In October, Japan will face a fresh round of price increases and tax-related rule changes.

A new wave of price hikes on food and services is scheduled for October, further squeezing the budgets of Japanese households, while freelancers and the self-employed may have to endure higher tax burdens under a new invoice system.

The persistent effects of a weaker yen, which inflates...

REASEARCH COMPANIES IN JAPAN SHOW OVER 500 BUSINESSES WENT BANKRUPT SINCE FEBRUARY

Highlights –

• Research companies in Japan show over 500 businesses went bankrupt since February.
• Tokyo Shoko Research Ltd. and Teikoku Databank Ltd. conducted the research.
• The new Cabinet is considering an additional stimulus package...

BANKRUPTCIES IN JAPAN LIKELY TO RISE IN 2020

Highlights

• It is being forecasted that such cases may exceed 10,000 this year
• It is the highest since 2013

In 2020, companies in Japan declaring bankruptcy will likely climb to the most in seven years. It further put...