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Masakazu Tokura , chairman of the Japan Business Federation (Keidanren), reiterating the organizatiomn's commitment to achieving wage raises that outpace inflation in this year’s spring wage talks.
The operating expenses for the 2025 World Exposition in the western Japan city of Osaka are projected to inflate 1.4-fold from an earlier estimate to 116 billion yen ($781 million) amid rising labor costs, the event operator says
The operating expenses for the 2025 World Exposition in the western Japan city of Osaka are projected to inflate 1.4-fold from an earlier estimate to 116 billion yen amid rising labor costs, the event operator said Tuesday. The approval of the latest estimate comes as construction costs at the expo…
In a rare display of unity in lifting Japan out of its prolonged deflation, leaders from labor and management jointly called for pay hikes exceeding inflation, during the annual “shunto” wage negotiations.