BUSINESS – 4

May 19
The coronavirus pandemic continues to have a significant economic impact, with Japan's GDP plunging during the January-to-March quarter. (NHK)
May 18
In what would have been a windfall year had the Olympic Games proceeded as planned, Japan's hotel chains are instead facing an existential threat after the coronavirus pandemic wreaked havoc on the travel industry. (Nikkei)
May 18
More and more people in Japan have started baking to pass time at home as they refrain from outings due to the COVID-19 pandemic, leading to shortages of flour products on store shelves. (Japan Times)
May 18
Japan is casting an even wider protectionist net to shield its big companies. (Japan Times)
May 17
Businesses began reopening across parts of Japan on Saturday, as dozens of prefectures entered their first weekend since being released from a state of emergency for the coronavirus pandemic. (NHK)

May 16
Nissan Motor has registered with the Japanese government to issue up to 500 billion yen ($4.7 billion) in bonds within two years to prepare for a possible deterioration of earnings by increasing funds on hand. (Nikkei)
May 16
Rakuten Mobile Inc on Friday announced that due to the impact of the global COVID-19 pandemic, the company expects a delay in the launch of its 5th generation mobile communications systems (5G) service. (Japan Today)
May 15
Japan's western prefecture of Osaka has decided to begin gradually lifting a business suspension request it issued to contain the spread of the coronavirus. (NHK)
May 14
Business sentiment among workers in Japan with jobs sensitive to economic trends logged a record low for the second consecutive month in April as the novel coronavirus pandemic stalled the nation's business activity, government data showed Wednesday. (Japan Times)
May 14
The government said March 5 that Chinese President Xi Jinping’s much-anticipated visit to Japan would be postponed. Given the worsening COVID-19 pandemic, the news was hardly surprising. The next day, the government announced tightened restrictions on travel from China. That prompted criticism from those observers who saw the timing as suggesting that Prime Minister Shinzo Abe had held off on the travel restrictions out of consideration for Xi’s visit. (Japan Times)

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