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Reference | EXPLAINER Dec 18, 2017

Japan set to bank ¥40 billion per year for tourism sector with new departure tax

by Mizuho Aoki

From January 2019 Japan is set to impose a ¥1,000 tax on everyone departing the country, to secure funding for tourism infrastructure and promotion amid record-breaking arrivals of international travelers. The inbound tourism industry is one of the few growth sectors in the rapidly graying ...

Reference | EXPLAINER Dec 4, 2017

20 years after Kyoto Protocol, where does world stand on climate?

by Eric Johnston

On Dec. 11, 1997, representatives from over 150 nations gathered in Kyoto to hammer out what would become the world's first international agreement to control and reduce greenhouse gas emissions, especially carbon dioxide. In a marathon nearly two-week negotiating session that ran into the early ...