Commentary: Everything costs more, so why is Japan making beer cheaper?

REASON FOR CHEER

The authorities decided it was done in 2017. It decided to combine the income bands of real beer, happoshu, and third beer into one after beer income had decreased by 30 % from a 1994 top. This three-stage process will be finished in 2026.

Happoshu and next beers range in quality from ordinary to awful, which is reason to celebrate. They could have happened to you while playing karaoke( the painful head is a giveaway), or you might have only been terrible enough to pick one up off the convenience store shelf.

I switched to Clear Asahi, a” next form” alternate made with fermented barley, when money was tight. You eventually convince yourself that you hardly notice the difference.

I was fortunate enough to be able to return to authentic beer after receiving a boost at my previous job. Perhaps that Clear Asahi you will now cost roughly 10 renminbi more this month. A brewers’ organization polled nearly 25 % of respondents last year, and they predict they’ll consume more real ale once the changes take effect.

Do most users, however, have the luxury of making more purchases? Even though the taxes on real ale will drop from 77 hankering before 2020 to almost 55 by 2026, it is still half as much as the 28 Yen levied on a can of third beer prior to the changes, which is worrying the central bank.

Over the past three years, alcohol consumption is far from the only segment of society that has succumbed to cutting corners and making the wrong investments. However, Japan has reached a turning point. Despite the backlash against former Bank of Japan Governor Haruhiko Kuroda’s remarks last year, businesses have suddenly begun to accept the idea of passing on expenses, and consumers appear to be adjusting to higher prices.

Give rates increased significantly earlier this year, and in October the minimum wage was raised to an average of 1, 000 renminbi, the largest increase since data started. In addition, & nbsp,

However, it’s not entirely clear if this is a long-lasting shift or merely an adjustment. The need for additional wage increases next spring may be lessened by the fact that inflation is already declining. Yet cash-rich businesses will be forced to wait by the impending possibility of a US recession.

Pay may be less important than retirement for the time being due to the rise of the” serious curious” children who consume less alcohol than previous years.

The brewers argue that the current price is 14 times higher in Germany than it is in the US, which is why they are calling for additional cuts to the beer tax. In a country where the topic of discussion right now is how to finance optimistic defense and child-rearing programs, that seems unlikely to carry much weight.

Japan needs to invest its resources in the correct places and get rid of the kinds of negative subsidies that contributed to happiness. It would be something to raise a glass to if these changes could help jolt the government out of its multi-decade economizing mood.

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Thai teenager charged with murder over Bangkok mall shooting

BANGKOK: A 14-year-old teenager was charged with premeditated murder and unlawful possession of a firearm on Wednesday, October 4, following an altercation in which he fired what the police claimed to be an altered pistol with the intention of firing blank shots.

The firing at the Siam Paragon shopping center on Tuesday, the most recent gun violence to strike Thailand in the previous three times, resulted in two fatalities and five injuries. & nbsp,

According to police, the assume had experienced a mental break in the days leading up to the shooting. However, a judge ordered the think to be placed in juvenile custody instead of the police’s ask to have him detained at the mental health facility, according to Reuters-viewed court documents. & nbsp,

According to Major General Nakarin Sukhontawit, the suspect is accused of five offenses, including unlawful ownership of a firearm, unlawful carrying of one in public, and unlawful discharge of another.

Hundreds of terrified shoppers rushed to the exits as gunshots rang out at the posh mall in Bangkok’s busy commercial district later on Tuesday afternoon. & nbsp,

A Chinese and a Myanmar resident were both killed. & nbsp,

After being cornered by law in a custom furniture store, the suspect turned himself in. & nbsp,

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Singaporeans in Bangkok advised to exercise caution, says MFA after Siam Paragon mall shooting

Singapore: Following the fatal shooting at Siam Paragon store on Tuesday, October 3, Singaporeans in Bangkok are advised to practice caution.

The Singapore embassy in Bangkok contacted local authorities on Wednesday to see if any Singaporeans had been hurt or directly impacted by the shooting, according to the Ministry of Foreign Affairs( MFA ).

MFA continued,” There are currently no information of any Singaporeans being impacted by the capturing.”

” Bangalore residents are advised to exercise caution, keep an eye on local media, and follow local authorities’ guidelines.”

Singaporeans visiting Thailand are strongly advised to e-register with MFA & nbsp if they have not already done so. & nbsp,

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Surging Tokyo property prices squeeze out young professionals

According to firm Cushman & amp, Wakefield, foreigners have invested more than 1.8 trillion yen in Chinese real estate since 2019, outpacing moves from institutional investors, home funds, and corporations. And more will follow. According to Cushman & amp, Wakefield director Mari Kumagai, money from property speculators has accumulated overContinue Reading

China rebukes EU after formal launch of EV subsidy probe

BRUSSELS: & nbsp, China expressed dissatisfaction on Wednesday( Oct. 4 ) in response to the European Union’s request that it participate in consultations on its investigation into subsidies for electric vehicles within a” very short” period of time. The comments were made as the European Commission officially began its investigationContinue Reading