Japan’s ruling party picked hardline conservative Sanae Takaichi as its head on Saturday, putting her on course to become the country’s first female prime minister in a move set to jolt investors and neighbours. The Liberal Democratic Party (LDP), which has ruled Japan for almost all of the postwar era, elected Takaichi, 64, to regain trust from a public angered by rising prices and drawn to opposition groups promising stimulus and clampdowns on migrants. A vote in parliament to choose a replacement for outgoing Shigeru Ishiba is expected on October 15. Takaichi is favoured as the ruling coalition has the largest number of seats. Inherits party in crisis Takaichi, the only woman among the five LDP candidates, beat a challenge from the more moderate Shinjiro Koizumi, 44, who was bidding to become the youngest modern leader. A former economic security and internal affairs minister with an expansionary fiscal agenda for the world’s fourth-largest economy, Takaichi takes over a party in crisis. Various other part...
With Japanese Prime Minister Shigeru Ishiba announcing his resignation, attention turns to who will next steer the world’s fourth-largest economy. The process to pick Japan’s next leader is more complicated than before, as Ishiba’s Liberal Democratic Party (LDP), which has ruled Japan for most of the post-war period, and its junior coalition partner lost their majorities in both houses of parliament during his tenure. Party leadership race First, the LDP must pick a new president to replace Ishiba. The date has not been set yet. In the last party leadership race in September 2024, candidates needed to secure 20 nominations from the party’s lawmakers to be eligible to run. Candidates will embark on a period of debates and campaigns across Japan, culminating in a vote by lawmakers and rank-and-file party members. In the last race, there were nine contenders, and Ishiba won in a run-off. LDP vote Based on the last leadership race, each lawmaker has a vote with an equal number distributed among the rank-and-file ...
TOKYO: The Japan Digital Nomad Visa, introduced in 2024, enables remote workers to live and work in Japan for up to six months. To qualify, applicants must be from specific countries, hold a valid passport, earn a minimum of 10 million yen annually (around $62,166 USD), and have private health insurance. This visa suits freelancers, […]