The Tokyo Olympics have been postponed until 2021, and the cost of hosting them is only going up for Japan. According to The Associated Press, Japan has said the official cost of the Olympics is $12.6 ... ( read original story ...)
GIC, Equinix partner to build data centres in Japan
Noting that Japan was the world's third-largest economy and a regional interconnectivity hub, Equinix said Tokyo housed a large number of global and regional business headquarters and which end-user ... ( read original story ...)
Japan back in whaling business, but quotas and cost make meat a hard sell
“Whale food orders are higher than before” as a result of the attention the resumed commercial whaling has brought to the meat, said Shintaro Sato, the owner of Taruichi, an izakaya (Japanese pub) ... ( read original story ...)
Tokyo Olympics won’t do much to boost Japan’s economy, experts say
IOC member John Coates, who oversees planing for next year’s Tokyo Olympics, claimed last week that the postponed games could help “kick start” Japan’s economy. But economists and Olympic researchers ... ( read original story ...)
Tokyo’s Toyosu fish market struggles amid pandemic
Our business is almost dying," said Masaru Harada, 53, president of the intermediate wholesaler Dairiki Shoten, which has a shop inside the Toyosu market. Dairiki trades 50 to 60 expensive marine ... ( read original story ...)
Canadian startup launches in Tokyo to provide contactless pickup services for restaurants
“ClickDishes is moving quickly to provide the small restaurants, food courts, and food trucks of Tokyo with a way to evolve their businesses digitally while navigating these trying times.” ... ( read original story ...)
Japan’s sex industry stays open amid pandemic as workers and business owners weigh health with income
In Tokyo, major department stores have closed down ... much of the nation’s nightlife districts and their izakayas remain open, as small-business owners – who make up the backbone of Japan’s nightlife ... ( read original story ...)
Tokyo’s Toyosu fish market struggles amid coronavirus pandemic
Our business is almost dying," said Masaru Harada, 53, president of the intermediate wholesaler Dairiki Shoten, which has a shop inside the Toyosu market. Dairiki trades 50 to 60 expensive marine ... ( read original story ...)
Tokyo stocks fall in cautious morning trade after Nikkei’s jump
Tokyo stocks fell Monday morning as investors were cautious about chasing their upside following the benchmark Nikkei index's jump la ... ( read original story ...)
Lack of aid guarantees divides prefectures over emergency business closures
Osaka – As Japan spent its first weekend under a national ... and to practice social distancing. But the issue of business closures and financial aid remains contentious. While some have called on ... ( read original story ...)
Pandemic forces organizers to mull options for 2025 Osaka Expo
Osaka – Later this month, the Paris-based Bureau of International Expositions is ... despite economic concerns in Japan about the virus and the postponed Tokyo Olympics, Kansai and national government ... ( read original story ...)
Osaka to decide Monday whether to issue business suspension request
Osaka/Nagoya – Osaka Prefecture will make a final decision Monday on whether to issue a business suspension request under a state of emergency over the new coronavirus, according to Gov. Hirofumi ... ( read original story ...)
Japan Business Mood Slumps to Decade Low on Coronavirus Hit: Reuters Tankan
TOKYO (Reuters) - Japanese business confidence plunged to fresh decade lows in April as firms reported widespread damage from the coronavirus pandemic which is threatening to throw the world economy ... ( read original story ...)
Japanese firms say government’s $1 trillion coronavirus stimulus too little, too late: Reuters poll
Most Japanese corporations were disappointed by the government’s $1 trillion stimulus plan to mitigate the economic fallout from the coronavirus outbreak, saying it is insufficient, and many ... ( read original story ...)
Agilyx licenses recycling tech in Japan
Agilyx said a company in Japan has licensed its innovative recycling technology, the Tigard company’s first move into Asia. Agilyx has refined a high-heat, low-oxygen process called pyrolysis to turn ... ( read original story ...)
‘Severe Pressure’ Will Force Some Japan Firms to Slash Dividends
As the coronavirus pandemic clouds the earnings outlook for Japan Inc. in the midst of its most important reporting period of the year, it also threatens to crimp payouts to shareholders. ( read original story ...)