sales tax hike

Japan PM Shinzo Abe delays tax hike in blow for Abenomics

Tokyo: Japanese Prime Minister Shinzo Abe on Wednesday said he would delay a sales tax hike that threatened to derail the fragile economy, but analysts said it highlighted the failure of his years-long efforts to spark growth.
 

Jun 01, 2016, 18:02 PM IST

Suzuki Motor profit falls for first time in 8 quarters as tax hike hurts

Suzuki Motor Corp said on Thursday operating profit fell for the first time in eight quarters in July-September, as sluggish demand in Japan following an April sales tax hike continued to fan fierce, profit-eroding competition.

Nov 06, 2014, 15:03 PM IST