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Japan’s PM Shigeru Ishiba resigns weeks after election debacle

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Japan's Prime Minister Shigeru Ishiba Japan's Prime Minister Shigeru Ishiba speaks to reporters at his office in Tokyo on July 23, 2025 [Aljazeera]

Japanese Prime Minister Shigeru Ishiba has announced his resignation as president of the Liberal Democratic Party (LDP), just weeks after its ruling coalition suffered a historic defeat in a July election.

Ishiba’s decision to step down on Sunday comes after he initially resisted calls from within his party to resign over the electoral loss, saying he wanted to make sure that a tariff deal struck with the United States was appropriately implemented.

“With Japan having signed the trade agreement and the US president having signed the executive order, we have passed a key hurdle,” Ishiba said on Sunday. “I would like to pass the baton to the next generation,” he added.

Ishiba will remain as prime minister until the party holds elections to replace him as president of the LDP. His resignation deepens the political uncertainty facing the world’s fourth-largest economy.

After assuming his role last October, the 68 year old politician saw electoral defeats wipe out his coalition’s majority in both houses of parliament.

The losses, stoked by voters’ concerns about the rising cost of living, made it more difficult for Ishiba’s government to implement its policy objectives.

Amid the country’s growing political instability, Ishiba was urged to resign by mostly right-wing opponents within his party, who wanted him to take responsibility for the results of July’s House of Councillors election.

Reports suggested that Japan’s agricultural minister and a former prime minister met Ishiba on Saturday evening to persuade him to step aside.

After announcing his resignation at a news conference on Sunday, Ishiba said he would begin the process to find his replacement.

His potential successors include the conservative Sanae Takaichi, who narrowly lost to Ishiba in last year’s LDP run-off election, and Shinjiro Koizumi, the current farming minister whose family has long been involved in Japanese politics.

“Given the political pressure mounting on Ishiba after the LDP’s repeated election losses, his resignation was inevitable,” noted Kazutaka Maeda, an economist at Meiji Yasuda Research Institute.

“As for potential successors, Koizumi and Takaichi are seen as the most likely candidates. While Koizumi is not expected to bring major changes, Takaichi’s stance on expansionary fiscal policy and her cautious approach to interest rate hikes could draw scrutiny from financial markets,” Maeda added.

Ishiba’s resignation comes just days after US President Donald Trump signed an executive order on Thursday to slash tariffs on Japanese car imports from 27.5 percent to 15 percent, formalising an earlier agreement announced in July.

Under its terms, a 15 percent levy will be imposed against most Japanese exports to the US.

However, speaking on Saturday, Tokyo’s top tariff negotiator said the broad trade agreement is “not settled” yet, as US presidential orders on pharmaceutical and semiconductor tariffs have not been issued.

[Aljazeera]



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58,454 International aircraft movements in Sri Lanka in first 11months of 2025 – Ministry of Ports and Civil Aviation

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According to figures released by the Ministry of Ports and Civil Aviation there have been 58,454 international aircraft movements in the first 11 months of 2025 in Sri Lanka. [An  aircraft movement refers to the count of take offs and landings at an airport]

The figures also confirm that tourist arrivals via air stands at 2.1 million.

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Lasith Malinga to work with the Sri Lanka Team in lead up to T20 World Cup

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Lasith Malinga chats with Matheesha Pathirana [Cricinfo]

Lasith Malinga  has once more been retained as consultant bowling coach for Sri Lanka’s men’s team, as they prepare for the T20 World Cup they are due to co-host from early February.

Although this is only a 40-day appointment, running from December 15 to January 25, it is essentially a continuation of Malinga’s work with key bowlers in the national set-up. Malinga has worked officially as a fast-bowling consultant at least twice before, but has also worked unofficially with top bowlers over the years, and has been advising the coaching team led by Sanath Jayasuriya, over the past two years.

With round-arm bowlers Matheesha Pathirana and Nuwan Thushara both in Sri Lanka’s preliminary squad for the T20 World Cup, and likely to make the final 15, Malinga will be especially well-placed to assist.

“Sri Lanka Cricket aims to leverage Malinga’s vast international experience and renowned expertise in death bowling, particularly in the shortest format of the game to strengthen Sri Lanka’s preparations for the upcoming World Cup,” the board release said.

Sri Lanka are set to co-host their first men’s global tournament since 2012, from February 7. Three Sri Lankan venues will be used – Khettarama and SSC in Colombo, and Pallekele.

The T20 World Cup will run from February 7 to March 8. Sri Lanka are in Group B along with Australia, Ireland, Oman and Zimbabwe.

[Cricinfo]

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Highest revenue in 93-year history of Inland Revenue Department collected in 2025

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The Inland Revenue Department has succeeded in collecting Rs. 2,203 billion in revenue in 2025, the highest amount recorded in its 93-year history. This represents a surplus of Rs. 33 billion over the revenue target for the year and a 15 per cent increase compared with the revenue collected in the previous year, stated Commissioner-General of Inland Revenue Ms Rukdevi Fernando.

She made these remarks at a discussion held on Tuesday (30)  morning at the Department’s auditorium under the patronage of President Anura Kumara Dissanayake.

Marking the first occasion in the 93-year history of the Inland Revenue Department that a President has visited the Department, the President attended a meeting with the staff  to review the progress achieved in 2025 and the new plans for 2026.

The President expressed his appreciation to all officers and staff of the Inland Revenue Department for surpassing the revenue expected by the Government and urged everyone to continue working towards a common objective in order to realise the economic transformation required for the country.

Emphasising that no individual is entitled to the privilege of evading taxes, the President stated that the era in which a tax culture prevailed based on personal or political affiliations has come to an end. He further stressed that the law will be enforced without hesitation, irrespective of status, against those who attempt to evade taxes.

The President also pointed out that tax collection is neither repression nor coercion but a legitimate right of the State, adding that necessary changes will be made to laws, regulations, designations and staffing in order to secure this contribution.

He further emphasised that the Government’s objective is to ensure that the benefits of these economic achievements flow to the people of the country. The Government is focusing on improving essential public services to enhance the quality of life, undertaking a new transformation of the transport system and providing adequate allocations for the development of the education and health sectors.

The President also highlighted the need for a targeted programme to properly collect the taxes due to the Government by addressing issues such as improving tax literacy, simplifying the tax system and filling staff shortages.

Ms Rukdevi Fernando stated that the professional competence and dedication of the Department’s officers were the key factors behind this success.

She further noted that a revenue target of Rs. 2,401 billion has been set for 2026 and that the Department expects to achieve this through programmes aimed at enhancing tax compliance and broadening the tax base.

In addition, she said that the Department plans to expand third-party data sharing, strengthen investigations into domestic and overseas assets, take over the RAMIS system, reinforce risk-based auditing, introduce e-invoicing, adopt modern technology for tax administration and enhance tax ethics in 2026.

Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando, Deputy Minister of Economic Development Nishantha Jayaweera, Secretary to the President Dr Nandika Sanath Kumanayake, Commissioner-General of Inland Revenue Ms Rukdevi Fernando and senior officials and staff of the Department were present at the occasion.

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