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While saying that meeting was "very good", the Foreign Secretary said that both US President Donald Trump and Japanese Prime Minister Shinzo Abe praised Prime Minister Modi for the reforms and the development work he has implemented in India.The Prime Minister is on a three-day trip to Argentina to attend the ongoing G20 summit, an international forum bringing together the 20 leading and emerging economies of the world to discuss key global economic issues.Read more The disrupted workplace presents a new opportunity for the HR function: to become a strategic partner to the CEO in influencing and executing business strategy. Read more Permanent establishment (PE) means having a taxable presence outside your company’s state of residence.Tax authorities are adapting beyond the “bricks and mortar” definition, identifying PEs caused by overseas contractors, short-term business travelers, warehouse space, digital activity and more.By then, almost one-half (46 percent) of the city’s residents will be past retirement the age of 65, underlining the trend that Japan’s population is rapidly aging and will require increasing health care and financial support.(Currently, the elderly account for about one-fifth of Tokyo’s populace).
To secure the skills they require, organizations need a new approach to attracting, developing and inspiring their workers.
Last year, Japan recorded only 1.03 million births -- and the country may lose one-third of its current population of 127 million by 2060, said the National Institute of Population and Social Security Research.
Consider what Japan’s future demographic crisis will do to the metropolis of Tokyo -- a municipal government report warned that the population of the capital city will be cut by half over the next 90 years.
Yuriko Koike, a member of Abe’s conservative, nationalist Liberal Democratic Party, warned that, as of 2012, the average fertility rate for Japanese women amounted to only 1.41 children, well below the replacement rate of 2.1 needed to sustain a stable population.
Japan’s birth rate has not been above 2 level since 1974.