Japan govt approves opening of Tokyo's Toyosu market
Jiji -- Sep 11
Japanese Agriculture, Forestry and Fisheries Minister Ken Saito on Monday approved the opening of the Toyosu new wholesale food market in Tokyo's Koto Ward to succeed the iconic but aging Tsukiji market in neighboring Chuo Ward in the capital.

The approval was given under the wholesale market law. The Tokyo metropolitan government will open the Toyosu market on Oct. 11, about two years later than originally scheduled.

In talks with reporters, Tokyo Governor Yuriko Koike showed her resolve to speed up preparations for the launch of the Toyosu market. "We'll work with local communities and industry groups to foster the Toyosu market into a core market in Tokyo," she said.

In August 2016, Koike announced her decision to postpone the market relocation, planned for November the same year. Later, it was found that soil replacement work as a pollution control measure had not been carried out for some facilities at the Toyosu market, a former gas plant site. Instead, concrete-walled empty basements were found to have been constructed under the buildings.

The Tokyo government has since implemented additional safety work at the Toyosu site.

News source: Jiji
Jul 17
Over two weeks of cloudy and rainy days in Tokyo and nearby areas has resulted in higher vegetable prices and sluggish sales of summer clothing. (Japan Times)
Jul 17
U.S. investment firm Blackstone Group will spend over 100 billion yen ($926 million) to buy distribution centers in Japan, seeing room for growth in the country's relatively small e-commerce market, Nikkei has learned. (Nikkei)
Jul 15
Japan's 100-yen shops are stepping up store openings as they continue to gain ground among thrifty consumers, with supermarkets and drugstores seeking them out as tenants to draw customers, shifting the dynamic in the nation's retail landscape. (Nikkei)
Jul 13
Japanese cryptocurrency exchange operator Bitpoint has lost 3.5 billion yen ($32 million) in a hacking attack, parent company Remixpoint announced on Friday. (Nikkei)
Jul 12
Japan's national mint has begun making the first coins featuring the new era name Reiwa. (NHK)
Jul 12
Seoul has pointed to its interceptions of illegally exported sensitive materials to discredit Japan's claim that South Korea lacks a proper monitoring regime, prompting an immediate rebuttal from Tokyo, as bilateral relations appear to plumb another low. (Nikkei)
Jul 10
South Korea has criticized Japan at a meeting of the World Trade Organization over Tokyo's tighter export requirements for some high-tech materials. (NHK)
Jul 10
Japan's three biggest online brokerages are in a race to lower trading fees, opting to eliminate minimum charges levied on U.S. stock trades. (Nikkei)
Jul 09
Budget restaurant chains in Japan that are struggling with sluggish sales are wondering: Where are all the "wandering salarymen"? (Nikkei)
Jul 09
When it comes to Search Engine Optimization (SEO), link-building remains as one of the most powerful tools every brand should capitalize on. However, gaining the best link-building experience is no overnight success. Tactics that deliver long-term results are always contingent on having a well-crafted, step-by-step plan that is both concrete and measurable. (newsonjapan.com)