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May 04, 2024
 

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U N BUDGET

EDITORIALS
Dec 25, 2017
More efforts needed for fiscal consolidation
The record-breaking u00a597.7 trillion budget for fiscal 2018 won't put the nation on a steady path for fiscal consolidation.
Japan Times
JAPAN / FOCUS
Dec 24, 2017
Abe's 'social security for all' a daunting task in quickly graying Japan
Prime Minister Shinzo Abe looks to remodel the existing social security system in favor of younger generations who bear responsibility for the country's future economic growth.
Japan Times
BUSINESS
Dec 22, 2017
Cabinet OKs record-high ¥97.71 trillion 2018 budget to cover rising social security and defense costs
The Cabinet approves a draft budget of u00a597.7 trillion for fiscal 2018, breaking the record for the sixth year straight.
Japan Times
JAPAN / Politics
Dec 22, 2017
Japanese Cabinet OKs record ¥5.19 trillion defense budget to counter North Korea with interceptor batteries, first cruise missiles
The Cabinet on Friday approved a record-high draft defense budget for fiscal 2018 to beef up Japan's missile defenses against the growing threat from North Korea, breaking the record for the fourth consecutive year.
BUSINESS / Economy
Dec 18, 2017
Japan's FY 2018 budget likely to set record for sixth straight year at around ¥97.7 trillion
The government's draft budget for fiscal 2018 is expected to total ¥97.7 trillion ($868 billion) — a record high for the sixth straight year — due in large part to swelling social security and defense spending, according to government sources.
BUSINESS
Dec 7, 2017
Japan to issue more bonds to fund ¥2.9 trillion extra budget for missile defense and day care: sources
The government is set to compile a supplementary budget of around ¥2.9 trillion ($25.9 billion) for the fiscal year through March to cover spending on missile defense amid tensions over North Korea, and for new economic measures, government officials said.
Japan Times
JAPAN / Politics
Nov 2, 2017
Abe will propose a bold ¥2 trillion economic spending package in early December
Prime Minister Shinzo Abe said Wednesday he will compile a bold economic package worth ¥2 trillion early next month to combat various woes related to Japan's rapidly aging population.
Japan Times
BUSINESS
Oct 27, 2017
GOP-led U.S. House narrowly passes measure paving way for Trump's deep tax cuts seen favoring rich
The U.S. House of Representatives helped pave the way on Thursday for deep tax cuts sought by President Donald Trump and Republican leaders, but barely overcame a revolt within party ranks that could foreshadow trouble ahead for the tax overhaul.
Japan Times
BUSINESS
Aug 31, 2017
Japan's budget requests reach ¥101 trillion for fiscal 2018, making sustainability a challenge
General-account budget requests by government ministries and agencies totaled around ¥101 trillion ($913 billion) for fiscal 2018 amid ballooning social security expenses and record-high defense spending, government officials said Thursday.
Japan Times
BUSINESS / Economy
Jul 15, 2017
Abe identifies priorities for fiscal 2018 budget
Prime Minister Shinzo Abe plans to give budget priority to fostering human resources as the government proceeds with the process of drawing up the fiscal 2018 state budget.
Japan Times
COMMENTARY / World
Jun 6, 2017
The biggest scam in American politics
It's hard to think of a country that has less to fear than the United States. So why is its military spending so high?
BUSINESS
May 22, 2017
Washington Post: Trump budget to include cuts to Medicaid, other help for low-income citizens
U.S. President Donald Trump's budget proposal, set to be unveiled on Tuesday, will include cuts to Medicaid and propose changes to other assistance programs for low-income citizens, the Washington Post reported on Sunday.
Japan Times
JAPAN / Politics
Mar 27, 2017
Government enacts record-high budget, damping opposition efforts to keep spotlight on school land scandal
The Upper House approved a u00a597.45 trillion budget that highlighted an increase in defense spending — a record u00a55.13 trillion — reflecting a beefed-up effort to counter China and North Korea.
JAPAN
Mar 8, 2017
Japan's border islands to get ¥5 billion boon for tourism, defense
The government has earmarked ¥5 billion in increased economic assistance to 71 islands off the coast of eight prefectures, as concerns over declining populations are compounded by recurring intrusions into sovereign territory by foreign vessels.
BUSINESS
Feb 27, 2017
Lower House approves record ¥97.45 trillion budget
The Lower House signs off on a record high u00a597.45 trillion budget for fiscal 2017 that gives priority to social security and defense.
BUSINESS / Economy
Jan 31, 2017
Diet enacts extra budget for disaster relief and defense
The Diet has enacted an extra budget worth ¥622.5 billion for fiscal 2016 through March to provide disaster relief and increase defense spending.
EDITORIALS
Dec 27, 2016
The fiscal 2017 budget
The government should avoid relying on overly optimistic economic scenarios to cover its bloated expenses.
Japan Times
BUSINESS
Dec 22, 2016
Cabinet OKs record-high ¥97.45 trillion budget as social security, defense outlays swell
The Cabinet stamps a record-high u00a597.45 trillion budget for fiscal 2017 despite the government's swelling social security costs and precarious finances.
JAPAN
Dec 22, 2016
Japan pledges $500 million in fresh aid for refugees
Prime Minister Shinzo Abe announced Thursday that $500 million in fresh assistance for refugees will be provided as part of Japan's commitment to achieving the U.N. Sustainable Development Goals.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 22, 2016
Slower tax revenue growth in aging Japan puts Abenomics at crossroads
As Japan takes on the elusive challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of the aging country.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
Yen swings stir talk that Japan is in the FX market once again
An electronic screen in Tokyo displays the yen exchange rate against the U.S. dollar and the graph showing its recent swings, on Thursday.
Harajuku strives to reclaim its former glory — and surpass it
Laforet Harajuku, which celebrated its 45th anniversary last year, has been a witness to the district's evolution over the years.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Japan's May 1 intervention may have cost ¥3.66 trillion, BOJ data suggests
An electronic screen displays a graph showing Japanese yen exchange rates surging against the dollar amid signs of intervention by authorities, in Tokyo on Thursday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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