TOKYO Japan is considering extending a special employment subsidy to help firms hit by the coronavirus pandemic that would keep furloughed workers on the payroll, but no decision has been made yet, a labour ministry official told Reuters on Wednesday.
TOKYO Japan needs to consider extending a special subsidy aimed at helping companies hit by the coronavirus pandemic to keep furloughed workers on the payroll, an official from Japan's ruling Liberal Democratic Party (LDP) said late on Monday.
TOKYO Japanese Finance Minister Taro Aso described the yen's recent rise as "rapid" on Friday, signalling concern that a strong currency could add pain to an export-led economy already in recession because of the novel coronavirus.
TOKYO Japan's industrial output snapped four months of decline in June, pointing to a modest recovery in broader business and consumer activity in the world's third-largest economy following a heavy hit to demand from the coronavirus pandemic.
* Gov't makes digital transformation key plank of policy
TOKYO Two decades after Japan rolled out an ambitious plan to go digital, the COVID-19 crisis has exposed the government's deeply rooted technological shortcomings as ministries remain stuck in a paper-driven culture that experts say is hurting productivity.
TOKYO Japan's government slightly raised its economic view for a second straight month in July, though authorities conceded that the situation remained severe in light of a renewed spike in coronavirus cases in many parts of the world.
TOKYO Japan's industrial output likely rebounded in June from the near double-digit decline in the previous month, in a sign factory activity may have bottomed out from the deep slump caused by the coronavirus pandemic, a Reuters poll of 13 economists showed.