SUBSCRIBERS
Abe neutral on further hike in sales tax: minister
Published Sun, Oct 5, 2014 · 09:50 PM
Tokyo
JAPANESE Prime Minister Shinzo Abe remains "completely neutral" on whether to raise the national sales tax, Economy Minister Akira Amari said on Sunday even as he expressed concern about the strength of the country's economic recovery.
Mr Abe faces a tough decision by year's end on whether to raise the tax for a second time - doubling the tax rate over 18 months - in a bid to curb Japan's runaway government debt.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month