ECONOMY – 2

Nov 10
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. (Japan Times)
Nov 05
Japan's government-affiliated financial institution says the 4 major natural disasters that hit the country this year are expected to have a negative impact on the country's economy of more than 10 billion dollars. (NHK)
Nov 04
Missing: A tiny island off Hokkaido. Or so authorities fear, prompting plans for a survey to determine if the outcrop has been washed away, ever so slightly shrinking the country’s territorial waters. (Japan Times)
Nov 01
Japanese consumer goods companies are increasing investment in factories at home, with an eye to exporting to China and other Asian markets where "Made in Japan" products have cachet. (Nikkei)
Nov 01
Japanese farmers expressed concern Wednesday about an expected influx of imports and other effects of a trans-Pacific free trade agreement led by Japan that is set to enter into force on Dec. 30. (Kyodo)

Oct 31
Job availability in Japan improved to a fresh 44-year high in September as companies sought to ramp up hiring, government data showed Tuesday. (Japan Today)
Oct 30
India and Japan on Monday inked a $75 billion bilateral currency swap agreement which should bring greater stability to foreign exchange and capital markets in Asia's third largest economy. (Nikkei)
Oct 26
Japan will face a shortage of 6.44 million workers in 2030, making wage hikes, increased child care and other labor-related reforms vital to ensuring a stable workforce, according to a joint survey by Persol Research and Consulting and Chuo University released on Tuesday. (Nikkei)
Oct 26
Among low-income households with children in their early teens, 34.7 percent have experienced difficulty buying food for financial reasons, a survey by a Tokyo-based nonprofit organization showed Monday. (Japan Times)
Oct 24
Japan is to stop providing China with government aid next year and start jointly helping developing countries. (NHK)

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