Search result for subsidy
JAPAN GOVT. REPORTS A 1.0 PERCENT DROP IN THE DEC. CONSUMER PRICE INDEX
Highlights –
- Japan govt. reports a 1.0 percent drop in the Dec. consumer price index.
- In 2020, the core CPI dipped 0.2 percent on average.
- In December, electricity bills fell 7.9 percent and gas bills at 9.5 percent.
- Accomm...
AUSTRALIAN GOVERNMENT ACCEPTED SUPER RETAIL GROUP'S RETURN OF JOBKEEPER MONEY
HIGHLIGHTS
- Josh Frydenberg, the federal treasurer has invited Super Retail Group's choice to deliberately return $1.7m of pay endowments to the Australian government, while Labor has called for other bouncing back retailers to take similar steps
JAPAN GOVT. PROPOSED SUSPENSION OF ‘GO TO TRAVEL’ SUBSIDY PROGRAM IN PARTS
Highlights –
- Japan Govt. proposed suspension of ‘Go To Travel’ subsidy program in parts.
- Parts of the country that are under pressure due to increase in infections may see the suspension.
- Japan has so far confirmed a recor...
JAPAN’ ‘GO TO TRAVEL’ SUBSIDY PLAN TO BE EXTENDED UNTIL JUNE NEXT YEAR
Highlights –
- Japan ‘Go To Travel’ subsidy plan to be extended until June next year.
- The extension of the travel subsidy is aimed at boosting the economy during the pandemic.
- The govt. is expected to add another economic st...
SAPPORO AND OSAKA TO BE EXCLUDED FOR THREE WEEKS FROM JAPAN’S TRAVEL SUBSIDY PLAN
Highlights –
- Sapporo and Osaka to be excluded for three weeks from Japan’s travel subsidy plan.
- The minister in charge of Japan’s virus response, Yasutoshi Nishimura announced the same.
- The government will compensate for t...
JAPAN’S 3-DAY WEEKEND SEES CROWDS THRONG AT TOURIST SPOTS DESPITE COVID-19 ALERTS
Highlights –
- Japan’s 3-day weekend sees crowds throng at tourist spots despite COVID-19 alerts.
- On Monday, the central govt. announced review of parts of the ‘Go To Travel’ and Eat subsidy.
- Ise Jingu shrine complex s...
GUNMA PREFECTURE TO CONTINUE PARTICIPATION IN THE ‘GO TO TRAVEL’ SUBSIDY PLAN
Highlights –
- Gunma prefecture to continue participation in the ‘Go To Travel’ subsidy plan.
- It will also continue the ‘Go To Eat’ program announced by the central government earlier.
- The current state of infect...
SAPPORO AND OSAKA ARE LIKELY TO SUSPEND ‘GO TO TRAVEL’ SUBSIDY PROGRAM
Highlights –
- Sapporo and Osaka are likely to suspend ‘Go To Travel’ subsidy program.
- The suspension comes due to the increasing number of COVID-19 cases in the above areas.
- Japan’s government panel of Medical experts...
JAPAN’S JTB CORP. TO REDUCE WORKFORCE UNDER BROAD RESTRUCTURING
Highlights –
- Japan’s JTB Corp. to reduce workforce under broad restructuring.
- JTB is said to have recorded a net loss of 78.17 billion yen for the April-September period.
- The company plans to reduce 115 outlets in Japan and clos...
‘GO TO TRAVEL’ SUBSIDY PROGRAM TO BE SUSPENDED IN AREAS WITH RISING COVID-19 CASES
Highlights –
- ‘Go To Travel’ subsidy program to be suspended in areas with rising COVID-19 cases.
- Japan has been recording more than 2,500 new daily COVID-19 cases.
- Suga has asked prefectural governors to consider stopping ...
HOKKAIDO LOCALS BLAME GOVT. ‘GO TO TRAVEL’ PLAN THE CAUSE OF COVID-19 CASES
Highlights –
- Hokkaido locals blame govt. ‘Go To Travel’ plan the cause of COVID-19 cases.
- The prefecture recorded a daily high of 236 COVID-19 cases as of Nov.12.
- The cluster of infections occurred at an eatery in the town...
KYOTO REPORTS RECOVERY IN TOURISM DUE TO ‘GO TO TRAVEL’ CAMPAIGN
Highlights –
- Kyoto reports recovery in tourism due to ‘Go To Travel’ campaign.
- Kyoto City Tourism Association showed the survey results of 64 hotels in the Kyoto region.
- Kyoto has reported having seen a decline in COVID-19...
JAPANESE GOVT. CONSIDERING EXTENDING ‘GO TO TRAVEL’ SUBSIDY PROGRAM UNTIL JANUARY
Highlights –
- Japanese Govt. considering extending ‘Go To Travel’ subsidy program until January.
- The new date has so far not been determined.
- The government plans to draft a third supplementary budget for fiscal 2020. ...
FINANCE MINISTRY OF JAPAN UPGARDES THE COUNTRY’S REGIONAL ECONOMIES FOR 2ND QUARTER
Highlights –
- Finance Ministry of Japan upgrades the country’s regional economies for 2nd quarter.
- The ministry’s 11 regional bureaus also upgraded their independent assessments.
- The ministry pointed out the ‘Go To Tr...
JAPAN SAW A PLUNGE IN FOREIGN TRAVELERS IN SEPTEMBER; 99 PERCENT
Highlights –
- Japan saw a plunge in foreign travelers in September; 99 percent.
- The number of Japanese nationals departing the country came down to 98.2 percent.
- By the end of the year, the government is said to come up with a plan to ...
TOURIST MINISTRY OF JAPAN REPORTS ‘GO TO TRAVEL’ COVERED 25.18 MILLION OVERNIGHT STAYS
Highlights –
- Tourist Ministry of Japan reports ‘Go To Travel’ covered 25.18 million overnight stays.
- The subsidy campaign showed data of domestic overnight stays of about two months.
- The government-funded a total of $1 bil...
$5.2 BILLION FROM RESERVE FUNDS TO BE USED TO FINANCE SUBSIDY PROGRAMS IN JAPAN
Highlights –
- $5.2 billion from reserve funds to be used to finance subsidy programs in Japan.
- The Cabinet Office’s funds include 439.1 billion yen.
- The government is also allocation 24.1 billion yen towards support for farmers a...
JAPANESE GOVERNMENT TO ADD ADITIONAL FUNDS TO ‘GO TO TRAVEL’ PROGRAM
Highlights –
- Japanese government to add additional funds to ‘Go To Travel’ program.
- Several travel firms announced to lower the upper limits of the discounts.
- The ‘Go To Travel’ program offers to cover up to 35...
JAPAN’S OPPOSITION PARTY CDP AND OTHERS CRITICIZE THE CENTRAL GOVT. ‘GO TO EAT’ PROGRAM
Highlights –
- Japan’s opposition party CDP and others criticize the central govt. ‘Go to Eat’ program.
- The central government of Japan had introduced the reward system program to increase restaurant demands.
- The gover...
JAPAN GOVERNMENT INCLUDES TOKYO UNDER ‘GO TO TRAVEL’ SUBSIDY PROGRAM
Highlights –
- Japan government includes Tokyo under 'Go To Travel' subsidy program.
- The travel subsidy program was launched in July.
- A similar initiative to promote consumption at eateries also started on Thursday.
- &...