Local governments pin hopes on athlete host town project
August 2, 2017
TOKYO- Municipalities are gunning to revitalize their regions by taking part in the central government’s project to encourage local governments to host foreign athletes and staff participating in the 2020 Tokyo Olympics and Paralympics. In the project, registered municipalities are
Finance ministry raises views on Hokkaido, Okinawa
August 2, 2017
TOKYO- Japan’s Finance Ministry raised its economic assessments on Tuesday on the Hokkaido and Okinawa regions, citing improved personal consumption and the strong performance of the tourism industry. The upgrade in the ministry’s quarterly assessments is the first in two
Toyota to expand discretionary work system
August 2, 2017
NAGOYA- Top Japanese automaker Toyota Motor Corp. plans to expand the scope of its discretionary work system as part of its efforts to improve productivity amid intensifying industry competition, informed sources said Wednesday. Under the new system, Toyota is seen
US special operations aircraft practiced air refueling with ASDF
August 2, 2017
TOKYO- Japan and the United States conducted a joint drill in June in which US special operations aircraft refueled Japanese Air Self-Defense Force rescue helicopters in midair, informed sources have said. The drill may have been intended not only to
New virtual currency bitcoin cash created
August 2, 2017
TOKYO- A new virtual currency called “bitcoin cash” was created early Wednesday as a result of the split of bitcoin. The market price of bitcoin briefly showed wild fluctuations following the split, but no major loss of customer assets has
Kishida likely to become LDPʼs policy chief
August 2, 2017
TOKYO- Japanese Prime Minister Shinzo Abe is seen naming Foreign Minister Fumio Kishida, 60, as chairman of the Liberal Democratic Party’s Policy Research Council, in cabinet and party leadership shakeups on Thursday, informed sources said Wednesday. Abe, president of the
Market on “Olympic Roadˮ luring visitors
August 1, 2017
TOKYO- An open-air market created on “Olympic Road” connecting the new National Stadium under construction for the 2020 Olympic and Paralympic Games in Tokyo and the athletes’ village has been attracting visitors. Tabisuru Shintora Market, located near the Toranomon Hills
Key policy targets of abenomics remain “out of reachˮ: IMF
August 1, 2017
WASHINGTON- The Japanese government has yet to achieve its policy targets set under Prime Minister Shinzo Abe’s Abenomics economic policy mix as inflation remains “stubbornly low,” the International Monetary Fund said Monday. “Abenomics has improved economic conditions and engendered structural
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