The Japanese government on Monday decided a plan to sharply increase investment in innovative start-ups at a meeting of the Council of New Form of Capitalism Realization.

The goal of the council is to realize what Prime Minister Kishida Fumio has called "a new form of capitalism."

Japan's tourism minister has announced that the government will allocate additional funds to its tourism campaign, aimed at boosting the pandemic-hit economy.

The move comes after some travel websites became unable to give a promised level of discounts.