Philippine court orders arrest of Japanese casino mogul Okada
Japan Today -- Jan 07
A Philippine court has ordered the arrest of Japanese pachinko billionaire Kazuo Okada, about a month after the country's Department of Justice recommended the filing of charges against him over three counts of fraud.

The DOJ has found cause to indict Okada for three counts of swindling after he acquired "through mistake or fraud" $3.15 million in salary and consultancy fees during his tenure as chief executive of Manila casino operator Tiger Resort.

Okada had filed a motion for reconsideration at the DOJ, dismissing the accusations against him as baseless.

Judge Rolando How of the Paranaque City Regional Trial Court Branch 257 ordered the National Bureau of Investigation and the Philippine National Police to present Okada to court. The warrant of arrest was issued on Friday and made public on Sunday.

The bail was fixed at 348,000 Philippine pesos ($6,627) for all three charges.

Tiger Resort previously said the payments were facilitated by its former president and were not authorised by its board.

News source: Japan Today
Jun 15
A Japanese firm has shelved an advertising campaign intended to promote gender equity at home after its #beWHITE hashtag sparked concern about racial sensitivities. (Japan Today)
Jun 13
Food delivery staff working in Japan for ride-hailing company Uber Technologies Inc said Wednesday they plan to form a labor union in a bid to improve what they see as disadvantageous treatment for being classified as independent contractors rather than employees. (Japan Today)
Jun 12
More than 60 percent of women in Japan have experienced the enforcement rules calling for the wearing of heels in the workplace or while job-hunting, or have witnessed others being forced to wear them, according to a survey conducted by a Japanese business website, which also reported the findings Tuesday to a Diet discussion. (Japan Today)
Jun 12
Keidanren, the Japan Business Federation, says major companies are planning to trim summer bonuses this year. (NHK)
Jun 12
Japan's leading instant noodle company is joining the fight against pollution. Nissin Food Products says it will redesign its containers to use less petroleum-based products and more so-called bio-plastic, derived from plants. (NHK)
Jun 11
Japan is bringing in more foreign workers to help address a labor shortage, and the government wants to make sure Tokyo and other major cities are not the only places that benefit from the additional manpower. (Nikkei)
Jun 10
Japanese Finance Minister Taro Aso met with U.S. Treasury Secretary Steven Mnuchin on Sunday, as their countries have been discussing a bilateral trade deal with a focus on whether it could involve a provision to prevent competitive currency devaluation. (Japan Today)
Jun 07
Airbnb Inc. says it’s back in business in Japan, a year after stricter short-term lodging regulations forced it to freeze a major portion of its listings in the country. (Japan Times)
Jun 05
E-commerce group Rakuten, Japan's newest wireless carrier, will partner with information technology group NEC to install roughly 16,000 low-cost 5G base stations across the country over five years, Nikkei has learned. (Nikkei)
Jun 05
With Japan's annual shareholders meetings season coming up later this month, institutional investors are ramping up pressure on companies to appoint more and better external directors who can improve corporate governance. (Nikkei)