The Bank of Japan has created a new public relations video for the first time in five years and started showing it at the beginning of November.
In the 18-minute video titled "The Bank of Japan in Our Daily Lives," BOJ Governor Haruhiko Kuroda demonstrates the central bank's resolve to tackle deflation and other challenges facing the Japanese economy.
The video underscores the importance of price stability, explaining a vicious cycle in which continued drops in goods and services prices reduce profits at manufacturers and retailers as well as wages, resulting in a deterioration in the economy.
Japanese Prime Minister Shinzo Abe is considering postponing the consumption tax hike to 10 pct from 8 pct planned for April 2017 by two and a half years to October 2019, government sources said Saturday. (Jiji Press)
A Japanese man was arrested Wednesday in Thailand on suspicion of raping and sexually harassing a number boys aged between 13 and 15 in the country's northern province of Chiang Mai, investigators said. (Japan Times)
A panel of Tokyo's Metropolitan Police Department came up with a report on Wednesday calling for legal regulations on the so-called JK business, in which high school girls offer such services as massage and dating. (Jiji Press)