Japan's Ishiba calls on businesses to provide big wage growth next year

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TOKYO : Japanese Prime Minister Shigeru Ishiba said on Tuesday that he would ask companies to raise wages significantly during next year's labour negotiations in the spring, known as 'shunto'.

Ishiba made the remarks at the end of a three-party meeting between the government, businesses and union leaders.

FILE PHOTO: Japan's Prime Minister Shigeru Ishiba looks on during a meeting with Peru's President Dina Boluarte (not pictured), in Lima, Peru November 17, 2024.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanPeru

Topics: Photo: Minister Meeting 2024 Experience Prime Ishiba Shigeru File Mediacorp

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 12:12:25 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 128 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23871513

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