an annualized rate of around 3 percent in the three months to June, surpassing the government's growth target for raising the consumption tax next April.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.

Podcast

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[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Leading Japan’s sustainability from Tokyo
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