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Japan to Adopt Secondary Capital Requirements in Oct.

Tokyo, Aug. 26 (Jiji Press)--Japanese government officials on Wednesday confirmed that they will adopt an ordinance around late October that includes requirements for serving as a secondary capital.

  • Japanese officials plan to introduce secondary capital requirements ordinance in October.
  • Secondary capital aims to spread economic bases and serve as disaster alternative.
  • Tax breaks and deregulation measures to incentivize secondary capital selection.

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