Japan's Amari: Minimum wage hike important to economic growth
Published Tue, Nov 24, 2015 · 02:22 AM
[TOKYO] Japanese Economics Minister Akira Amari said on Tuesday it was important to raise the minimum wage to contribute to the country's economic growth.
Mr Amari, speaking to reporters, added that an increase in the minimum wage may burden some small companies.
Japan's government is due to raise the minimum wage and encourage companies to increase salaries as part of a package of policies to bolster the economy.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
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
China firms are investing abroad at fastest pace in eight years