Economic impact feared after airport closure
NHK -- Sep 05
Typhoon Jebi forced Kansai airport to shut down on Tuesday. Concerns are mounting that if the closure continues, it could have a significant economic impact.

The airport is a major hub for both travelers and cargo. It connects Japan with at least 80 cities worldwide.

Its operator says an average day in the last fiscal year that ended in March saw about 460 passenger flights land and take off there. That's more than 78,000 domestic and international passengers per day.

The number for fiscal 2017 hit a record high, up 12 percent year-on-year to more than 28 million.

This comes as the Kinki region, including Kyoto, is attracting a growing number of foreign tourists.

A low-cost carrier that flies to destinations in Thailand and Hawaii has expressed concerns. AirAsia Group officials say it's unclear when the airport will open again.

News source: NHK
Apr 02
As the new coronavirus spreads in Japan, some foreigners in the country lack information due to language barriers. (NHK)
Dec 26
The average winter bonus for workers at major Japanese businesses rose 1.77 percent from a year earlier to a record ¥951,411 this year, a survey showed Wednesday. (Japan Times)
May 03
Finance ministers and central bank governors of the ASEAN states, along with Japan, China, and South Korea say they will discuss a plan to incorporate Japanese and Chinese currencies in a swap program to ensure financial stability in the region. (NHK)
Mar 26
Tokyo's benchmark Nikkei Average saw its biggest fall of 2019. The drop followed a plunge on Friday on Wall Street that came amid new worries of an economic slowdown. (NHK)
Mar 20
As trade talks between Japan and the US look likely to start soon, and the price of oil drops in Japan, the value of the Yen is increasingly under threat of deflation. (newsonjapan.com)
Mar 20
The average price of all types of land in urban areas rose last year for the first time since 1992 as the growing influx of foreign tourists rejuvenated real estate investment, the government said Tuesday. (Japan Times)
Mar 19
The Japanese economy will likely once again be assessed as "recovering at a moderate pace" in the government's monthly report due out Wednesday, which also will note potential risks from overseas economies. (Nikkei)
Mar 16
Japan will tighten oversight of pay for foreign employees through ordinances issued Friday, aiming to address major concerns over working conditions as the country prepares to accept more labor from abroad starting next month. (Nikkei)
Mar 09
Since the 2008 global financial crisis, expansionary monetary policy has been the order of the day in most of the major advanced economies. (Japan Times)
Mar 08
Chief Cabinet Secretary Yoshihide Suga denied a media report Thursday that the government is considering introducing a minimum wage for specific industrial sectors that would apply to workers nationwide, regardless of where they live. (Japan Times)