Beer producers throughout Japan are rolling out new merchandise in anticipation of the alcohol tax revision slated for October.
Suntory will launch a restricted version “Perfect Suntory Beer” nationwide ranging from October third, the primary in Japan to comprise zero carbohydrates.
As a part of the alcohol tax revision, taxes on common beer will likely be lowered, whereas a brand new class known as “third-category beer” will face a rise in taxes.
As the worth distinction narrows, varied breweries are accelerating their investments in beer.
Asahi and Kirin even have plans to launch new beer merchandise after October.
Will the Bank of Japan be Forced to Hike Rates?
Bloomberg – Aug 23
The Bank of Japan’s decades-long battle to generate inflation pushed by progress in demand and wages seems to have obtained little help from the current bout of worldwide inflation.

Inequality rising once more in Japan
News On Japan – Aug 23
Income inequality is rising once more in Japan and approaching a file stage because of improve within the aged and decrease incomes amongst lively staff, in keeping with the outcomes of a survey launched by the Ministry of Health, Labour and Welfare.

MushyBank-backed chip agency Arm to listing on Nasdaq in over $60 bil. IPO
Kyodo – Aug 22
MushyBank Group Corp.-backed British chip designer Arm mentioned Monday it has filed to listing its shares on the U.S. Nasdaq stock change, with its market capitalization estimated to exceed $60 billion in what could possibly be the biggest preliminary public providing this 12 months.

Japanese stock market miracle extra monetary than actual
East Asia Forum – Aug 18
The Japanese stock market has skilled a formidable upswing. Since January 2023, the Nikkei 225 index has risen by round 30 per cent — by far outperforming US and European shares. The increase is pushed by international buyers, with Berkshire Hathaway CEO Warren Buffet’s Japan go to seen as a ‘stamp of approval’ for investing in Japan.

Japan hit by commerce deficit in July
AP – Aug 18
Japan suffered a commerce deficit final month as exports sank for the primary time in additional than two years, dragged down by a slowdown abroad.

Japanese yen slumps to 2023 lows
WION – Aug 18
The yen plunged to ranges that prompted Japan to intervene within the foreign money market final 12 months. The yen’s decline is because of the U.S.-Japan interest-rate divergence. The Japanese foreign money dropped to 145.93 per dollar, a stage at which officers had intervened in September final 12 months.
Business Page: 1 | 2 | 3 | 4 | 5 | 6 | 7

