Spokesperson Lin Jian made the remarks during a regular press conference in regards to reports stating that Japan's parliament approved its budget for fiscal year 2024, with a record-high defense budget of 7.95 trillion yen. Given Japan's not-too-distant history of militarist aggression, the mil...
Japan's fiscal year 2024 tax reform outline was released on 14 December 2023. This Alert provides an overview of the major reforms and revised provisions contained in the outline. Note that provisions may be amended, deleted or added during Diet deliberations regarding the reform bill....
In the fiscal year 2023, the revenue of five major general construction contractors in Japan amounted to around 10.4 trillion Japanese yen.
For the fiscal year 2024, the national burden rate in Japan was projected to be 45.1 percent. The national burden rate is the sum of social security contributions as a percentage of the national income and total taxes as a share of the national income. ...
Policemen search for victims in Asaichi-dori street, which burned down due to a fire following an earthquake in Wajima, Ishikawa Prefecture, Japan, January 7, 2024. REUTERS/Kim Kyung-Hoon By Kantaro Komiya TOKYO (Reuters) - Japan plans to expand its budget reserves for fiscal 2024/...
In the current fiscal year, the Philippines, Malaysia, Bangladesh and Fiji are expected to receive aid, and 2 billion yen has been allocated in the initial government budget. The Foreign Ministry expects to secure about 5 billion yen in fiscal 2024, including 2.1 billion yen it will request ...
Should economic indicators fall into place, the BOJ said it could raise rates to 1% by the second half of its 2025 fiscal year, starting from September 2025. Speaking to CNBC's "Squawk Box Asia" immediately after the GDP announcement, Sayuri Shirai, professor at Kei...
Predictions by Japan Iron and Steel Federation / Domestic Steel Product Consumption in Fiscal Year 2024, To Be Around Same Levels as Fiscal Year 2023The Japan Iron and Steel Federation (JISF) have made predictions regarding the expected consumption of steel products (expected domestic demand) in ...
Specifically, beginning with the income tax return for the fiscal year 2023 (including municipal and prefectural taxes [individual inhabitant tax] for the fiscal year 2024), the taxation method for dividend income, transfer income from listed stocks, and interest income from specific public bonds wil...
Though Nikon said it did not anticipate any impact from Japan's export controls for the current 2023-2024 fiscal year, if the restrictions come into effect, they will certainly affect Nikon's immersion business. A Nikon spokesman told Reuters that sales of two instruments are likely to be affe...