A parliamentary committee on Friday approved one of Prime Minister Junichiro Koizumi’s key economic reforms to open Japan’s postal services to competition. The step makes it likely that the legislature will formally approve the bills next week.
Read MorePrime Minister Junichiro Koizumi won a tough fight with conservatives in his own party to open the postal service to competition, but critics said Thursday the legislation is so watered down that real change is unlikely.
Read MoreThe ruling Liberal Democratic Party (LDP) on Wednesday approved revisions to a set of bills on postal service deregulation proposed by the government, LDP lawmakers said. At an extraordinary meeting of the policy-setting General Council held in the morning, the LDP approved changes to one of the bills on establishing a public corporation next year to take over state-run postal services.
Read MoreJapanese Prime Minister Junichiro Koizumi’s cabinet and the ruling Liberal Democratic Party (LDP) have basically agreed on amendments to bills for postal services deregulation.
Read MorePrime Minister Junichiro Koizumi late Monday accepted a demand from the ruling Liberal Democratic Party (LDP) that two bills governing terms and conditions for establishing a public corporation handling postal services be revised, party sources said.
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