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Ministry to push use of drones, IT to energize Japan's construction industry

November 24, 2015 - 22:00
The infrastructure ministry plans to use drones, automatically controlled construction machinery and other information technology to improve productivity in civil engineering ordered by the government. (Japan Times)
Categories: Japan News

Minimum wage to go up 3 percent to boost consumption

November 24, 2015 - 21:45
The Abe administration will raise the minimum wage by 3 percent each year starting next fiscal year as part of a package of policies aimed at strengthening consumer spending and stoking economic growth. (Japan Times)
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Gov't plans to raise minimum wage to revive economy

November 23, 2015 - 22:24
The Japanese government plans to raise the minimum wage and introduce other steps to revitalise the economy, but the draft of stimulus measures seen by Reuters on Monday appeared to break no new ground on reforms that analysts say are needed to end decades of stagnation. (Japan Today)
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Economic impact already felt in Ise-Shima six months out from Japan's G-7 summit

November 23, 2015 - 22:19
With just six months remaining until the Ise-Shima Group of Seven summit, the host region in central Japan has already begun to feel the impact on the local economy - an impact expected to far exceed the economic boost provided by the Toyako summit in Hokkaido in 2008. (Japan Times)
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ASEAN single market seen to lift Japan

November 23, 2015 - 22:11
Japanese companies are pinning their hopes on further integration of Southeast Asia, which is enjoying high economic growth, following ASEAN's announcement that it will establish a new economic community on Dec. 31. (The Japan News)
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Majority of vacant houses in Japan in poor condition

November 20, 2015 - 22:59
Nearly 60 pct of vacant houses in Japan, excluding those intended for sale, are in very poor condition, with decay and other significant damage, the land ministry said Friday. (Jiji Press)
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Japan's gender equality rank improves slightly: WEF

November 19, 2015 - 21:57
Japan came 101st out of 145 countries in global gender equality rankings for 2015, up three places from last year, the World Economic Forum said in a report Thursday. (The Japan News)
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BOJ Kuroda sees limited impact of Paris terror attacks for now

November 19, 2015 - 21:49
Bank of Japan Governor Haruhiko Kuroda said Thursday he sees a limited economic impact at the moment from last week's terrorist attacks in Paris, noting no major financial market turmoil. (Jiji Press)
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Cup noodles and chocolates keep Abenomics' pulse beating

November 18, 2015 - 21:57
For the second time in a year, Japan's economy has slipped into recession, but consumers' taste for upmarket noodles and pricier chocolates suggests some pockets of resilience, and some hope for Abenomics, the reflationary policies championed by Prime Minister Shinzo Abe. (Japan Today)
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Japanese wives' savings fall, but still double that of their husbands

November 18, 2015 - 21:53
Money secretly saved by Japanese wives exceeds that of their husbands by about twofold, but is down significantly from a year earlier when they were saving three times as much, a survey by Meiji Yasuda Life Insurance Co. showed Wednesday. (Japan Times)
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Japan to ease rules on yen loans

November 18, 2015 - 21:28
The Japanese government plans to ease rules for state guarantee it requires from a partner country for low-interest yen loans for infrastructure projects in developing nations, informed sources said Wednesday. (Jiji Press)
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Japan economy contracts for 2nd straight quarter

November 16, 2015 - 21:42
Japan's economy contracted for the second consecutive quarter in July-September, reflecting sluggish corporate capital expenditures and a slow recovery in consumer spending, government data showed Monday. (The Japan News)
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Japan targets boosting birthrate to increase growth

November 13, 2015 - 03:53
Japan plans to include steps to raise the birthrate, such as easier access to childcare and tax incentives, in a package of reforms due this month to tackle the biggest bottleneck to economic growth. (Asahi)
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Just 10.5% of My Number notification cards sent out

November 12, 2015 - 22:08
Only 10.5 percent of mails containing cards to notify residents in Japan of their respective 12-digit numbers for the My Number common identification system for social security and taxation have been sent as of Wednesday, three weeks after the delivery started on Oct. 23, it was learned Thursday. (Japan Times)
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Low machinery orders signal slow economy

November 12, 2015 - 21:51
Japan's core machinery orders rose in September for the first time in four months, but companies forecast only modest gains in orders in October-December, a sign the economy's recovery from an expected recession could be slow. (The Japan News)
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Yen seen as next trigger for Bank of Japan action

November 11, 2015 - 22:45
With governor Haruhiko Kuroda more inclined to push his inflation target into the future than boost stimulus to meet it any time soon, some economists are taking a harder look at the yen as a potential trigger for further asset purchases by the Bank of Japan. (
Categories: Japan News

'Economy watchers' sentiment improves

November 11, 2015 - 22:17
Sentiment among so-called economy watchers improved for the first time in three months in October, reflecting a recovery in consumer spending in some sectors, a government survey has shown. (The Japan News)
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LDP OK's lower tax rate on fresh foods

November 11, 2015 - 22:14
Yoichi Miyazawa, chairman of the ruling Liberal Democratic Party's Research Commission on the Tax System, expressed his intention Wednesday to virtually accept applying a reduced tax rate for fresh foods when the consumption tax rate rises to 10 percent in April 2017. (The Japan News)
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Japan's April-Sept. current account surplus quadruples

November 10, 2015 - 21:49
Japan's current account surplus in the April to September period more than quadrupled from a year earlier to the highest level since the first half of fiscal 2010, the government said Tuesday, with a notable gain in the travel surplus in addition to a fall in imports due to lower crude oil prices. (Kyodo)
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Japan, U.S. to lead economic rule-making under TPP: Abe

November 6, 2015 - 23:34
Prime Minister Shinzo Abe on Friday hailed a huge Pacific Rim free-trade deal, saying it showcased a bid by Japan and the United States to set rules for the global economy. (Japan Today)
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