Abe unveils economic revival plans | Bangkok Post: business

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Abe unveils economic revival plans

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Japanese Prime Minister Shinzo Abe unveiled a fresh round of reforms Tuesday, in the latest bid to cement a fragile recovery, his second attempt to fire the "third arrow" of his economic action plan. 

Japanese Prime Minister Shinzo Abe pictured during a press conference at his official residence in Tokyo on Tuesday following the end of an ordinary Diet session. (AFP photo)

In a package that has already been heavily trailed, he promised to slash Japan's corporate tax rate -- one of the world's highest at up to 36% -- and tackle sectors long sheltered by the state.

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