Australia eyes tighter Japan business ties as region unites
Australia’s trade ties with Japan are taking on fresh significance as exporters look to alternatives to China and shared security interests strengthen relations.
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Australia’s trade ties with Japan are taking on fresh significance as exporters look to alternatives to China and shared security interests strengthen relations.
Familiar faces dominate Japan's company boardrooms A statistical analysis of outside directors at Japanese listed companies confirms what the eye sees -- the same old faces keep reappearing in multiple and overlapping boards like Wally in the Where's Wally series. Data gleaned through the GoToData database of the nonprofit Board Director Training Institute show that there are at least 342 directors who hold board seats at three or more companies, of which 100 sit on at least one company among the 100 largest by market capitalization. This is the pool of big-league repeaters with heavily sub...
A draft of the government's annual economic and fiscal policy guidelines calls for efforts to raise minimum wages, aiming to achieve a national average of ¥1,000 per hour.
Prime Minister Yoshihide Suga's plan to boost the minimum wage is facing stiff opposition from Japan's small and midsize firms, worried about their survival during COVID-19, and from lawmakers in his own ruling party amid concerns of a political backlash.
Apr 23, 2021 Prime Minister Yoshihide Suga’s plan to boost the minimum wage is facing stiff opposition from small and midsize firms worried about their survival during COVID-19, and from lawmakers in his own ruling party amid concerns of a political backlash. Suga said last month the government aims to raise Japan’s minimum wage, among the lowest in the Group of Seven economies, to ¥1,000 an hour from ¥902 “more quickly.” Suga believes the hike would help support households hit by COVID-19, boost competitiveness and spur inflation, according to government sources. But small...