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Japan Delivers Long-Delayed Consumption Tax Hike

  • Category:Other
BBC
 
Japan has increased its consumption tax for the first time in five years, bringing the long-delayed policy into effect despite concerns it may knock the economy.
On Tuesday, the country raised its sales tax rate from 8% to 10%.
The new rate applies to nearly all goods and services, though m...

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Registers, Rates And Points: Tax Hike Woes For Japanese Retailers

  • Category:Other
JAPAN TODAY
 
TOKYO - Cash register shortages, differing tax levels and a complicated points system: from Oct 1, Japan will have a new consumption tax and its complex regulations have left some retailers baffled.
The long-awaited and twice delayed consumption tax hike will move from eight percent...

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‘Scattered-Style’ Hotel Business Spreading

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — A unique hotel business to offer services at accommodations and eateries scattered about within walking distance is spreading in Japan.
Often reutilizing traditional Japanese houses as hotel facilities, the business aims to allow guests to walk around a city ...

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Inflation By Stealth: How Japan's Firms Fight The Frugal Retail Psyche

  • Category:Other
JOURNAL PIONEER
 
TOKYO (Reuters) - After years of soggy inflation and the long reign of Japan's tight-fisted shoppers, businesses in the world's third-largest economy are adopting new methods to lift prices, from artificial intelligence to simple packaging tweaks.
Despite many rounds of stimulus...

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Japan's Richest Man Fears Brexit Could Turn UK Into 'Sick Man Of Europe'

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CNN
 
London (CNN Business)Japan's richest man has warned that Brexit is "practically impossible" and could take the United Kingdom back to the economic stagnation of the 1970s when the country was often described as the "sick man of Europe."
Tadashi Yanai, the billionaire founder and CEO of Fast...

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New LCC Terminal Opens At Centrair

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THE JAPAN NEWS
 
TOKONAME, Aichi (Jiji Press) — A new terminal for low-cost carriers was opened at Chubu Centrair Airport near Nagoya on Friday, raising expectations for a boost to the number of foreign visitors to the Chubu region.
Terminal 2 at the Centrair airport is the third dedicated LCC te...

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Commercial Land Prices Outside Japan's 3 Largest Urban Areas Rise For 1st Time In 28 Years

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JAPAN TODAY
 
TOKYO - The average price of land for commercial use outside Japan's three largest metropolitan areas -- Tokyo, Osaka and Nagoya -- has risen for the first time since 1991, as an influx of foreign tourists has been reviving the country's real estate scene, according to government da...

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More Than 270 Flights Cancelled Due To Typhoon

  • Category:Other
NHK WORLD
 
Typhoon Tapah has caused the cancellation of 276 domestic flights to and from Okinawa area airports as of 9 a.m. Saturday.
They include 92 All Nippon Airways flights and 48 operated by Japan Airlines.
Other affected carriers are Skymark Airlines with 34 flights, Japan Air Commuter wit...

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Japanese Parent Company Pulls Plug On Albemarle & Bond Over Brexit

  • Category:Other
THE GUARDIAN
 
Daikokuya Holdings seeks buyer after branches of UK pawnbrokers were shuttered last week
The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that its losses would increase after Brexit, it has emerged, shedding light on the myste...

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S Korean Beer Imports From Japan Plunge 97%

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JAPAN TODAY
 
SEOUL - South Korean imports of Japanese beer slumped almost to zero last month in the face of a consumer boycott sparked by a bitter trade and historical dispute between Seoul and Tokyo, data showed Monday.
Japanese companies shipped $223,000 worth of beer to South Korea in August,...

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