Business

Japan to propose extending employment subsidy until year-end - Nikkei

Japan's government will propose to extend a special employment subsidy for helping firms hit by the coronavirus pandemic until year-end at a top economic advisory panel meeting on Wednesday, the Nikkei business daily said.

FILE PHOTO: People walk inside a building in Tokyo
FILE PHOTO: People walk inside a building in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato

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TOKYO: Japan's government will propose to extend a special employment subsidy for helping firms hit by the coronavirus pandemic until year-end at a top economic advisory panel meeting on Wednesday, the Nikkei business daily said.

The government will also propose making it easier for small- and mid-size firms to apply for the subsidy, as firms are bracing for an expected minimum wage rise in October, the Nikkei said.

(Reporting by Daniel Leussink; Editing by Jacqueline Wong)

Source: Reuters