Search result for JAPAN CORONAVIRUS PANDEMIC
JAPAN’S ECONOMY FELL BY 4.6 PERCENT IN FY 2020 OVER PANDEMIC
Highlights –
- Japan’s economy fell by 4.6 percent in FY 2020 over pandemic.
- GDP in the January-March period shrank an annualized real 5.1 percent from the previous quarter.
- Exports of goods and services plummeted 10.4 percent.
JAPAN GOVT. OUTSTANDING LONG-TERM DEBT TO REACH $9.12 TRILLION
Highlights –
- Japan govt. outstanding long-term debt to reach $9.12 trillion.
- The debt is said to be the worst among developed countries.
- The Japan parliament passed the budget for fiscal 2021, with a record 106.61 trillion yen. ...
JAPAN’S DENTSU GROUP REPORTS NET LOSS OF $1.5 BILLION IN FISCAL 2020
Highlights –
- Japan’s Dentsu Group reports net loss of $1.5 billion in fiscal 2020.
- Due to the coronavirus pandemic, its advertising business slumped.
- In 2020, sales fell 10.4 percent to 939.24 billion yen.
- The company...
JAPAN GOVERNMENT DEFENSE BUDGET TO BE AROUND $51.5 BILLION FOR FISCAL 2021
Highlights –
- Japan government's defense budget to be around $51.5 billion for fiscal 2021.
- The general account budget is said to top 100 trillion yen for the 3rd year straight.
- The Cabinet Office is expected to approve the draft b...
JAPAN CABINET TO ISSUE MORE NEW BONDS WORTH $1.08 TRILLION TO MANAGE ECONOMY
Highlights –
- Japan Cabinet to issue more new bonds worth $1.08 trillion to manage the economy.
- Japan’s tax revenue is expected to fall more than 8 trillion yen short in fiscal 2020.
- The third supplementary budget for the current...
JAPAN’S BUDGET FOR FY2021 LIKELY TO BE MORE THAN $986 BILLION DUE TO PANDEMIC
Highlights –
- Japan’s budget for FY2021 to be more than $986 billion due to pandemic.
- Some 5 trillion yen has already been set aside for funds in addition to the above amount.
- The current FY2020 budget has been 102.66 trillion ye...
JAPAN HAS COMPILED AN ADDITIONAL ECONOMIC PACKAGE WORTH $707 BILLION
Highlights –
- Japan has compiled an additional economic package worth $707 billion.
- The amount would be used to ease the economic impact of the pandemic.
- The package will include extensions of subsidy programs such as ‘Go To Trav...