Businesses prep for consumption tax hike
Businesses prep for consumption tax hike
The consumption tax rate was to be raised to 10 percent from 12 a.m. on Tuesday.
The Japan News/Yomiuri
The Japan News/Yomiuri
Retailers, restaurants seek to retain customers with deals
Retailers, restaurants seek to retain customers with deals
Major restaurant chains and retailers are pushing new services in an effort to maintain sales levels in the face of Tuesday's hike in the consumption tax rate from 8 percent to 10 percent. Companies are thinking up new ways to try to ease the burden consumers are feeling.
The Japan News/Yomiuri
The Japan News/Yomiuri
Would you like some grilled scorpion with your wine?
Would you like some grilled scorpion with your wine?
Crickets, scorpions and giant water bugs. They seem to have nothing in common, but they are all in fact prime candidates as foodstuffs. In an effort to alleviate food shortages accompanying world population growth, a United Nations body is also encouraging insect consumption, which has been booming, particularly among young…
The Japan News/Yomiuri
The Japan News/Yomiuri
Japan’s Abe Rolls the Dice on His Political Legacy With Tax Hike
Shinzo Abe will almost certainly become Japan’s longest-serving prime minister next month. Whether he’ll be remembered as a success could well hinge on how the country’s economy weathers what happens today.
Bloomberg
Bloomberg
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Opposition parties form unified group
The Constitutional Democratic Party of Japan (CDPJ), the Democratic Party for the People (DPFP), the Social Democratic Party (SDP) and the Reviewing Group on Social Security Policy on Monday notified both houses of the Diet of the formation of a unified group. The number of lawmakers belonging to the new…
The Japan News/Yomiuri
The Japan News/Yomiuri
The Tax Hike the Bank of Japan Can’t Afford to Ignore
Japan’s economy risks being derailed for a third time by a sales tax hike this week if shoppers like 63-year-old Kuriko Iwaki suddenly close their wallets.
Bloomberg
Bloomberg