miércoles, 11 de diciembre de 2019

Nikkei Asian Review

Japan Update

December 10, 2019


From Disney to Big Macs, 

Japan's prices are frozen

 in time

TOKYO -- Long labeled expensive, Japan now draws attention
 for low prices, whether at tourist 
 spots like Tokyo Disney or for
 fast food such as a Big Mac.

Goods and services that are
 markedly cheaper in Japan
 compared with other countries
 are among the factors driving
 the nation's recent tourism boom.

Yet low prices signal a malaise
 that includes corporate Japan's reluctance to raise worker pay, contributing to the minima
l-to-negative inflation that has
 dogged the country for decades.

Selected for you

Japan's wild GDP revisions stand out in G-7

After initially reporting growth of 0.2% for third quarter, Tokyo changes it to 1.8%

Japan's abandoned homes to undergo bigger effort 

for new lease on life

Government panel recommends scaling up land banks nationwide

Japan Coast Guard to 'eliminate' Chinese drones

Dozens of drones to be replaced by other models due to security concerns

Japan to promote 5G with new tax incentives

Ruling party eyes three-year tax plan to accelerate network development

Japan's 'yakitori' counts down to lift off for outer space

All systems go as canned grilled chicken receives JAXA certification

Japan's 'must-see' islands turn to entry taxes to cope 

with tourist influx

Hiroshima, Okinawa hot spots see opportunity to make up funding shortfalls